TTI are the major providers of road signage and traffic lights in Australia and revenue is fairly consistent from these sectors. They have also moved in to the smart led sign space aswell as preparing for the vehicle to infrastructure space where cars receive information from smart traffic lights, signs, controllers etc about road conditions and traffic flow. As far aTTI are involved in every facet of the smart traffic space.
The smart city software is still nascent and is part of a government smart city initiative, current funding was around ~50mill, you can read a little about it here to get an idea of some of the uses of the software,
https://pacetoday.com.au/rmit-research-using-sensor-technology-trial-smart-city-management/
They are also trialing the smart city software in the UK and Hong Kong, will need to wait on TTI to provide a revenue breakdown and roll out. As they've indicated that it's happening across the eastern seaboard, which is significant.
A breakdown of revenue in 2018 from the annual report is as follows.
There is plenty of room for growth in TTI's model and if successful will be a essential part of Australian traffic into the future.
All IMO DYOR.
