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The emphasis on "intelligent"

As companies in a multitude of industries seek to solve problems of the present and future with new solutions, there is always an emphasis on “intelligent” options: creating technologically advanced versions of established infrastructure. From smartphones to smart refrigerators, these products join the Internet of Things and provide invaluable data and insight that allows us to streamline and improve our daily lives.But, in all of the discussion of smart technology, we must also focus on making our own decision-making as intelligent as possible.

For as much as we can rely on smart device information to inform our choices, there are also several paths that we can take to maximize the impact of our enhanced infrastructure. Intelligent transportation systems (ITS) should not only refer to the technology involved, but also the vision and choices of industry leaders.

Here are three collective decisions that will allow us all to draw more from our technological advances.

  1. Maximizing Previous Investments | While it can be inspiring to create a new, revolutionary transportation system, we can arguably find as much value in bringing new operational capabilities to established systems. The first version of any new infrastructure is never completely flawless, and leveraging the lessons learned from these unintended consequences allows us to develop solutions that amplify the efficiency of our existing infrastructure. And in choosing to complement these systems rather than replace them outright, we are able to deliver improvements and solutions that are faster and more cost-effective than sweeping changes.
     
  2. Collaboration Over Competition | While a great number of technological advancements have come as a result of competition between companies or governments, we have reached a point where our developments in the transportation industry will benefit far more from collaboration and integration. Many cities rely on multiple transportation agencies and companies to serve their citizens, and the potential benefit of integrated information and communication technology (ICT) grows as more organizations are involved. Powerful examples can be seen in cities like London and Berlin, where travelers benefit from integrated systems for efficient service and real-time information. At a corporate level, the incentive for collaboration is arguably as strong: Cubic is proud of its partnerships with companies like Microsoft, Cisco, and Mastercard to work towards the intelligent solutions of the future.
  3. Innovation Fueled by Open Data | In addition to established industry partnerships, our transportation community can create a spirit of collaboration by sharing data freely throughout the industry. If each individual transport agency were left with only their own data to make decisions for the future, we would be forcing thousands of organizations to “reinvent the wheel” with regard to many upgrades and innovations; by moving towards open data, we allow travelers throughout the world to reap the rewards of society’s progress. A rising tide lifts all ships, and so too does open data propel all transportation.

Matt Cole has held numerous positions in multiple locations for Cubic. 

Positions include European head of Finance, CTS vice president of Worldwide Financial Operations, managing director of CTS Asia Pacific, senior vice president, Worldwide Strategy and Business Development and prior to becoming president he was deputy and executive vice president Worldwide Strategy and Business Development.

During this time he has been instrumental in helping the business grow on three continents, as well as entering into adjacent transportation markets. Matt led the launch of the company's NextCity strategy in 2011 and, as president, is overseeing its execution. Prior to joining CTS in 2003, Matt held various financial positions with large public and private companies such as British Airways, Schlumberger, First Choice and Endemol.

As a respected industry thought leader, Matt regularly participates in global events that drive the conversation toward smart cities – the international vision of making the world’s premier cities more livable.

In 2016, he was recognized as a Top 10 Disruptor by the Eno Foundation and was named to Mass Transit magazine’s “Top 40 Under 40” list.

Throughout Matt's tenure at Cubic, he has had substantial responsibility for helping customers achieve their objectives and was instrumental in the negotiation of the Future Ticketing Agreement with Transport for London, the award and mobilization of the Opal Card contract in Sydney and the acquisition of ERG's businesses in Sydney and North America.

Matt is a Chartered Certified Accountant and also holds an MBA from Oxford Brookes University.