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Fare Management for High Performance— a strategic approach to ...

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For the first time in human his<strong>to</strong>ry<br />

more than half the world’s people<br />

live in cities. As the conduit <strong>to</strong> services<br />

and employment <strong>for</strong> the vast mass<br />

of these populations, urban transport<br />

systems are critical <strong>to</strong> economic<br />

growth and social inclusion. Yet<br />

maintaining mobility in rapidly<br />

growing and steadily decentralizing<br />

urban environments is becoming more<br />

and more difficult—especially as<br />

governments come under mounting<br />

pressure <strong>to</strong> reduce vehicle emissions.<br />

These challenges assume still greater<br />

urgency in uncertain economic times.<br />

A global downturn can change travel<br />

patterns, of course, and constrained<br />

credit conditions could temporarily<br />

delay investments. But while the<br />

impetus <strong>to</strong> sustainability may also<br />

temporarily weaken, investments in<br />

land transport are by definition longterm.<br />

And the drivers of long-term<br />

change—technological, environmental<br />

and cus<strong>to</strong>mer—are just <strong>to</strong>o strong.<br />

Moreover, as in the private sec<strong>to</strong>r,<br />

economic adversity provides a strong<br />

incentive <strong>for</strong> transport authorities and<br />

opera<strong>to</strong>rs <strong>to</strong> boost competitiveness<br />

and achieve high per<strong>for</strong>mance through<br />

improved cost management and better<br />

cus<strong>to</strong>mer service.<br />

The providers of land transport cannot<br />

hope <strong>to</strong> meet long-term objectives by<br />

just doing “more of the same”. Passengers<br />

simply won’t stand <strong>for</strong> it. Now used <strong>to</strong><br />

swifter, more personalized service in so<br />

many aspects of their daily lives, they are<br />

demanding the same sort of premium<br />

treatment from transport providers. New<br />

levels of convenience and connectivity<br />

<strong>to</strong> help them make the best use of their<br />

time are at the <strong>to</strong>p of travelers’ agendas.<br />

But although transport opera<strong>to</strong>rs<br />

probably <strong>to</strong>uch more people on a daily<br />

basis than any other urban entity, few<br />

really know their cus<strong>to</strong>mers or how <strong>to</strong><br />

connect with them—not least because<br />

most fare collection systems are still<br />

anonymous and cash-based.<br />

Electronic fare collection, by contrast,<br />

facilitates mutually beneficial<br />

connectivity. Equipped with “smart”<br />

(electronic) media, passengers and<br />

drivers enjoy swifter, simpler, safer<br />

travel. While au<strong>to</strong>mated account<br />

management provides opera<strong>to</strong>rs with<br />

the detailed, granular view of traveler<br />

activity, trends and mobility behavior<br />

that can enable service improvements,<br />

increase cus<strong>to</strong>mer satisfaction, drive<br />

revenues—and build high per<strong>for</strong>mance<br />

in <strong>to</strong>day’s turbulent markets.<br />

That’s not all.<br />

Au<strong>to</strong>mated, integrated and interoperable<br />

fare collection—the Accenture <strong>Fare</strong><br />

<strong>Management</strong> Solution—promises <strong>to</strong><br />

revolutionize both public transport and<br />

private road use <strong>for</strong> travelers, opera<strong>to</strong>rs<br />

and transport authorities.<br />

A truly interoperable electronic payment<br />

capability—both multi-modal and multi-<br />

opera<strong>to</strong>r—can provide an extended<br />

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