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Accenture’s transportation analysis shows that public transport providers must explore innovative business models, establish new collaborations and reinvent their roles dramatically.
For operators and authorities, optimizing costs may not always be enough to release the cash required to invest in key areas to maximize demand and mobility. Leading authorities and operators are working towards:
Diversifying business models. Expanding revenue sources can help limit fare increases and improve services. For example, Shanghai Metro has introduced virtual supermarkets at 70 stations on its nine metro lines. Large LED screens advertise various goods, which are scanned by shoppers and delivered within 48 hours.
Collaborating with third-party developers to create apps and other enhanced services for the public.
Shaping mobility. Authorities and operators are increasingly involved in city planning and mobility, which provides a more holistic view of the implications of transportation, rather than just providing transportation services. For example, in Singapore, the transportation authority oversees all forms of mobility—from buses to private cars.
Find out how public transportation providers can offer enhanced transportation solutions by:
Maximizing demand for services
Optimizing mobility capacity
Read the full report: Transportation Analysis: Establishing New Rules and Roles for Public Transportation
October 8, 2012