Otonomo CEO and Co-founder Ben Volkow to Discuss How Big Data Will be the Catalyst for the Mobility Economy at ITS World Congress in Los Angeles

LOS ANGELES, Sept. 12, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: OTMO), the platform powering the mobility economy, today announced that the company’s CEO and Co-founder Ben Volkow will be speaking on a special interest panel session at about the applications and challenges of big data in transportation. Volkow will be joined by Noam Maital, CEO at NSM Ventures, Jim Ray, corporate president at HNTB Corporation, Wee shann Lam, senior group director in technology and industry development at the Land Transport Authority (LTA) Singapore, and Google Public Sector’s head of industry solutions Monali Shah. ITS World Congress is a global event that brings together world leaders, practitioners, policy makers, researchers, and private industry to reimagine mobility and transform outcomes for future generations.

Panel: Is Bigger Always Better? Big Data, Opportunities, and Pitfalls in the Transportation Space

When: Monday, September 19, 2022 from 8 a.m. – 9:30 a.m. PT in room 405

Session Details: In its inception, the concept of big data focused on the ability to collect and process massive amounts of data. Today, big data is commonplace in almost every industry and every aspect of our lives, especially transportation. The focus is now shifting to the application and scalability of big data, as well as how to manage the growing challenges of big data such as data bias, data privacy and security, and data cleansing. Speakers will draw from their international experience to share firsthand perspectives on the applications and challenges of big data for congestion management, transit services, data visualization and more.

About Ben Volkow: As CEO and co-founder of mobility intelligence company Otonomo, Volkow and his team are working to pioneer a new generation of trailblazers that combine connected data and insights to improve urban life, optimize the expansion of electric vehicles, reduce costs and enhance traffic management. With the explosion of data sources on the horizon, his company seeks to reduce the restraints organizations face in terms of resources, budget and the skills to harness the intelligence within mobility data. Volkow was recognized by the Automotive Hall of Fame as an industry influencer for his leadership on issues pertinent to the automotive industry and its future.

To register for the event, please visit: .

About Otonomo

Otonomo (NASDAQ: OTMO), the platform powering the mobility economy, is igniting a new generation of mobility experiences and services. With Otonomo, providers in the transportation, mobility, insurance, and automotive industries are finally able to harness mobility data and insights and transform them into strategic assets and market advantages.

Our partners gain access to the broadest, most diverse, range of data from connected vehicles, mobile phones, public transport, EV infrastructure, and MaaS with just one contract and one API. Vehicle and multimodal mobility data is reshaped and enriched to provide deep visibility and actionable insights and empower planning, deployment, and operations.

Architected with privacy and security by design our platform is GDPR, CCPA, and other privacy regulation compliant, ensuring all parties are protected and companies remain privacy compliant across geographies worldwide.

Otonomo has an R&D center in Israel and a presence in the United States and Europe.

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Forward Looking Statements

This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Otonomo, the anticipated technological capability of Otonomo, the anticipated benefits of the acquisition of Neura, the amount and timing of synergies from the acquisition of Neura, the markets in which Otonomo operates and Otonomo’s projected future financial and operational results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to identify and realize additional opportunities, the ability to successfully integrate Neura, and potential changes and developments in the highly competitive data marketplace. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Otonomo’s annual report on Form 20-F filed with the SEC on March 31, 2022 and other documents filed by Otonomo from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Otonomo assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Otonomo gives no assurance that it will achieve its expectations.