Business Models to Facilitate Deployment of Connected Vehicle Infrastructure to Support Automated Vehicle Operations (2020) / Chapter Skim
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Pages 110-115
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x SUMMARY THE PROMISE OF CONNECTED VEHICLES As safety and congestion issues on the nation's highways continue to pose a challenge to transportation agencies, connected vehicle (CV) technologies have received much attention globally over the past two decades.
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xi Whether an agency decides to adopt a wait and see approach or a more cautious investment approach, it is vital to consider evidence and analysis that establish the rationale for investment at the time investments in the decision-making process. This evidence-based analysis, termed a business case, is an important part of the investment decision process.
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xii unique position to shortlist and prioritize the applications of interest and to examine the investments to be made in CV infrastructure that support these applications. Making such investment decisions, however, requires understanding the V2I applications' level of readiness for real-world deployment and the costs of doing so.
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xiii methods. However, because these investments can potentially be expensive, justification must usually be sound to help support the decision-making process.
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xiv BUSINESS MODELS TO DELIVER CV INVESTMENTS The business case informs a decision on pursuing investment in CV infrastructure. In the event a "go" decision is reached to invest, the project or program of projects must be planned and delivered as part of a DOT's standard business operations.
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xv • Connected vehicle as a service model where the DOT purchases a service package from the private sector by subscription or contract. The private sector supplies "all-in" services, including physical assets, cloud data, and analytics for a fee, while the public sector owns the data feed and provides signal controller and network access.
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