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Press release - ITS Market Watch: Valuable insights from 4 case studies across Europe

Press release - ITS Market Watch: Valuable insights from 4 case studies across Europe

See also:http://newbits-project.eu/

 

 Second Newsletter Newsbit

New Business models for ITS

 Second Newsletter Newsbit

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 Press release NEWBITS - Through an improved understanding of ITS services towards innovative business models

June 2017

The European Commission sees an important role for Intelligent Transport Systems – short ITS - in order to enhance greening transport and improve transport efficiency, safety, and security.1 However, there is a lack of robust and innovative business models for ITS services, such as in-vehicle safety and traffic monitoring systems. To support the development of innovative business models and effective policy incentives, a better understanding of the factors affecting the deployment of ITS services is required. The Horizon 2020 project NEWBITS (‘NEW Business models for ITS’) aims to contribute to this improved understanding by assessing the barriers and enablers for the deployment of such services. Furthermore, it explores the impact of external factors and trends on the future relevance of barriers and enablers. A deeper understanding of the described factors has been achieved by the recently published project deliverable ‘D 2.2: Assessment of main barriers and key performance indicators (KPIs) for the implementation of ITS services’.

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