Put companies on watchlist
Kapsch TrafficCom AG
ISIN: AT000KAPSCH9
WKN: A0MUZU
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Kapsch TrafficCom AG · ISIN: AT000KAPSCH9 · EQS - Company News (60 News)
Country: Austria · Primary market: Austria · EQS NID: 2091335
26 February 2025 02:00PM

Kapsch TrafficCom unveils upgraded ANPR engine for North America



EQS-Media / 26.02.2025 / 14:00 CET/CEST

fncls.ssp?fn=download2_file&code_str=119bd0950f3990887c3067b86be565e5
GettyImages/TheEntirePlanet

Duluth, GA, February 26, 2025 – Kapsch TrafficCom is proud to highlight the capabilities of its latest Automatic Number Plate Recognition (ANPR) engine, specifically designed for the North American market.

This innovative solution marks a significant leap forward in performance, versatility, and cost efficiency, setting new standards in license plate recognition technology. As part of the wider tolling offering, the technology is a key building block for delivering state-of-the-art tolling technology.

A Revolutionary Approach to ANPR

Building on the success of regional ANPR engines introduced in Europe and Australia in 2023, Kapsch TrafficCom has now expanded its advanced technology to North America. Unlike traditional project-specific engines, the new ANPR engine is designed to serve multiple projects across the region, offering unparalleled accuracy and reliability. The ANPR engine leverages deep learning technology to enhance recognition capabilities.

A newly developed deep neural network specifically for North America ensures precise identification of license plates from 58 jurisdictions, including all mainland US states, Hawaii, Mexico, and the most relevant Canadian provinces,” explains Chris Jones, Director of Video Transaction Optimization at Kapsch TrafficCom North America.

JB Kendrick, President at Kapsch TrafficCom North America, adds: “Our newest and most robust engine can accurately identify over 150 plate types, focusing on the most widely used designs and ensuring easy scalability to include additional types as needed. While it is not a stand-alone product, it is a key building block for our existing and future roadside tolling clients. These investments in continuous enhancements exemplifies our conviction to improve all our technologies.”

Meeting the Challenges of North American Diversity

North America presents unique challenges for ANPR systems due to the vast variety of license plate designs, syntaxes, and allowed characters. The new Kapsch TrafficCom engine has been meticulously trained to handle these complexities, delivering exceptional performance even in challenging scenarios.

With deployment in several projects already underway, the new ANPR engine is set to take license plate recognition in North America to the next level, significantly reducing manual review costs by improving the percentage of plates read automatically.

A Collaborative Global Effort

The development of the North American ANPR engine is a testament to the power of cross-regional collaboration within Kapsch TrafficCom. Experts from across the globe worked together to create a solution tailored to the specific demands of the North American market, helping tolling clients achieve greater operational efficiency and prepare for future demands.

More information: Press | Kapsch TrafficCom

Follow us on LinkedIn

 

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

With one-stop-shop-solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2023/24 financial year, about 4,000 employees generated revenues of EUR 539 million.

 

Press contact:  
Sandra Bijelic 
Head of Corporate Communications 
Kapsch TrafficCom AG 
Am Europlatz 2, 1120 Vienna, Austria 
P +43664628 1720 
sandra.bijelic@kapsch.net 
 
Ashley Boncimino
Regional Marketing Manager 
Kapsch TrafficCom North America
2855 Premiere Parkway, Duluth, GA 30097 
P +1 864 735 2076
ashley.boncimino@kapsch.net
 
     
     

 



End of Media Release


Issuer: Kapsch TrafficCom AG
Key word(s): Research/Technology

26.02.2025 CET/CEST This Press Release was distributed by EQS Group. www.eqs.com


Language: English
Company: Kapsch TrafficCom AG
Am Europlatz 2
1120 Vienna
Austria
Phone: +43 50811 1122
Fax: +43 50811 99 1122
E-mail: ir.kapschtraffic@kapsch.net
Internet: www.kapschtraffic.com
ISIN: AT000KAPSCH9
WKN: A0MUZU
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2091335

 
End of News EQS Media

2091335  26.02.2025 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2091335&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - Kapsch TrafficCom AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2025
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.