Value of Transit Data: Assessment Of Impacts of Real-Time Information Provision to Passengers

Undertaken By: World Resources Institute,    Recent Publication: 2019

This report aims to measure the monetary value of the benefits resulting from the use of Intelligent Transport Systems (ITS) data to share real-time information and the value-addition of the open data in sharing information. The report also includes a qualitative assessment of the impact of open data on transport sector start-ups who are one of the main beneficiaries of open data. Located in Bengaluru, which has one of the most advanced ITS for a bus system, and has emerged as a start-up and innovation hub in the country, this study calculates the benefits that can be achieved by three stakeholders – transit agency itself, the passengers and transport sector start-ups.