Strategic organisational changes at Q-Free

Q-Free has carried out a revision of the company strategy and will make organisational changes in order to strengthen its market position. CEO Thomas Falck, who was appointed CEO on 6 January 2014, on an initial six-month contract, will remain at the helm through 2014 in order to oversee a successful implementation of the changes. Going forward, Q-Free will operate three business areas: road user charging (RUC); advanced transportation management systems (ATMS); and the new business area managed services
May 22, 2014 Read time: 2 mins
108 Q-Free has carried out a revision of the company strategy and will make organisational changes in order to strengthen its market position. CEO Thomas Falck, who was appointed CEO on 6 January 2014, on an initial six-month contract, will remain at the helm through 2014 in order to oversee a successful implementation of the changes.

Going forward, Q-Free will operate three business areas: road user charging (RUC); advanced transportation management systems (ATMS); and the new business area managed services (MS). The latter will focus on commercialising new recurring revenue concepts to strengthen the revenue base and profitability, and increase the financial predictability.

At the same time, the company has changed its geographical split to the Nordics, North America, Europe and Latin America, and Asia, Middle East and Africa, each operating under dedicated regional management.

Q-Free will continue its R&D efforts to stay at the forefront of market developments with a broader portfolio. The company will also continue building its ATMS business area, both organically and through acquisitions.

Q-Free feels these changes, which take effect from 1 June 2014, will enable it to provide a broader portfolio of products and value added services to its customers, and at the same time strengthen Q-Free’s position as an industry leader.

“Since taking over the role as CEO in Q-Free, I have spent much time with both employees and customers. This has given me insights into an organisation with great potential. The strategic and organisational changes will enable us to realise more of this potential,” says CEO Thomas Falck.  “I would like to thank all our employees for their dedication and support to the process leading up to these changes. I am looking forward to continue working as a team to further strengthen Q-Free’s position as a truly global player in the intelligent transport systems market.”

“Q-Free has undergone an important and thorough revision of the company strategy over the last months, and it is important to make sure that the new strategy is successfully implemented. Thomas Falck has proven to be a valuable asset for Q-Free, first as a board member and now as CEO. We are therefore glad that Falck has accepted to extend his employment contract,” says Terje Christoffersen, Q-Free chairman.
Charging, Tolling & RUC Detection, Monitoring & Machine Vision Urban Traffic Control

For more information on companies in this article

Related Content

  • Federal Signal supplies all the elements of end to end tolling
    January 31, 2012
    Manfred Rietsch, group president of Federal Signal Technologies (FST), talks about the recent acquisitions forming FST and the organisation's plans for the future. "Our philosophy is going to be about open access" Federal Signal has been on a buying spree. An energetic policy of acquisition over the past few months has seen the company reposition itself as an end-to-end provider of Electronic Toll Collection (ETC) systems with what it states is a portfolio of proven, best-in-class technologies which will al
    Read More
  • WiLAN to acquire International Road Dynamics
    April 20, 2017
    Canadian patent licensing company WiLAN is to acquire intelligent transportation systems (ITS) supplier International Road Dynamics for an equity value of approximately US $47.4 million (CA$63.5 million). The acquisition is part of WiLAN’s growth strategy which will see it operate under the Quarterhill name from around the beginning of June 2017.
    Read More
  • Improving the positional accuracy of GNSS road user charging
    July 23, 2012
    The European GINA project is intended to address and overcome many of the institutional, technical and public acceptance hurdles currently faced by satellite-based road user charging schemes. Dave Tindall and Denis Naberezhnykh, TRL, and Laure Dezes, ERF, write. Pay-as-you-drive Road User Charging (RUC), whereby demand (or congestion) is managed by applying appropriate tariffs in order to encourage drivers to make their journeys at less busy times, on less congested routes or even on different modes, could
    Read More
  • Virginia DOT extends Q-Free ATMS contract
    September 29, 2015
    Q-Free Open Roads has been awarded a US$1.8 million one-year extension to its contract with the Virginia Department of Transportation for the supply of transportation operations technology support services and maintenance of the Open TMS advanced transport management systems (ATMS) system. “We are pleased to receive this extension order for technology service, support and maintenance of the Q-Free Open Roads ATMS in Virginia. This continues our strong relationship with the Virginia Department of Transpor
    Read More

Highlighted Content