Bespin Global US and Nology Sign AX Strategic Partnership to Collaborate on Future Mobility Tech Innovation
TECHWORLD ·
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Bespin Global US officially signed a strategic partnership with transportation technology company Nology.
The two companies will pursue an SRTA project aimed at future mobility technology innovation, and Nology has won a 10-year TISC contract.
Bespin Global US will support the modernization and expansion of Nology's core technology infrastructure with capabilities in multi-cloud, cloud migration, cloud-native development, FinOps, and security.
Bespin Global announced on the 3rd that it had officially signed a strategic partnership with transportation technology company Nology through its US subsidiary, Bespin Global US. The goal of the collaboration is to drive innovation in future mobility technology and break new ground.
Nology supplies AI-enabled electronic toll collection systems, vehicle automatic identification and classification solutions, data processing solutions, and digital payment solutions around the world. Its cumulative deployment scale reaches 130 million vehicle terminals.
Nology also handles the operation and management of 15,000 toll collection devices and 5,000 traffic flow lanes. The article also outlined the transportation technology solutions Nology is supplying, along with its cumulative deployment and management scale.
Bradley H. Feldman, Nology's chairman and CEO, explained that annual toll revenue in the US amounts to about USD 25 billion, but that about 20% of that is being lost. He emphasized that Nology's solutions help customers recover revenue.
The two companies will pursue an SRTA project based on the partnership. The collaboration stems from Nology winning a 10-year TISC (Toll Integration Service Contractor) contract from SRTA, worth about USD 120 million. The target is 4 toll collection facilities under SRTA, including I-75 and I-85.
Under the project, Nology will replace roadside equipment, install new transportation technology, set up its own back-office system, and continue providing operational support. Feldman, the CEO, said he expects improved license plate recognition accuracy from AI smart cameras, reduced manual work, and greater operational efficiency.
Bespin Global US will serve as Nology's strategic service partner. Based on expertise in managed services for multi-cloud environments, cloud migration, cloud-native development, FinOps, and security, Bespin Global US will support the modernization and expansion of Nology's core technology infrastructure.
The collaboration aims to build a long-term partnership framework that goes beyond simple technology delivery. The framework is designed to help meet the security, resilience, and operational efficiency requirements of transportation agencies around the world.
Within this framework, Sunny Kim, CEO of Bespin Global, described Nology as the ideal partner built on trust, a shared vision, and measurable results. The scope of support under the partnership includes integrated support for cloud, AI, managed services, and security, and Sunny Kim, CEO of Bespin Global, said the collaboration will support Nology's continued innovation and help deliver greater value to customers and communities.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=406449
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Source: TECHWORLD
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