Australian transaction software company, Mercurien Limited, and Australia’s leading telecommunications company, Telstra, today announced that they have signed a Memorandum of Understanding (MOU) to jointly investigate and develop local, cloud-based transaction solutions for the transport sector.
With major Australian cities suffering from a broad range of transport issues, from traffic congestion to parking availability, there is a compelling need for both private and public sector enterprises to be able to deploy effective and scalable transport management transaction solutions.
The MOU emphasises both companies’ commitment to developing transportation market solutions that take advantage of the latest transaction processing technologies and benefits of cloud-based operating services. Areas to be investigated include: toll-road use, congestion and traffic-flow management.
The new solutions would use Telstra’s Infrastructure-As-A-Service solution and the Telstra Next IPTM network to deliver Mercurien’s world class, web-based transaction platform.
John Paitaridis, Executive Director, Telstra Enterprise and Government said: “Transport management is one of the biggest challenges for local governments today, and also a major focus for private infrastructure enterprises across Australia.
“We will be working closely with Mercurien to investigate new markets for the transport management sector that can best utilise Telstra’s cloud infrastructure and deliver flexibility, scalability, coverage and ease of use for the transport management industry. This is a great example of Telstra enabling market innovation and solutions for one of the most important sectors in Australia’s economy.”
In commenting on the significance of the MOU with Telstra, CEO of Mercurien, Michael Graham said: “We are delighted to be working with Telstra to develop the market for state of the art infrastructure transaction systems based on machine-to-machine technology. This MOU is a significant event for Mercurien and has the potential to set the new standard for road use charging systems and cloud transaction processing in the 21st Century.”
“Mercurien’s solution, in combination with Telstra’s industry-leading networks provides the reliability, security and horsepower that the industry and the community expect in this area” Mr Graham said.