INIT SE

Last updated

INIT
Company type Societas Europaea
ISIN DE0005759807
IndustryTechnology
Founded1983
FounderGottfried Greschner
Headquarters
Karlsruhe
,
Germany
Website initse.com OOjs UI icon edit-ltr-progressive.svg

INIT Innovation in Traffic Systems SE is a German technology company serving the public transport market, based in Karlsruhe. The company was founded in 1983 by Gottfried Greschner, developing on his research on intelligent transportation systems at the University of Karlsruhe. INIT opened a North American subsidiary in Chesapeake, Virginia, in 1999, and has expanded to serve clients in the Middle East, Asia, and Oceania. The company provides software, hardware, and services for multiple functions in the public transport sector, including dispatching and service planning, ticketing and fare collection, and intelligent transportation systems. [1]

Contents

History

INIT was founded in 1983 by Dr. Gottfried Greschner, as a spinoff from the University of Karlsruhe. The company initially focused on bus fleet management, and expanded into other information technology services for the public transport industry. [2]

INIT expanded into North America in the late 1990s. The company presented a demonstration of its intelligent transportation systems technology in 1997 in Akron, Ohio, and opened an office in Chesapeake, Virginia in 1999. [3] [4]

Products

INIT provides hardware, software, and services for the public transport industry. The company's products include ticket machines, passenger information systems, and computer-aided dispatch systems.

In addition to its hardware and software products, the company also provides integration services. An example of this is the REGIOMOVE platform for the Karlsruher Verkehrsverbund, where INIT contributed to the development of a unified mobile app for regional public transport services in Karlsruhe. [5]

In March 2024 Transport for London (TfL) announced that they had awarded a £160m contract over 10 years to INIT for the replacement of their existing bus location system. [6]

INIT products
Hop Fastpass card reader inside a TriMet bus (2018).jpg
PROXmobile 3 card reader for the Hop Fastpass ticketing system, Portland, Oregon, USA
Next Stop Sign (3976736460).jpg
PIDmobil 3 passenger information display, installed in a TransLink bus in Vancouver, British Columbia, Canada
Init.JPG
Mobile data terminal installed in a Regionalverkehr Alb-Bodensee bus

Locations

INIT has its head office is in Karlsruhe, in the southern German state of Baden-Württemberg. The company has 6 additional offices in Germany, and 7 locations elsewhere in Europe. The North American headquarters are in Chesapeake, Virginia, and the company also has offices in the United Arab Emirates, Singapore, Australia, and New Zealand. [1]

References

  1. 1 2 "About INIT". INIT SE. Retrieved 6 October 2024.
  2. ↑ "History". INIT SE. Retrieved 6 October 2024.
  3. ↑ Messina, Debbie (9 March 2000). "Chesapeake: German company makes first major U.S. sale of bus equipment" . The Virginian-Pilot . p. D1. Retrieved 5 October 2024– via NewsBank.
  4. ↑ Byard, Katie (27 May 1997). "Akron buses to control traffic lights in this test: If they're running behind schedule, they'll keep signal green" . Akron Beacon Journal . p. A1. Retrieved 5 October 2024– via NewsBank.
  5. ↑ "Karlsruhe's RegioMOVE project has secured a booking platform". Intelligent Transport. 5 March 2018. Retrieved 6 October 2024.
  6. ↑ "New generation of iBus set to enhance bus travel in London". Transport for London (TfL). Retrieved 31 August 2025.
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