Traffic Technology Services expands to Europe

US-based Traffic Technology Services (TTS) is expanding into Europe, with the creation of a subsidiary, TTS Europe, to expand the company in connected vehicle application data content. The new company will be based in Munich, headed by Dr Frank Offermann as CEO and will officially open in 2016. TTS is the developer of the Personal Signal Assistant product portfolio, used by OEMs and Tier 1s in various connected vehicle applications from engine management to recommended speeds for eco-driving. TTS is now
November 19, 2015 Read time: 2 mins
RSSUS-based Traffic Technology Services (TTS) is expanding into Europe, with the creation of a subsidiary, TTS Europe, to expand the company in connected vehicle application data content. The new company will be based in Munich, headed by Dr Frank Offermann as CEO and will officially open in 2016.

TTS is the developer of the Personal Signal Assistant product portfolio, used by OEMs and Tier 1s in various connected vehicle applications from engine management to recommended speeds for eco-driving. TTS is now deploying the Personal Signal Assistant service worldwide in select metro areas, expanding on the deployment started in North America.

"The market for TTS data products is maturing faster than anticipated, and TTS is preparing for the future," said Thomas Bauer, TTS chief executive officer. "The addition of TTS Europe will allow us to implement our technologies in Europe, which we have already proven as a global, scalable solution."

Dr Offermann adds, "Our customers have asked us to expand our data products and services to Europe, to address the unique transportation problems, especially on motorways."
Location Based Systems

Related Content

  • Q&A: Oberthur Technologies
    November 19, 2013
    Didier Lamouche, Chief Executive Officer of Oberthur Technologies (OT), tells CARTES Daily News how his company is helping customers – and what he is looking forward to seeing at CARTES this week
    Read More
  • Fleet management systems likely to become standard fitting in the Americas
    July 6, 2012
    According to a new research report, Fleet management in the Americas, from Berg Insight, the number of fleet management systems deployed in commercial vehicle fleets in North America was 2.8 million in Q4-2011. Growing at a compound annual growth rate (CAGR) of 15.9 per cent, this number is expected to reach 5.9 million by 2016. In Latin America, the number of installed fleet management systems is expected to increase from 1.3 million in Q4-2011, growing at a CAGR of 16.6 per cent to reach 2.8 million in 20
    Read More
  • CES 2020: ITS does Vegas
    March 3, 2020
    Keen to find out what the future holds, 170,000 people gathered in Las Vegas for CES 2020 to see 20,000 product debuts and 4,400 exhibitors... and ITS International was there too (All images: CES®)
    Read More
  • Commercial telematics shipments to exceed 6.4 million by 2016
    May 18, 2012
    A new report from ABI Research predicts that global shipments of commercial telematics equipment will increase from 1.94 million in 2011 to 6.43 million in 2016. While North America is still the leading market, Asia-Pacific is set for strong growth driven by economic expansion, a booming automotive industry, and urgent requirements to use increasingly scarce resources more efficiently.
    Read More

Highlighted Content