Verizon plans to launch off-the-shelf telematics

‘Bringing connectivity to every vehicle’ was the vision Lowell McAdam (pictured), chairman and CEO of Verizon Communications put before delegates at the second plenary session. He said by 2017 there will be three times more networked devices than people in the world and such connectivity could radically alter transportation. “GE estimates that connected technologies have the potential to reduce the global transportation industry’s demand for fuel by 14%.”
September 10, 2014 Read time: 2 mins

‘Bringing connectivity to every vehicle’ was the vision Lowell McAdam (pictured), chairman and CEO of 1984 Verizon Communications put before delegates at the second plenary session.

He said by 2017 there will be three times more networked devices than people in the world and such connectivity could radically alter transportation. “GE estimates that connected technologies have the potential to reduce the global transportation industry’s demand for fuel by 14%.”

However, he said today Americans waste $120bn a year sitting in traffic, 30% of a city’s congestion is caused by people looking to park and only 7% of America’s 250 million vehicles are connected to communications networks.
 
McAdam told delegates: “At Verizon, we think the technology exists… to connect the vast majority of these vehicles to a wide range of intelligent services. We are committed to delivering an off-the-shelf solution that will bring the benefits of telematics to everyone next year.”  While acknowledging the work already undertaken he said: “we need to move beyond individual projects to think in a holistic way about integrating all these smart systems – connected cars, roads, buildings, power grids and communications – into a comprehensive intelligent ecosystem.” 

In pointing out President Obama’s comments that the US is the world’s largest economy but ranks 28th in terms of infrastructure investment, he issued a rallying call. “We have some decisions to make about how to invest in our future… and we’ve learned that investing in last century’s infrastructure may be cheaper in the short run but it’s way more costly in the long run.
“We need to fight for spectrum policies and tax laws that promote capital investment in the communications technologies on which intelligent transportation systems depend,” he concluded.

www.verizon.com

For more information on companies in this article

Related Content

  • Janschitz’s X-Cone makes cone deployment quicker
    March 24, 2014
    A new generation traffic cone management system is being shown at Intertraffic on the Janschitz Traffic Services stand. The fully-automatic X-Cone allows a single worker to set out and collect cones (even if the cone is out of position or laying down) and is unaffected by weather or temperature.
    Read More
  • Underground DART plan back on track
    May 7, 2014
    Irish Rail is set to proceed with the US$2.8 billion underground second DART rail line through the heart of Dublin city centre, following a recent High Court decision which gave the green light for the project. The line, which would run from Docklands to Inchicore, would complete the trebling of the Greater Dublin area's rail service capacity from 33 million passenger journeys annually now to 100 million passenger journeys upon completion.
    Read More
  • Connected vehicle trials get big backing from USDOT
    March 14, 2016
    Connected vehicle technology will emerge as a sustainable reality at three sites in the US over the next four years. Jon Masters reports. Advocates of connected vehicle (CV) technology have received a welcome boost from news that the US government has committed a further $4 billion towards automated vehicle research and CV technology. This comes hot on the heels of the US Department of Transportation’s $42 million CV pilot pledge in October last year.
    Read More
  • Transportation infrastructure technology continues its advance
    July 17, 2012
    It is now 20 years since publication of the Strategic Plan for Intelligent Vehicle Highway Systems. A select group of luminary figures of the ITS industry give their assessment of progress to date This year the IVHS Strategic Plan turns 20, signaling the graduation of the field of Intelligent Transportation Systems from its tumultuous teens to young adulthood. After two decades tethered by the cords of youth and protected by the strict control of adult institutions, ITS has reached a turning point. Its y
    Read More

Highlighted Content