Intelligent Transport Systems Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
TTI | F | Traffic Technologies Limited | 0.00 | |
SNS | C | Sensen Networks Ltd | -2.04 |
Related Industries: Railroads Software - Application
- Intelligent Transport Systems
An intelligent transportation system (ITS) is an advanced application which aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and 'smarter' use of transport networks.
Some of these technologies include calling for emergency services when an accident occurs, using cameras to enforce traffic laws or signs that mark speed limit changes depending on conditions.
Although ITS may refer to all modes of transport, the directive of the European Union 2010/40/EU, made on July 7, 2010, defined ITS as systems in which information and communication technologies are applied in the field of road transport, including infrastructure, vehicles and users, and in traffic management and mobility management, as well as for interfaces with other modes of transport. ITS may improve the efficiency and safety of transport in a number of situations, i.e. road transport, traffic management, mobility, etc. ITS technology is being adopted across the world to increase capacity of busy roads and reduce journey times.
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