Untitled - Universidade de Lisboa

Integrated Intelligent Systems and value creation: results from the
public transport
Carmen de Pablos 1 , Luis B. Pérez Bermejo 2 , Jose Luis Montes Botella 3
1
Rey Juan Carlos University,
Madrid, Spain
carmen.depablos@urjc.es
2
Radiotrans,
Madrid, Spain
lpb@radiotrans.com
3
Rey Juan Carlos University,
Madrid, Spain
joseluis.montes@urjc.es
Abstract. Public transport contributes to the welfare of the citizens and improves the social
development of the countries. The contribution of Public Transport to the GNP is estimated to be
around 1% in Europe. Worldwide, local authorities dedicate between 15 to a 20 per cent of their
yearly budget to urban transport. Intelligent Transport Aid Systems (ITA Systems) are integral real
time control systems for monitoring transportations networks. The main objective of this research
consists of examining the relationship between the investments in Integrated Intelligent Transport
Aid Systems (ITA Systems) and Value Creation in Urban Bus Companies. Results show that the
investment in Intelligent Transport Aid Systems created value and generates a better performance
in firms operating urban transport along time.
Keywords: Intelligent Transport Aid Systems, value creation, public transport industry,
efficiencies.
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