Axilion

Founded in 2009 by Ilan Weizman and Oran Dror, Axilion Smart Mobility is a publicly-traded artificial intelligence software company headquartered in Israel. The company develops and implements SaaS systems that enable cities to manage their mobility networks. Axilion became a public company on the Tel-Aviv Stock Exchange in December 2020.

The company's core product is the X Way platform, which utilizes a digital twin of a city's traffic network and AI algorithms to optimize traffic light timing in real-time. This technology analyzes data from various sources, including cameras, to create "green waves" that improve traffic flow, reduce congestion, and cut down on vehicle emissions. The platform also includes a sandbox feature, allowing traffic engineers to test and refine signal timing plans in a virtual environment before field deployment. The system is designed to prioritize public transportation, such as light rail and buses, with case studies in Jerusalem and Haifa showing significant reductions in travel time and increases in ridership. For example, in Jerusalem, the system reduced travel times by 40% and increased light rail ridership by 400%.

Axilion operates on a B2B and B2G business model, targeting municipalities, transportation authorities, and companies involved in smart city initiatives. Revenue is generated through its SaaS offerings, often provided as an add-on solution through Microsoft Azure's existing agreements with government bodies. The company has established partnerships to expand its market reach, such as a collaboration with 360 Network Solutions to distribute its X Way software in Florida and Georgia. Axilion has offices in Israel, the US, UAE, and Europe and has deployed its solutions in over 15 cities.

Keywords: traffic management, smart mobility, artificial intelligence, SaaS, digital twin, traffic signal optimization, public transportation, smart cities, mobility tech, congestion reduction, carbon emissions reduction, V2X communication, intelligent transportation systems, urban mobility, traffic flow analysis, green waves, adaptive traffic control, real-time traffic data, IoT in transportation