Project GENF - AI-Resistant Specialized Software for Transportation and Industry

The company develops business-critical software solutions for the integration, processing, and distribution of real-time data. The systems are integrated into customers’ existing IT infrastructure and are characterized by high availability, vendor independence, and project-specific scalability. The portfolio comprises two business divisions.

In the transportation sector, the core product is a real-time data platform. It consolidates data from systems by various vendors, validates and refines it, and makes it available to downstream information systems and third-party systems. Supplementary modules handle the output to passenger displays and automatically detect data errors before they become visible to passengers. The products are hardware-independent, support common industry interfaces, and are customized to meet customer requirements.

In the industrial sector, the company applies this expertise to machine and plant data. A proprietary platform based on an established industry standard collects data across manufacturers, standardizes it, and makes it available to higher-level systems via standardized interfaces. The solution can be deployed on-premises, in the cloud, or as a subscription model. This creates additional potential for scalable, recurring revenue alongside the project business. The first industrial projects have already been implemented.

The customer base consists of transportation companies and other stakeholders in the fields of passenger information and traffic management, as well as—currently under development—industrial customers in the area of data integration. Approximately six to eight active customers are served annually. Due to the mission-critical nature of the solutions and the multi-year maintenance contracts, these are consistently intensive, long-term business relationships. There is no significant customer turnover. Approximately 95% of revenue comes from public or publicly funded clients, who offer a correspondingly high level of payment reliability.

Local public transit is making long-term investments in real-time passenger information and connected systems. Demand is driven by public transit budgets, not by economic conditions. Federal funding for municipal transit has tripled since 2020 to 2 billion EUR annually. Contracts are awarded through a bidding process, and references are required. In the industry, there is a growing need to connect existing machines via a uniform standard used by approximately 90% of relevant machine manufacturers.

In the transportation sector, it competes with specialized providers of control and passenger information systems, large system integrators, and customer-specific solutions. In the industrial sector, there is overlap with providers of IIoT and data platforms. Unlike many competitors, it is vendor-neutral and consolidates data from different systems into a central platform. As a small specialist with in-house development capabilities, the company is also able to implement customer-specific requirements more quickly and flexibly than large providers. Its many years of industry experience and deep integration with existing customers further hinder market entry by new competitors.