Expanding bike share with artificial intelligence - BikeBiz

Artificial Intelligence (AI) is changing how we commute and experience urban living. As bike share schemes grow, AI is playing an increasing role in successful schemes and enabling operators to grow efficiently in new markets. While some bike share schemes are struggling to maximise profitability and maintain market share due to increasing headcount and throwing expensive resources into their schemes as they grow, others are using new technologies to accelerate ridership growth and optimise their operations. To succeed in the long-term, they have had to rethink their approach to bike share scheme management and find ways to use the data in their schemes and turn it into actionable insights. Many operators have global ambitions and want to expand into new markets but the first step is to ensure they have the best possible operating model and can replicate it in new cities.