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Revealed Sep 27, 2024 • 3 minute learn
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KITCHENER, Ontario, Sept. 27, 2024 (GLOBE NEWSWIRE) — Miovision, a world chief in clever visitors options, has been named one in all Canada’s Prime Rising Corporations in The Globe and Mail’s 2024 Report on Enterprise with a 348% income development over the previous three years. This achievement highlights the corporate’s increasing footprint in transportation administration, pushed by important milestones in capital elevating, strategic acquisitions, and dedication to remodel transportation infrastructure worldwide.
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“We’re honoured to be acknowledged as one in all Canada’s Prime Rising Corporations,” mentioned Kurtis McBride, CEO of Miovision. “This accolade is a direct results of the laborious work and innovation of our workforce, and the belief our prospects have positioned in us. Our mission to supply actionable insights and progressive visitors options has pushed our development and solidified our business standing.”
New Alternatives for Progressive Corporations
Miovision helps businesses tackle the rising challenges related to city transportation, together with visitors congestion. The Texas A&M Transportation Institute estimates that congestion in america value $166 billion in 2019, together with direct prices—gas and time—and oblique prices akin to misplaced productiveness. Fixing these challenges in new methods is making a fast-growing market, and Miovision is the innovator on this area.
By leveraging superior information assortment and security analytics, Miovision enhances highway security, reduces congestion, and promotes sustainable city growth. From real-time information analytics to superior visitors sign administration, the corporate’s scalable options—Miovision One, Scout Plus, and Opticom—are revolutionizing how cities method real-world visitors issues. So far, the corporate has helped 68 nations make knowledgeable choices, benefiting the security of motorists and pedestrians, in addition to enhancing the effectivity and sustainability of vital intersections.
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Current Milestones
Over the past three years, Miovision has made main strides that propelled its development, together with:
- International Site visitors Applied sciences (GTT) Acquisition: GTT is behind Opticom which supplies inexperienced mild precedence to emergency responders and public transit autos. At the moment put in at over 90,000 intersections throughout North America, it helps cut back emergency response instances by as much as 25%.
- Site visitors Expertise Companies (TTS) Acquisition: This transfer expanded Miovision’s attain to 170,000 intersections globally, with agreements with 180 visitors businesses in place.
- Cloud Integration: Miovision’s transition to a cloud-based visitors administration system has enhanced its scalability and real-time platform capabilities.
- Intersection Security Problem: Miovision was shortlisted by the U.S. Division of Transportation for the Intersection Security Problem, recognizing its efforts to develop next-generation options that enhance highway security at intersections.
- Growth into V2X Expertise: Miovision made a foray into V2X (vehicle-to-everything) expertise, debuting on the Auto Present.
- ITSWC 2024: Miovision’s presence on the worldwide stage was not too long ago demonstrated by its attendance on the Clever Transportation Techniques World Congress 2024 (ITSWC) in Dubai.
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“We stay dedicated to driving innovation in visitors administration and serving to cities worldwide develop into safer and extra environment friendly. Our purpose is to empower policymakers with the info they want for knowledgeable choices and constructive neighborhood change,” added Lyne Jacques, Chief Income Officer.
About Miovision
Miovision allows cities to scale back visitors congestion and automobile emissions, whereas enhancing public security by scalable clever transportation options. Our everlasting and transportable programs have detected greater than 77 billion autos and three billion pedestrians and cyclists, offering correct, actionable visitors information and insights that assist make transportation safer and extra environment friendly for all. Miovision is headquartered in Kitchener, Canada, and has workplaces in Germany, Serbia, and america. Since its begin in 2005, Miovision has served over 5,000 prospects in 68 nations.
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