Data visualization showing the positive ROI and congestion reduction for urban infrastructure stakeholders.

Why Traffic Technology Delivers The Best Return on Investment

Apr 19, 2021 | Press
3 Min Read

Modern traffic technology remains the most effective way for infrastructure stakeholders to address increasing urban pressures. Specifically, investing in ITS allows agencies to reduce congestion and manage emissions while navigating unpredictable funding environments.

The challenges facing today’s roadways require a proactive and technical approach. Specifically, as highlighted in the March 2021 issue of Traffic Technology International, traffic management professionals are under immense pressure to deliver results. By implementing smart technology, Infrastructure Stakeholders can achieve measurable improvements in mobility and safety. These data-driven solutions provide the consistency needed when state and federal spending are uncertain. Consequently, prioritizing technology ensures that limited budgets are used as efficiently as possible.

Strategic Benefits for Infrastructure Stakeholders

For many Infrastructure Stakeholders, the goal is to find solutions that offer long-term value and reliability. Specifically, our ITS products are designed to ease traffic congestion and improve the overall quality of life. Because we focus on “Mobility for Humanity,” our innovations serve the needs of the entire community. Consequently, choosing a technical path leads to several significant benefits for a city:

Additionally, our commitment to cybersecurity and technological advancement protects your investment for years to come. By choosing to lead with technology, Infrastructure Stakeholders are securing a safer and more efficient future for all. Consequently, we continue to innovate to meet the predictable goals of the transportation industry. We invite you to read the full article to understand the technical depth of our ROI strategy. Together, we can transform the way people move through our cities.

 


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About Econolite – Part of Umovity

Econolite is the North American market leader in intelligent traffic management solutions with over 93 years of experience. Econolite has provided more than 160,000 traffic controllers deployed at over 60,000 intersections. Its leading traffic management software has been installed by more than 515 agencies across North America. Econolite prides itself on being the leading provider of traffic management solutions including cabinets, controllers, software, sensors, and professional services. With nearly 850 employees in North America, Econolite drives innovation in traffic management and safety solutions, including connected and automated vehicles research and development. In June 2022, Bridgepoint acquired a majority stake in Econolite, and together with PTV Group, a dynamic partnership was formed. Since 2023, Econolite and PTV Group are united under the brand Umovity.

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