SAN DIEGO, Feb. 16, 2018 /PRNewswire/ -- Cubic
Corporation (NYSE: CUB) today announced its Cubic Transportation
Systems (CTS) business division will lead the discussion on the
financial engine needed to drive Mobility as a Service (MaaS) at
the MaaS Market: Concept to Delivery conference. The event,
organized by the publisher ITS International, will be held at the
Immarsat Conference Centre in London on February 20 -
21, and will focus on the latest developments in MaaS from
theory to practical delivery.
"The need for a financial engine linking payments and accounts
will be critical to building a true multi-modal environment as we
evolve toward MaaS," said Andy
Taylor, strategy director for CTS. "We will discuss the
implications for such an engine, the need for account-based
solutions, the issues and practicalities of setting up and managing
such a platform, and very importantly, who owns and operates the
engine."
At its core, MaaS is about planning a complete journey using one
or any combination of travel modes while purchasing all mobility
services from a single account. Cubic's One Account provides the
platform that enables this payment capability to happen.
Public transport utilization is increasing in urban areas
because of growing populations, a trend that requires new
transportation models to deliver efficient solutions for both the
user and operator. MaaS also has the ability to help drive social
equity and cost savings to cities and deliver benefits to the
traveler.
Taylor will present the following topic within Session 2:
Technology and Common Standards: Mobility and Planning:
- Building a MaaS financial engine
Tuesday, February 20, 1:50
p.m.
To join the social conversation, follow Cubic Transportation
Systems @CubicTS or use @ITS_Int_News.
About Cubic Corporation
Cubic is a market-leading, technology provider of integrated
solutions that increase situational understanding for
transportation, defense C4ISR and training customers worldwide to
decrease urban congestion and improve the militaries' effectiveness
and operational readiness. Cubic Transportation Systems is a
leading integrator of payment and information technology and
services to create intelligent travel solutions for transportation
authorities and operators. Cubic Mission Solutions provides
networked Command, Control, Communications,
Computers, Intelligence, Surveillance and Reconnaissance
(C4ISR) capabilities for defense, intelligence, security and
commercial missions. Cubic Global Defense is a leading provider of
live, virtual, constructive and game-based training solutions,
special operations and intelligence for the U.S. and allied forces.
For more information about Cubic, please visit the company's
website at www.cubic.com or on Twitter
@CubicCorp.
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SOURCE Cubic Corporation