Sumitomo Rubber recently announced that it has invested into TripodWorks, an IoT solutions company. This comes as the tire manufacturer looks to bring about a business that employs Sensing Core, a proprietary sensing technology based on Sumitomo Rubber’s existing technology for analyzing the speed at which a vehicle’s wheels are moving. Specifically, the aim of the investment is to leverage...
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Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has formed a basic business alliance agreement with TripodWorks Co. Ltd. and Sysgration Ltd., looking through this to create a new solutions system for tire management. Not content to stop simply at conventional tire sales, Sumitomo Rubber is aiming through this agreement to create a solutions system that makes use of...
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