Cyclomedia has acquired Smart Factor to enhance its asset inventory services and expand in the Polish market, aligning with its international growth strategy.

Target Information

Cyclomedia, a global leader in high-precision 360° street-level visual data enhanced by AI-powered analytics, has announced the acquisition of Smart Factor, a prominent provider of road and tax asset inventory services in Poland. This acquisition is strategically aligned with Cyclomedia's mission to broaden its reach and product portfolio in rapidly growing markets.

With this acquisition, all customers and partners involved stand to gain significantly. Clients of Smart Factor will gain access to advanced Cyclomedia technology, which will enhance the accuracy and efficiency of asset inventories. Simultaneously, Cyclomedia’s existing clients will see an expansion in data capture capabilities in Poland, resulting in more comprehensive data insights. The combined expertise of both companies is poised to foster innovative solutions in road and tax asset inventory projects, thereby greatly enhancing global service offerings.

Industry Overview in Poland

Poland is witnessing a swift advancement in digital transformation across various sectors, particularly in public administration and urban management. The increasing need for efficient infrastructure management and asse