Intelligent Traffic and Smart Cities

 

Good Sign for Traffic and Smart Cities

WHY

Traffic and transportation have always advanced new innovations ever since Henry Ford utilized mass production and made passenger car a commodity. Yet, change is faster than ever.

New technologies and service conceptions enable new kind of vehicles and transport modes. Buzzwords are not just talk. We are seeing fundamental changes in many areas with for example electric cars, self-driving cars, drones, Hyperloop, IoT, AI, Service transformation, Über, MaaS.

Environmental values and paradigm changes in ownership models force vehicle manufactures and retail to re-evaluate business models. Rapid urbanization challenges the current structures while public transport is considered a backbone of the urban area traffic system. At the same time customers are expecting personalized services where prevailing public transport systems, based primarily on fixed routes, cannot fulfill.

Emerging flow of electric vehicles is promising cleaner environment. However the space needed for parking is an increasing challenge in tight cities, as are the traffic jams.  From customer’s point of view transportation should be  easy, quick and sustainable. Especially millenials and generation X do not value owning a car very high.

The future is convergent: Customer may pick the best means for each trip. Easy is the keyword. Transport shall aim to save customer’s time in a sustainable way. This means smart mass-tailored services and great changes in business models.

The growing amount of smart buildings, smart appliances and smart services allows for building entirely new service ecosystems from door to door.

Now sales can dedicate their time to serving new customers without getting stuck with the disorganized paperwork and followup. Now we can also build a truly digital ecosystem connecting customers with our services, vehicle supplier, workshops and all other partners.”

Mr. Petri Järvi
Founder
Järvileasing

WHAT 

Rapid change calls for companies to improve ability to create change, react to changes and adjust or even completely change business models.

This means that a faster business planning cycle is needed as well as ability to pilot, test, productize and monetize new services. Time to market is one key element and in the era of mobile user experience this requires digital tools and digital capabilities.

Change creates new business opportunities. New business models, transport operators, mediators will be created as well as entirely new ecosystems for mobility.

For example:

  • ”Mobility as a Service” (MaaS) offers suitable mode of transport across many transport operators’ offerings
  • Car leasing is not just a fixed contract but lease may vary month-on-month depending on car usage and usage of many add on services
  • Public and private transport needs as well as moving goods, people and services may be combined

 

THE PROMISE

Good Sign’s Digital Service Growth Platform offers tools:

  • for new business models, new service models, new pricing models
  • for serving end user with speed and transparency,
  • for automating end-to-end service fullfillment with ecosystem partners.
  • for intelligent billing data collection, billing and transparency of financial transactions

What Good Sign Solution Offers

For Municipalities and Public Sector 

Public sector has reponsibilities and interest for arranging transportation as part of a public service chain or generally for the citizens especially in the areas where commercial operators are not active. Even in the case of functional public transport system there is a need to increase efficiency with digitalization.

Good Sign offers:

  • Dynamic data structures to create tailored services for specific needs
  • Add-on and partner service management
  • Automatic, rule-based pricing, clearing and costing
  • Invoice and costs splitting between parties.
  • Ecosystem building tools to create end-to-end service chains.
  • Orchestrated integrations and API for connectivity to various sources like transport system data
  • Collection of usage data from multiple systems for new service offering and pricing models ad charging 
  • Tools to manage multiple transport modes in one system
  • Partner portal to help ecosystem creation

For Vehicle Sales, Leasing and Car Sharing

Good Sign has full support for all new models for car ownership: from subscription-based maintenance agreements to leasing to car sharing.

For Transport and Mobility Operators

Good Sign offers tools for mobility operator’s back office functions from customer account management to service ecosystem building to usage-based billing. 

Good Sign offers:

  • User account and subscription management
  • Tools for transparent customer communication through role-based user interface
  • Centralized vehicle data
  • Customer contracts management
  • Service management
  • Add-on and partner service management
  • Rule-based dynamic pricing, costing and billing
  • Intelligent automated charging and billing
  • Orchestrated integrations and API for connectivity to various sources like DMS/ workshop systems or vehicle location information
  • Usage data collection for new service offering and pricing models
  • Partner portal to help ecosystem creation

Good Sign offers:

  • User account and subscription management
  • Tools for transparent customer communication through role-based user interface
  • Vehicle and transport categories, capacities and location data
  • Customer contracts management
  • Service management
  • Add-on and partner service management
  • Rule-based dynamic pricing, costing and billing
  • Intelligent automated charging and billing
  • Orchestrated integrations and API for connectivity to various sources like transport system data
  • Usage data collection for new service offering and pricing models
  • Partner portal to help ecosystem creation
  • Clearing and commission calculations
  • Fraud management
  • Payment channels
  • Combined pre- and post- payment for the same trip

 

 

“There is a huge amount of traveling done in the Waltti area yearly, and the monies from this have to be then distributed between many different stakeholders. Therefore, the clearing service must be, for everyone concerned, up-to-date, equal and cost-efficient. The clearing service, implemented together by Enfo and Good Sign, have brought the billing and payments up-to-date and to a level that serves all the stakeholders in the best way,”

Jari Paasikivi, CEO, LMJ

 

 

 

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