Madrid, Spain, Sept 6, 2022- Openvia, technology division of a global roadway operator Globalvia, and Valerann, a global leader in Intelligent Traffic Solutions, announce the immediate availability of a new advanced technology services platform for road traffic and asset management operations.
This new disruptive offering is a result of collaboration between the two companies and offers road operators support in addressing their short- and long-term operational challenges. Exploiting the synergy between the companies’ flagship products, it elevates road operators’ assets maintenance and operations management to new heights.
The integration of Lanternn by Valerann™ with Geomic by Openvia, significantly enriches and expands Geomic functional capabilities resulting in delivery of comprehensive overview of road operations. By taking operational data from Geomic and seamlessly incorporating all available roadway disparate data sources, the joint solution simplifies and accelerates the delivery of highly relevant insights to the operations managers. The use of advanced proprietary algorithms based on AI/ML and computer vision, results in best-in-class data fusion including precise events cross-validation and prioritization for immediate and future road operations improvements such as road traffic optimization, carbon emissions reduction, recovery services planning and accurate risk prediction. The highly relevant analytics and insights help improve road operations performance, increase accuracy in incidents detection, reduce incidence response time and increase road safety. As a result, road operators can improve their immediate operational KPIs and strategic planning through timely data-driven, informative and actional decisions.
The mobility industry is moving towards smarter and increasingly connected future where autonomous or man-operated vehicles become a part of intelligent all-connected road eco-system. Thus seamless integration of all elements of in a complex eco-system is crucial for smooth and safe roadway operations. This fruitful collaboration between the two companies has demonstrated the potential for innovation within the mobility sphere.
Valerann and Openvia have successfully completed deployments of this new platform on the AP-53 roadway in Galicia, Spain, exploring application of deep data analysis for road assets management. This pilot delivered key results, including improved situational awareness and increased responsiveness to road safety critical events. Seamlessly integrating with existing ITS systems, the joint solution extended road coverage from 55% to 100%, eliminating blind spots and providing a comprehensive overview of the entire road. This enabled an 89% increase in road events detection and 25% time reduction in critical event detection. Following the success of this deployment, Globalvia plans to expand this offer to other concessions in their portfolio.
Gabriel Jacobson, CEO and Co-Founder of Valerann: “This commercial partnership is an important step for the company in its continuous evolution, representing our innovative forward-thinking approach to the future of the ITS industry.”
Fernando Vallejo, Innovation and Systems Director of Globalvia and Managing Director of Openvia: ”We believe that Openvia & Valerann together are capable of transforming roads operations through detecting and validating traffic events in real-time and providing invaluable insights for actionable data-driven decisions leading to increased operations efficiency. This is a game changer for the ITS industry”.
About Openvia and Geomic
Openvia’s Geomic is a universal, all-in-one cloud-based Field Services & Asset Management tool and includes a comprehensive set of modules imperative for efficient management of the entire road operations, including corrective and preventive maintenance, scheduling, resource management and incident response.
Openvia is the innovation and technology platform of the Globalvia Group. Currently located in Spain, the United States and Portugal, it transforms transport infrastructure to the new era of mobility including smart roads, smart railways and digital solutions.
With a strong commitment to open innovation and sustainability, Openvia offers new mobility services always placing the citizen at the center with the aim of improving their quality of life. As a mobility operator, Openvia keeps track with the deep transformation in the way we live by strategically collaborating with the main technological players in the mobility sector.
About Valerann Ltd and Lanternn by Valerann™
Lanternn by Valerann™ is an innovative road data analytics solution that extract value from roadway operational data and provides road operators with exceptional clarity of real-time traffic situation through the use of AI-driven proprietary data fusion engine.
A global leader in intelligent road traffic management solutions (ITS), Valerann is redefining modern mobility and roadway operations through enabling actionable, accurate and timely data-driven decision-making. By using information from multiple disparate sources and leveraging sophisticated proprietary AI and computer vision algorithms, we extract value from Big Data delivering a clear and comprehensive vision of the entire road situation in real-time. We provide roadway operators with bespoke insights and empower them to deliver on their objectives. Established in 2016, Valerann has offices in the UK, Israel, Spain and the US and is working with customers worldwide.