Conduent Flat Following New Ticketing System

Conduent Incorporated (NASDAQ: CNDT) shares virtually unchanged Tuesday, on word its transportation division announced the rollout of an electronic ticketing system for Navigazione Laghi, a public transportation company that operates a fleet of 100 boats on Lakes Maggiore, Garda and Como in northern Italy. The fleet serves approximately 10 million passengers annually.

Conduent has begun implementing the new system at 60 ticket offices across the three lakes, where users can purchase electronic travel tickets. The system is expected to be completed early next year when passengers will be able to use contactless smartcards and QR codes for on-board validation.

On-board validation of the electronic travel tickets, which have Radio Frequency Identification chips embedded in them, enables Navigazione Laghi to enhance its knowledge of passenger traffic flows and obtain more accurate and timely data analytics. This project is in line with Navigazione Laghi’s mission to advance technological innovation and further improve customer service.

Says Mark Brewer, transportation solutions, “The system implemented for Navigazione Laghi aligns with its vision to modernize its transportation service. “Navigazione Laghi is providing an enhanced smart mobility system that allows them to better monitor passengers’ behavior and optimize the service level.”

Conduent is a leading provider of automated and analytics-based smart mobility solutions for government agencies. These solutions, spanning roadway charging and management, parking and curbside management, and advanced transit and public safety systems, enable streamlined and personalized services for citizens and travelers who use them.

CDNT shares docked four cents to $4.42.

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