On Tuesday, Shares of Nokia Corporation (NYSE:NOK), gained 0.30% to $6.73.
HERE, a leader in mapping, navigation and location services, declared that together with partners in the public and private sector it is forming the Open Mobile Ticketing Alliance, a one-of-a kind effort to develop global standards that would allow people to buy public transit tickets from a single app on their mobile devices in cities worldwide.
The aim of the Open Mobile Ticketing Alliance is to enable the vision of ‘Register once, travel anywhere’ by developing open, interoperable standards with payment vendors and transit operators.
Other founding members comprise transportation service providers Scheidt & Bachmann and Thales, and mobile payment provider Verifone Mobile Money. Public transit authorities implementing solutions based on OMTA benefit from lower fare-collection costs, while passengers can get the lowest possible fare based on how often they ride.
Alliance members are predictable to bring products based on OMTA to consumers in several cities around the world later this year through transit agency trials.
The Open Mobile Ticketing Alliance was formed by four Promoter companies, counting HERE, a Nokia company, Scheidt & Bachmann, Thales, and Verifone Mobile Money.
HERE, a Nokia company, is a leader in navigation, mapping and location experiences. We combine highly accurate and fresh maps with cloud technology to enable rich, real-time location experiences in a broad range of connected devices - from smartphones and tablets to wearables and vehicles.
Finally, Citrix Systems, Inc. (NASDAQ:CTXS), ended its last trade with 1.10% gain, and closed at $70.89.
Citrix Systems, declared products and tools to assist Microsoft customers accelerate the adoption of Windows 10 and simplify migrations to the new operating system. As people start using personal or corporate Windows 10 laptops and tablets for work, they will need to access core Windows business applications. Citrix app and desktop virtualization software and migration tools enable partners and IT organizations to deliver immediate access to core business applications on new Windows 10 PCs and tablets, simplify the rollout of Windows 10 desktops and streamline the business app migration process. Operating system upgrades like Windows 10 serve as an ideal time to embrace app and desktop virtualization as a long-term strategy to improve the administration, security and performance of Windows apps and desktops.
Citrix Systems, Inc. provides virtualization, mobility administration, networking, and Software as a Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data.
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