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Intelligent Transportation Systems Enable Growth and Innovation in Mobility InfrastructuresLONDON, Dec. 15, 2017 /CNW/ -- With increasing pressure on cities' mobility infrastructures due to rising urbanisation, city governments all over the world are constructing new roads, bridges and tunnels, and using intelligent transportation systems (ITS), to mitigate transportation-related challenges and requirements. However, ITS implementation is costly as different technologies, platforms, and systems need to integrate into a single platform. Cybersecurity, data analysis, and connectivity will be critical to ITS success. Frost & Sullivan and ISBAK, a leading smart city solution provider, have recently released A Guide to Intelligent Transportation Systems & Best Practices. The white paper provides an in-depth analysis of transportation policies, implementation methods, best practices, and challenges for key cities, including New York, Singapore, London, and Istanbul. ITS is classified into different categories, including traffic management, public transportation, traveler information, pricing systems, commercial vehicle operations, emergency management, maintenance, and construction management. "The use of ITS will improve the quality of transportation in cities, contributing to the economic progress, and aid the establishment of smart cities," said Frost & Sullivan Mobility Consultant Hikmet Çakmak. "Commuters, city management councils, citizens, and the environment stand to benefit from ITS implementation through better traffic flow, improved safety, lower transportation costs, increased business activity, and improved travel information." Singapore, London, New York, and Istanbul employ a variety of innovative mobility solutions to utilize existing roadways and reduce congestion and emissions efficiently. These include:
Since ATAK's installation in 2013, there has been a 20% reduction in travel times, 30% decrease in delays, and an increase of 35% in average speeds. In the near term, ATAK is expected to provide:
"ITS providers should seek out opportunities in emerging cities as well as mature cities looking toward fulfilling their smart city vision," noted Çakmak. "There are abundant revenue opportunities in all ITS application areas." A Guide to Intelligent Transportation Systems & Best Practices is part of Frost & Sullivan's Future of Mobility Growth Partnership Service program. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion A Guide to Intelligent Transportation Systems & Best Practices Contact: Twitter: @FS_Automotive
View original content:http://www.prnewswire.com/news-releases/intelligent-transportation-systems-enable-growth-and-innovation-in-mobility-infrastructures-300571645.html SOURCE Frost & Sullivan |