- The specialist said vertical SaaS for the public transportation sector operates within a “multi-billion transportation operation”.
- They told us the sector is segmented across global cloud-based core platforms such as Optibus, Giro and Trapeze, regional platforms such as Omnibus, IVU and Goal Systems, and point solutions vendors offering best-of-breed planning, scheduling, operations and more.
“[It] is a huge industry that is still very traditional in the way that they are operating. I think there’s a huge opportunity for software companies to really transition and to help to do this digital transformation.”
- We heard public agencies vs privatised transportation organisations are in different stages in IT modernisation and adopting cloud technologies. Europe leads the US in transportation privatisation, according to the specialist.
- Meanwhile, the specialist said privatised transportation managers are farther up on the adoption curve for cloud-based public transportation scheduling, planning and more. Such managers are far likelier to adopt a platform vendor and add value on contracts, the specialist added.
- The specialist estimates currently 70-80% of operations are still being directly operated by agencies, with 20-30% run by third-party operators in North America.
For more human insights on transportation management software, click on the transcript below.
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