GEOACTIO is a Spanish Information and Communication Technology (ICT) company specializing in the development of app and cloud software solutions, particularly within the public transportation sector. Established in 2007 and headquartered in Noáin, Navarra, Spain, GEOACTIO focuses on creating intelligent, sustainable, safe, connected, and customer-centric mobility solutions. The company's mission is to assist transport operators and public authorities in adapting to the evolving mobility paradigm by offering dynamic, scalable, and secure services that enhance the citizen experience.
Key Strategic Focus
GEOACTIO's strategic focus centers on developing cloud-native platforms and continuous learning systems based on Artificial Intelligence (AI) to advance smart mobility. The company offers a suite of solutions designed to optimize public transportation services:
- ActioTicket: A cloud-based Account-Based Ticketing (ABT) and contactless EMV (cEMV) fare collection platform.
- ActioSAE: Provides real-time transport service information and analytics for passengers, public authorities, and operators.
- ActioMaaS: A multimodal journey planner integrating various transportation modes with seamless cEMV and ABT-based passenger access.
- ActioPredict: Utilizes big data and deep learning tools to predict transport occupancy, aiding in service optimization.
- ActioMatrix: Generates real-time origin/destination matrices and integrates mobility data using AI for automated demand pattern analysis.
- ActioApp: Develops modular real-time passenger information applications.
These solutions are integrated with numerous third-party systems and developed in collaboration with university research and innovation laboratories, reflecting GEOACTIO's commitment to collaborative innovation.
Financials and Funding
Since its inception, GEOACTIO has secured funding through various channels:
- Early Stage Venture Capital: In May 2009, the company raised approximately $170,000, contributing to a total of $260,000 in early-stage funding.
- Grants: In January 2014, GEOACTIO received grant funding to support its development initiatives.
- Secondary Transactions: In July 2014, the company engaged in secondary private transactions.
Notable investors include the Government of Navarra and the Horizon 2020 SME Instrument, indicating strong institutional support for GEOACTIO's projects.
Technological Platform and Innovation
GEOACTIO distinguishes itself through its emphasis on cloud-native, serverless architectures and the integration of AI and machine learning methodologies. The company's technological stack includes:
- Cloud Platforms: Utilization of Amazon Web Services (AWS) for scalable and secure cloud solutions.
- Software Frameworks: Employment of Node.js and React for efficient and responsive application development.
- Development Tools: Use of GitLab for version control and Figma for design collaboration.
These technologies enable GEOACTIO to deliver dynamic and scalable solutions that provide real-time value-added services, optimize costs, and enhance flexibility.
Leadership Team
GEOACTIO's leadership comprises experienced professionals with backgrounds in software and civil engineering, contributing to a comprehensive understanding of client needs:
- Juancho Cabrera: Chief Executive Officer and Co-Founder.
- Diego Bustillo: Project Area Director and Co-Founder.
This dual expertise facilitates the development of solutions that effectively address the complexities of modern mobility.
Competitor Profile
In the realm of ICT solutions for public transportation, GEOACTIO faces competition from several companies:
- Medi IT Solutions: An Italian company providing technology and IT consulting services.
- JourneyXP: A Danish firm developing software solutions.
- IndiaNIC Infotech: An Indian provider of end-to-end digital, technology, and marketing services.
- Dechen Consulting Group: A U.S.-based technology consulting company offering enterprise application development solutions.
These competitors operate in overlapping domains, offering various IT and software development services that intersect with GEOACTIO's offerings.
Strategic Collaborations and Partnerships
GEOACTIO emphasizes collaboration to enhance its solutions, integrating with numerous third-party systems and partnering with university research and innovation laboratories. This approach fosters a network of partners that amplifies learning, experiences, and value generation.
Operational Insights
GEOACTIO's strategic considerations include:
- Market Position: Focusing on the public transportation sector, GEOACTIO leverages its specialized solutions to address the unique challenges of this market.
- Competitive Advantages: The company's commitment to R&D, integration of AI and cloud technologies, and collaborative approach position it favorably against competitors.
Strategic Opportunities and Future Directions
Looking ahead, GEOACTIO aims to:
- Expand Solution Offerings: Continuously develop and enhance its suite of mobility solutions to meet evolving market demands.
- Strengthen Partnerships: Deepen collaborations with research institutions and industry partners to drive innovation.
- Market Expansion: Explore opportunities in new geographic regions to broaden its market presence.
By leveraging its technological expertise and collaborative approach, GEOACT
