|Intelligent Transportation Systems Enable Growth and Innovation in Mobility Infrastructures|
|Future cities are tackling transportation-related problems using an integrated platform that can centrally manage mobility, safety and the environment|
The world population is currently hovering at around 7.5 billion and is increasing at a rate of 1.11%. This equates to an addition of 80 million people per year. Frost & Sullivan estimates that by 2020, about 4.5 billion people will live in an urban environment.
The demand on the mobility infrastructure is immense, as people are commuting further every day to work. Although distance remains the same, commuting time has increased significantly due to congestion.
Mobility is transforming due to on-demand, platform-based systems driven by millennials straying away from traditional ownership models.
Future cities are focusing on tackling transportation-related problems using an integrated platform that can centrally manage mobility, safety and the environment.