Avego has joined a diverse coalition of 70 business, environmental and transportation leaders in urging President Obama to invest in the deployment of Intelligent Transportation Systems (ITS) to accelerate job creation and economic recovery.
The coalition, which includes Former Transportation Secretary Mary E. Peters, the U.S. Chamber, T4 America, AAA and other public and private sector leaders, joined ITS America in signing a letter to President Obama outlining the numerous economic, environmental, and transportation benefits of investing in ITS technologies.
The letter, which was delivered to the White House on December 17th, highlights a recent report by the London School of Economics and the Information Technology and Innovation Foundation which finds that investment in ITS:
- Creates a ‘network effect’ throughout the economy and directly benefits economic growth by stimulating job creation across multiple sectors, including green jobs, high-tech, automotive, information technology, consumer electronics, and related industries; and
- Provides a foundation for long-term benefits, including government cost savings, economy-wide productivity and an improved quality of life.
The full letter is available here.
The full list of signatories is available here.