It seems every day we are introduced to a new technological marvel. From the multitudes of mobile applications arriving daily on the market place, to vehicle-to-infrastructure communication technology that will change transportation in inner-cities, technology is evolving at such a fast pace that, while exciting, it has become difficult to keep up. Individuals and industries alike are struggling to understand how the “latest and the greatest” technologies will simplify our lives and how to implement those technologies cost effectively to improve the user experience.
The tolling industry is certainly no different and arguably has the most to gain – or lose – from some of these advancements. While the macro-effect on the tolling industry from some of the newer technologies (e.g. connected and autonomous vehicles) will not be fully understood for quite some time, there are other advancements currently being implemented that will have a more immediate effect.