{"id":5256,"date":"2017-01-18T20:38:22","date_gmt":"2017-01-18T18:38:22","guid":{"rendered":"http:\/\/www.investaura.co\/?page_id=5256"},"modified":"2024-07-01T10:42:04","modified_gmt":"2024-07-01T08:42:04","slug":"intelligent-transportation-systems-its","status":"publish","type":"page","link":"https:\/\/www.investaura.co\/wordpress\/solutions\/intelligent-transportation-systems-its\/","title":{"rendered":"Winning Intelligent Transportation Systems ‘mega deals’"},"content":{"rendered":"

The global Intelligent Transportation Systems (ITS) market is expected to grow at 12% per annum from $36bn in 2015 to $64bn in 2020. Financing transport infrastructure via\u00a0toll payment solutions is the major part of the market. We know what it takes to win.<\/p>\n

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The usage of ITS to reduce road accidents and increase safety is also a major driving force\u00a0of innovation<\/strong>.\u00a0There is currently a strong focus on deploying advanced traffic systems to reduce\u00a0the number of accidents, which can be facilitated when\u00a0ITS solutions are combined with connected car technologies.<\/p>\n

Still, toll collection<\/strong> remain key.\u00a0To be successful in ITS projects, often so called \u201cmega projects\u201d (multi-billion $), you must\u00a0first get acquainted with the local environment, the stakeholders, the potential partners, decision makers and influencers. Setting up the right partnership<\/strong> is essential to succeed in that phase.<\/p>\n

Then comes the bid phase<\/strong> and\u00a0an often lengthy and complicated bid process influenced by\u00a0local legislation. For a professional\u00a0bid management, technical due diligence, business planning and commercial proposal preparation, an experienced team of experts is needed to get the bidder selected as \u201cpreferred service provider\u201d.<\/p>\n

In our experience, the key success factors<\/strong> are:<\/p>\n