Waycare

Waycare, a subsidiary of Rekor Systems, is revolutionizing urban mobility by leveraging artificial intelligence (AI) and connected vehicle data to optimize traffic management. The company operates in the smart city and transportation sectors, serving public sector clients such as city governments and transportation agencies. Waycare's cloud-based platform integrates data from existing transportation infrastructure, mobile apps, connected vehicles, weather systems, and event management systems. This data is processed using AI algorithms to generate actionable insights and predictions aimed at enhancing traffic safety and reducing congestion. The business model is primarily B2G (business-to-government), where revenue is generated through subscription fees and service contracts with public sector entities. Waycare's solutions are designed to improve traffic flow, reduce accidents, and enhance overall urban mobility, making cities smarter and safer.

Keywords: AI, traffic management, smart city, urban mobility, connected vehicles, predictive analytics, public sector, transportation, congestion reduction, safety.