Germany – ZF Friedrichshafen AG says Big Data is fast becoming the new currency of global business. Harnessing the power of data into tangible products and services which provide value to both the market sellers and end consumers, along with other entities such as governments, educators, and service providers, has enormous potential and holds great promise to make future mobility more efficient, safe, and convenient for all.

ZF’s experience with data-based business in the areas of Truck & Trailer Telematics and Wind Energy is said to prove data is already driving the mobility of the future - and ZF is ready to meet the challenges of the further development and deployment of data businesses with its new Data Venture Accelerator, a global venture hub within ZF’s Innovation & Technology organisation. It is being established to expand products successfully showing value and technology feasibility, from Innovative Proof of Concepts to Mature Data Products. Turning such promising ventures into mature Data Businesses is the goal of the Data Venture Accelerator.