London, UK, 22 Oct 2024. Valerann, a global leader in advanced road traffic management solutions, has received the prestigious Prince Michael International Road Safety Award 2024 for the effective use of AI and advanced data analytics in road safety. This Awards recognizes Valerann’s contribution to the transportation innovative technology that enhances road safety.
The annual Prince Michael International Road Safety Awards, which were first established in 1987 and are designed to give public recognition to organizations and individuals who have improved road safety, recognize innovation and outstanding achievements world-wide.
Valerann has received this prestigious award for its flagship data analytics platform, Lanternn by Valerann™, which provides road traffic authorities world-wide with vital insights empowering them to improve road safety through proactive road management. Deployed with public and private operators world-wide, the platform uses real-time road traffic related and weather data and through complex analytics delivers a holistic overview of real-time road traffic situation, detects incidents and prioritizes alerts enabling traffic authorities to reduce response time and mitigate risks.
The award judges were highly impressed by this effective use of AI and advanced data analytics for its significant contribution to improving safety.
“We are incredibly proud honored to receive this prestigious award. This distinguished recognition underscores the commitment of the Valerann team, and highlights the vital and transformational role AI and the data-driven approach plays in saving lives on our roads.” - said Gabriel Jacobson, CEO of Valerann. “Our mission has always been to empower road traffic authorities to take accurate and timely data-driven decisions, thus making their roads safer. The Prince Michael International Road Safety Award motivates us to continue pushing the boundaries of innovation to ensure that road safety remains a global priority.”
The Prince Michael International Road Safety Awards ceremony will take place at The Savoy in London on 10 December2024.
About Valerann
A global leader in intelligent road traffic management solutions, Valerann is redefining the concept of modern mobility through improving roadway operations efficiency and increasing roadway safety. Lanternn by Valerann™, the industry-leading ITS cloud platform, provides real-time road traffic situation, incident risk modeling and insights, thereby improving road traffic authorities’ situational awareness and empowering them to make accurate, actionable and timely decisions. By using information from multiple disparate sources and leveraging deep Data Fusion and sophisticated proprietary AI and computer vision algorithms, we extract value from Big Data, delivering a clear and holistic overview of the entire road situation in real time. For additional information, visit: www.valerann.com and follow us on our official LinkedIn channel. For press enquiries, please contact us at press@valerann.com.