CMA CGM invests in Big Data
The France-based CMA CGM Group has confirmed its support for the capital increase of the start-up enterprise Traxens. In addition to the French line, the investment funds CAAP Création (Crédit Agricole Group) and SCR Provençale et Corse (BPPC Group) are also participating in the initiative.
The capital increase is designed to finance new research and development programmes, as well as industrialization.
CMA CGM said that it was research for high-valued innovative solutions that motivated the group’s decision to reinforce its investment in Traxens. With this cooperation, the company will become a pioneer in the implementation of Big Data in the transport field, and will be able to offer its clients unique follow-up solutions and real time data collecting from all over the world.