Valerann signs contract with Deviteck to strengthen presence in Latin America

London, November 22, 2022. Valerann, a global leader in Advanced Traffic Monitoring Systems (ATMS), announced today a new partnership agreement with Deviteck, a leading ATMS distributor in Colombia. AI-driven and suitable for a broad range of use-cases, Lanternn by Valerann^TM, through the use of proprietary Data Fusion Engine, efficiently denoises and extracts value from road traffic data, delivering granular insight into real-time road traffic situation. 

With this agreement, Deviteck is authorized to sell and promote Lanternn by Valerann^TM - a flagship solution for intelligent road traffic monitoring. This partnership strengthens Valerann’s position in Latin America and complements the existing Deviteck portfolio of ATMS products. 

The agreement comes at a time when the Transportation industry is facing multiple challenges: growing populations are rapidly increasing the number of vehicles on the road, which results in heavier traffic, poor traffic predictions, increased CO₂ emissions and growing road safety concerns. At the same time, these increasing numbers of vehicles - together with crowdsourcing, social media applications, and weather forecasts - are important data sources which contain valuable road traffic information. The results of cleansing, timely processing, and data analysis provide road traffic operators with critical knowledge of road traffic situations, empowering them to make accurate data-driven decisions that save money and lives.

“The partnership with Deviteck is an important step for us in acknowledging the significance of the Latin American market for us,” – says Michael Vardi, CBO of Valerann. ”We are looking forward to working with Deviteck and helping road operators in Colombia to increase road safety while improving efficiency  of their operations.”

“Establishing strong long-lasting relationships with our partners, is an important aspect of building the Deviteck eco-system. We are always looking for partners that share our values and goals. We are sure that our technical alliance with Valerann will bring many benefits to the ITS sector in Colombia,” – Luz Angela Sánchez Soriano, PR and Marketing Director of Deviteck.

‍About Valerann Ltd

A global leader in intelligent road traffic management solutions (ITS), Valerann is redefining modern mobility and roadway operations through enabling actionable, accurate and timely data-driven decision-making. By using information from multiple disparate sources and leveraging sophisticated proprietary AI and computer vision algorithms, we extract value from Big Data delivering a clear and comprehensive vision of the entire road situation in real-time. We provide roadway operators with bespoke insights and empower them to deliver on their objectives. Established in 2016, Valerann has offices in the UK, Israel, Germany, Spain and the US and is working with customers worldwide.

For additional information, visit: https://www.valerann.com, follow us on our official LinkedIn channel. For press enquiries, please contact press@valerann.com. 

About Deviteck: 

We are a Colombian company, specializing in technology solutions for the transportation industry: tolls, ITS, road safety, tunnels and Smart City. We have completed and delivered over 1,000 projects to our customers, while maintaining highest quality standards in different parts of Colombia.

Our organizational culture embraces a high degree of adaptability in order to always meet changing industry requirements, with ongoing deployment of technologies coming from factories in Europe and the United States.

We combine our talents and skills to solve problems and we are constantly innovating.

Find out more about our company at www.deviteck.com.co  and on social networks: 
Linkedin: Deviteck Oficial 
Instagram: Deviteck_es
YouTube: Deviteck 
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Contact us on - mercadeo@deviteck.com.co, +(57) 3188006981 | (601) 4672845, Calle 95 N 9ª 08 Bogotá, Colombia.