Parsons' iNET® Solution Goes Live with NJDOT's Advanced Traffic Management System.
PorAinvest
jueves, 21 de agosto de 2025, 6:28 am ET1 min de lectura
PSN--
The system, implemented in partnership with HNTB Corporation, offers a comprehensive suite of features including ITS device control, automated incident detection and management, and integrated response plans. These features aim to improve traffic management capabilities, ensuring safer and more efficient travel for all road users [2].
The deployment of iNET® is the first integrated statewide ATMS for NJDOT, which has historically relied on a variety of legacy and vendor-based software packages. The new system consolidates previously disparate systems into a unified platform, addressing inefficiencies and providing a robust and scalable solution to meet the complex needs of modern traffic management [1].
Recognizing its innovation and impact, the ATMS project was honored with the 2025 Excellence in Engineering Award at the New Jersey Alliance for Action's 12th Annual Distinguished Engineering Awards [2]. This recognition validates the technical achievement and enhances Parsons' competitive positioning for similar contracts.
For investors, this deployment represents Parsons' execution capability in the smart infrastructure market and strengthens their position in the transportation technology segment. By securing a state-level implementation, Parsons demonstrates its ability to handle large-scale, complex government contracts – typically high-value, long-term engagements that provide stable revenue streams. The successful deployment also creates opportunities for maintenance contracts, system expansions, and reference-based sales to other state transportation departments [1].
References:
[1] https://www.stocktitan.net/news/PSN/new-jersey-department-of-transportation-launches-statewide-advanced-kyq9rilllrd1.html
[2] https://www.globenewswire.com/news-release/2025/08/21/3136979/0/en/New-Jersey-Department-of-Transportation-Launches-Statewide-Advanced-Traffic-Management-System-Powered-by-Parsons-Smart-Mobility-Solution-iNET.html
Parsons Corporation has announced the successful go-live of the New Jersey Department of Transportation's Statewide Advanced Traffic Management System, powered by Parsons' iNET smart mobility solution. The system offers a unified platform for transportation network management and operator communication, marking a significant advancement in traffic management and operations across the state. Parsons partnered with HNTB Corporation to deliver the system.
Parsons Corporation (NYSE: PSN) has successfully deployed its Intelligent NETworks (iNET®) smart mobility solution for the New Jersey Department of Transportation (NJDOT), marking a significant advancement in traffic management and operations across the state. The new Statewide Advanced Traffic Management System (ATMS) is a unified platform designed to enhance transportation network management and operator communication, replacing NJDOT's reliance on various legacy and vendor-based software packages [1].The system, implemented in partnership with HNTB Corporation, offers a comprehensive suite of features including ITS device control, automated incident detection and management, and integrated response plans. These features aim to improve traffic management capabilities, ensuring safer and more efficient travel for all road users [2].
The deployment of iNET® is the first integrated statewide ATMS for NJDOT, which has historically relied on a variety of legacy and vendor-based software packages. The new system consolidates previously disparate systems into a unified platform, addressing inefficiencies and providing a robust and scalable solution to meet the complex needs of modern traffic management [1].
Recognizing its innovation and impact, the ATMS project was honored with the 2025 Excellence in Engineering Award at the New Jersey Alliance for Action's 12th Annual Distinguished Engineering Awards [2]. This recognition validates the technical achievement and enhances Parsons' competitive positioning for similar contracts.
For investors, this deployment represents Parsons' execution capability in the smart infrastructure market and strengthens their position in the transportation technology segment. By securing a state-level implementation, Parsons demonstrates its ability to handle large-scale, complex government contracts – typically high-value, long-term engagements that provide stable revenue streams. The successful deployment also creates opportunities for maintenance contracts, system expansions, and reference-based sales to other state transportation departments [1].
References:
[1] https://www.stocktitan.net/news/PSN/new-jersey-department-of-transportation-launches-statewide-advanced-kyq9rilllrd1.html
[2] https://www.globenewswire.com/news-release/2025/08/21/3136979/0/en/New-Jersey-Department-of-Transportation-Launches-Statewide-Advanced-Traffic-Management-System-Powered-by-Parsons-Smart-Mobility-Solution-iNET.html
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