ITS Equant is a consortium of leading technology companies and regulators seeking to harness the benefits of space-based systems to accelerate the mobility revolution
Making Roads Smart
Valerann is a startup in the Intelligent Transportation Systems (ITS) industry. We automate and optimise traffic management, enabling roads to be safer, smarter, and more efficient.
We integrate data from every source in the road and supplement it with our proprietary IoT sensors. Our machine learning algorithms process these massive datasets to understand the precise behaviour of every vehicle on the road.
Founded in 2016, Valerann has deployed its system on the largest roads in Israel, Spain, the United Kingdom, and the United States.
Roads use active traffic management technologies to detect incidents, respond to risks, prevent accidents, pinpoint traffic bottlenecks, reduce congestion and keep traffic flowing. The benefits are substantial: decreasing accidents by 35%, injuries and fatalities by 31% and congestion by 20%.
Unfortunately, these technologies rely on expensive supportive infrastructure such as electrical and communication cables, making them prohibitively expensive at >£1M/KM. As a result, less than 4% of roads enjoy these benefits. Valerann has developed a wireless, solar-powered, multi-sensory solution to bring the benefits of traffic management to all roads, at just 20% of the cost of current solutions.
By leveraging satellite communications and geo-positioning, the ITS Equant consortium aims to make Valerann’s technology more scalable and capable in roads where there is limited cellular connectivity. In doing so, the consortium will make the benefits of active traffic management available to all roads.
Valerann’s users are organisations called road operators. These are often private organisations that are hired by local governments to maintain roads, monitor traffic, and respond to incidents. Their main objectives are to maximise traffic efficiency and safety.
The biggest challenge these operators face is getting reliable information about traffic in their network, so they can make decisions about where and how to respond to incidents when they occur. Specifically, they must:
Detect and verify incidents when they occur, and understand their precise location, time, severity, and context
Identify and mitigate major risks to traffic safety
Determine the location of traffic bottlenecks as they occur, before they turn into congestion
Stay within a budget so that their entire network can benefit from these capabilities, rather than just a select few roads