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INNOVATION FOR FARE COLLECTION SOLUTION : BUSINESS ANALYTICS

Jean Constantini

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Abstract

The transit industry is managing a lot of data related to the transit itself (journey, financial data,) for the revenue collection system. Additionally, several types of operational data are managed by the staff, such as supervision and signalling. The usage for the advanced analytics solution in the transit industry can help to increase revenue, maximize transit flow in congested areas, understand customers behaviour, map or rank sales methods and devices, run simulations or experiment new tariff zones, etc

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What this paper is about

The transit industry is managing a lot of data related to the transit itself (journey, financial data,) for the revenue collection system. Additionally, several types of operational data are managed by the staff, such as supervision and signalling. The usage for the advanced analytics solution in the transit industry can help to increase revenue, maximize transit flow in congested areas, understand customers behaviour, map or rank sales methods and devices, run simulations or experiment new tariff zones, etc

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Available abstract

The transit industry is managing a lot of data related to the transit itself (journey, financial data,) for the revenue collection system. Additionally, several types of operational data are managed by the staff, such as supervision and signalling. The usage for the advanced analytics solution in the transit industry can help to increase revenue, maximize transit flow in congested areas, understand customers behaviour, map or rank sales methods and devices, run simulations or experiment new tariff zones, etc

Key concepts: Revenue, Transit (satellite), Analytics, Data collection, Tariff, Business, Revenue management, Data analysis

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