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A case-based cost-benefit consideration for upgrading to an intelligent traffic environment

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conference contribution
posted on 2023-11-17, 11:35 authored by Onur Agca, Jan GodsellJan Godsell

Within the trend of transforming our daily lives into a smart form, traffic has become one of the development areas for innovators and hence researchers. While many technologies are devised or improved for Intelligent Transportation Systems (ITS), potential impacts of ITS have also raised the interest of researchers. In line with this trend, this study conducted case-based research to identify the potential benefits of ITS implementation in the UK traffic network and to analyse its applicability from a costeffectiveness perspective. In our analysis, we have utilised four use cases in two different road environments -urban and motorway- and analysed their efficiency in three traffic density levels. Our findings demonstrate some specific benefits like the improvement in the safety of urban roads even from the lowest level of technology penetration and also fixed and incurring costs. However, having an immature and continuously developing nature, the field requires more interest and work from researchers in many aspects to obtain further inference about potential benefits and preventable costs.

Funding

Warwick Manufacturing Group’s Supply Chain and Operations Research Group

History

School

  • Loughborough Business School

Published in

Competitive Advantage in the Digital Economy (CADE 2022)

Pages

29 - 37

Source

Competitive Advantage in the Digital Economy (CADE 2022)

Publisher

Institution of Engineering and Technology (IET)

Version

  • AM (Accepted Manuscript)

Rights holder

© Institution of Engineering and Technology

Publisher statement

This paper is a postprint of a paper submitted to and accepted for publication in IET Conference Proceedings and is subject to Institution of Engineering and Technology Copyright. The copy of record is available at the IET Digital Library.

Publication date

2022-11-11

Copyright date

2022

ISBN

9781839537424

eISSN

2732-4494

Book series

IET Conference Publications; 801

Language

  • en

Location

Hybrid Conference, Venice, Italy

Event dates

13th June 2022 - 15th June 2022

Depositor

Deposit date: 9 September 2023

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