Press Release Standard Graphic

Mobility Tech Update: PTV Group and Econolite to present new combined portfolio and the latest software developments to revolutionize traffic planning and management.

Oct 18, 2023 | Press
5 Min Read
  • Combined Mobility Tech Suite covers everything from transportation planning and prediction to on-site traffic management
  • Built-in calculations for ABM models in PTV Visum 2024
  • PTV Vissim & PTV Vistro with Econolite integration

Karlsruhe 18 October 2023. This fall, PTV Group and Econolite will unveil their latest developments together under the umbrella brand Umovity for the first time. The Mobility Tech Update features the Mobility Tech Suite, combining PTV & Econolite end-to-end technology serving as a true one-stop-shop for traffic planning and management. PTV will showcase new, ground-breaking features of its esteemed software solutions for transportation modeling, multimodal simulation, and real-time traffic management, together with Econolite’s highlights in traffic management and ITS maintenance. A detailed dive into the Mobility Tech Update will be offered via a LinkedIn Live session scheduled for October 24th.

Introducing the new combined Mobility Tech Suite

At this year’s tech update of the unified brand, Umovity is set to present the new combined portfolio: The Mobility Tech Suite integrates the market-leading software and hardware from PTV Group and Econolite including modeling and simulation, data and analytics, real-time traffic management, and prediction as well as on-site operations and optimization. Whether as stand-alone solutions or in combination, the products enable cities and organizations to make data-driven decisions and improve the efficiency, safety, and sustainability of transportation networks. Some of the newest product highlights within the suite contain:

Further development of PTV Visum: Easy data integration

One of the release highlights in Visum 2024 is its integrated Activity-Based Modeling (ABM) calculation, offering improved precision and stability compared to other ABM software. This latest version also boasts a 100x speed boost in public transport assignments. Additionally, the software now supports elevation data import for accurate modeling of active modes like bicycles. Users will also appreciate a new tool for simplified network data merging and better efficiency thanks to cloud-based data management.

PTV Vissim & Viswalk with increased simulation speed and Econolite integration

In the area of microscopic traffic simulation, Vissim and Viswalk have received significant increases in the overall simulation speed. Notably, pedestrian simulation routines in Viswalk have been extensively reworked, introducing an efficient activity stack for enhanced parallelization across multiple threads. Vissim 2024 brings exciting new features, including the ability to specify raster graphics and display lane markings in the 2D and 3D network editor. Users can also take advantage of innovations like multi-route editing and enhanced conflict area labeling. In addition, the industry-leading EOS Controller from Econolite can be now seamlessly integrated into PTV Vissim, empowering users to effortlessly replicate controller logic within traffic simulations.

PTV Vistro and Centracs Integration

As a further result of the Umovity union and the new combined portfolio, Vistro 2024 now seamlessly integrates with Centracs, Econolite’s advanced traffic management system, fostering a unified approach to traffic management and monitoring by bridging signal timing analysis with traffic impact studies. Other new features of Vistro include emissions and electric vehicle impact calculations, along with the integration of Leading Pedestrian Intervals (LPI) into Vissim.

Live presentation of the Tech Update on 24 October

Christian U. Haas, CEO of Econolite and PTV Group said: “Driven by customer needs, we aim to provide applications tailored to specific use cases while maintaining a portfolio of standard products for a consistent user experience. With our Mobility Tech Suite, we offer a holistic approach to orchestrating the mobility value chain, with software and hardware from strategic mobility planning, and traffic prediction, to on-site traffic operations. This fosters unique benefits through mutual data enrichment and synergies across our solutions. By combining PTV Group & Econolite technology, Umovity is the true one-stop-shop provider of end-to-end technology and services to optimize mobility for humanity”.

Join Christian U. Haas and Umovity experts for a live presentation of the entire PTV Mobility Tech Update during a LinkedIn Live Session on 24 October at 5 p.m. CEST. You can register here: LinkedIn Live-Event. All new release features and free tutorials can also be accessed on the Mobility Tech update website.

For further information please contact:

Internet:  www.ptvgroup.com

Stefanie Schmidt, Lead PR & Communication

Phone: +49-721-9651-7451, stefanie.schmidt@ptvgroup.com

PTV Planung Transport Verkehr GmbH

Haid-und-Neu-Str. 15, 76131 Karlsruhe

To download image material and texts please go to https://company.ptvgroup.com/en/resources/newsroom

PTV. Empowering Mobility as part of Umovity.

PTV Group is a leading global software company for traffic planning, simulation, and real-time management. With more than 40 years of experience in the fields of mobility, the Germany-based company provides software products based on proprietary algorithms ranging from microscopic and macroscopic modeling and simulation of traffic to real-time traffic management, benefiting more than 2,500 cities and municipalities. Bridgepoint acquired a majority stake in the company in January 2022 in order to further accelerate its growth together with shareholder Porsche Automobil Holding SE. Since 2023 PTV Group and Econolite are united under the brand Umovity.

About Econolite

Econolite’s ITS solutions ease traffic congestion, provide safer mobility, and improve quality of life. As the one-stop-shop leader for traffic management systems, sensor products, and services, Econolite is committed to the advancement of connected and autonomous vehicles, smart cities, and cybersecurity. For more information, visit us at www.econolite.com.

3 Min Read
Econolite Acquires RAI Products
Acquisition broadens Econolite’s portfolio of ITS solutions Anaheim, Calif., November 27, 2023— Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions, announced today the ac...
5 Min Read
Econolite and ZincFive Expand Partnership to Deliver More Sustainable Power Solutions to the Global ITS Market
Anaheim, CA, October 31, 2023— Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions, announced today that it has expanded its partnership with ZincFive (Portland, OR) to be t...