Conduent Transportation Selected to Transform Public Transport Network in Saint-Étienne Métropole, France

Rhea-AI Summary

Conduent Transportation, a unit of Conduent Incorporated (Nasdaq: CNDT), has been chosen by Saint-Étienne Métropole (SEM) to transform its STAS bus and tram network in a three-phase project. The first phase, already implemented, introduces an open payment system allowing passengers to pay using contactless EMV cards and digital wallets on all network lines. This upgrade comes in time for Saint-Étienne's role as a host city for the 2024 Olympic Summer Games.

The second phase in 2025 will involve implementing Conduent's ATLAS® Ops back-office system and renewing the entire ticketing system. The third phase in early 2026 will enhance regional interoperability. Upon completion, the network will feature 1,100 validators, 68 ticket vending machines, and various point-of-sale terminals, significantly modernizing the public transportation system serving over 400,000 people.

Positive

• Secured a contract for a three-phase transformation project with Saint-Étienne Métropole
• Successfully implemented phase one with over 300 validators installed
• Project aligns with the 2024 Olympic Summer Games, potentially increasing visibility and usage
• Expansion of Conduent's presence in the French public transport market

Negative

• None.

Insights

Financial Analyst

The selection of Conduent Transportation to modernize the public transportation network in Saint-Étienne Métropole is a significant win for the company. Conduent's role in upgrading the transport infrastructure, especially in preparation for the 2024 Olympic Summer Games, positions the company as a key player in smart mobility solutions. The introduction of contactless payment systems and modern ticketing solutions aligns with global trends towards digital transformation and cashless transactions.

From a financial perspective, this project will likely have a positive impact on Conduent's revenue stream. In terms of figures, while the exact contract value isn't disclosed, such large-scale projects typically involve substantial investments. The project's three-phase approach ensures sustained engagement with Saint-Étienne Métropole, potentially leading to long-term partnerships and future contracts. This could drive steady revenue growth for Conduent over the next few years.

Moreover, Conduent's increasing footprint in European cities like Rennes, Marseille and Grenoble, coupled with international deployments, hints at a robust expansion strategy. For retail investors, these developments signify a strengthening of Conduent's market presence and diversification of its revenue sources. However, it's important to monitor the company's execution capabilities and any potential project delays, which could impact investor sentiment.

Tech Expert

The implementation of contactless open payment systems and the ATLAS® Ops back-office system are noteworthy technological advancements for Saint-Étienne Métropole. Contactless payments, involving EMV cards and NFC-enabled digital wallets, offer significant advantages in terms of speed, convenience and security. These systems reduce the need for physical tickets, minimizing the risk of fraudulent activities and enhancing the overall user experience.

The ATLAS® Ops system's integration, set to be completed in 2025, will transform the ticketing infrastructure by supporting regional interoperability with the Oùra system. This means that passengers can use a single card or mobile app to travel across various transit networks within the region, promoting seamless travel and improving efficiency. The final phase in 2026, introducing 2D barcode tickets via mobile apps, further demonstrates Conduent's commitment to modern, interoperable solutions that cater to a mobile-first user base.

For investors, these technological upgrades signify Conduent's capability to deliver cutting-edge solutions that meet contemporary urban mobility needs. However, the project's success hinges on the smooth deployment and integration of these technologies without significant hitches, which will be a key factor to watch.

Three-phased project begins with implementation of contactless open payment system in advance of the 2024 Olympic Summer Games

GUILHERAND-GRANGES, France & FLORHAM PARK, N.J.--(BUSINESS WIRE)-- Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced that Saint-Étienne Métropole (SEM), the public transportation authority for the city of Saint-Étienne and its surrounding metropolitan area in east-central France, has selected Conduent for a three-phase transformation of its STAS bus and tram network. SEM serves a population of more than 400,000.

Saint-Étienne tram, credit: STAS

In phase one, Conduent implemented an open payment system that allows passengers, on all of the network’s lines, to pay using validators installed on buses and trams. Payments can be made with contactless EMV (Europay, Mastercard and Visa) debit and credit cards, and NFC-enabled digital wallets such as Apple Pay, Google Pay and Samsung Pay. More than 300 validators were installed in this first phase, with one on each bus and at least two on each tram, in time for Saint-Étienne to play its role as a host city for the Summer Olympic Games.

In phase two, during 2025, Conduent will complete the implementation of its ATLAS^® Ops back-office system as well as associated equipment, thus renewing the network’s entire ticketing system. This phase will include the start of interoperability with the contactless cards used for the regional Oùra system. Regional interoperability will then be enhanced in early 2026 during a third phase, which will enable the use of regional 2D barcode tickets via a mobile application.

“As a host city for the upcoming 2024 Olympic Summer Games in France, we are anticipating a significant increase in the use of our transportation network. SEM is looking ahead at the opportunity and wants to ensure that riders, whether they are residents of Saint-Étienne Métropole or visitors, can easily and quickly utilize our transit network,” said Luc François, Vice President of Transport and Mobility at SEM. “This is just the first phase of a significant upgrade, to be implemented by Conduent, that will modernize our network, as well as make it a more efficient and accessible public transportation system.”

Upon completion of all three phases, SEM will have the following new equipment across its network:

• 1,100 validators on board buses and trams
• 68 ticket vending machines
• 75 point of sale terminals in retailers
• 26 point of sale terminals in transport operator ticket offices
• 55 inspection terminals

“Conduent is honored that Saint-Étienne Métropole has selected us for this project,” said Jean Charles Zaia, President, Transit Solutions at Conduent. “When complete, the transformation of Saint-Étienne’s bus and tram network will enhance the customer experience and provide a network that is more customer-friendly, easily accessible and modern.”

Following Rennes, Marseille and Grenoble, Saint-Étienne is the latest French metropolitan area to implement a Conduent contactless open payment system on its public transport network. Conduent's open payment solutions are also deployed in Pays Basque, France, as well as in Mexico, the United States, Belgium, Australia and Italy.

About Conduent
Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum – creating valuable outcomes for its clients and the millions of people who count on them. The Company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global team of approximately 59,000 associates, process expertise and advanced technologies, Conduent’s solutions and services digitally transform its clients’ operations to enhance customer experiences, improve performance, increase efficiencies and reduce costs. Conduent adds momentum to its clients’ missions in many ways including disbursing approximately $100 billion in government payments annually, enabling 2.3 billion customer service interactions annually, empowering millions of employees through HR services every year and processing nearly 13 million tolling transactions every day. Learn more at www.conduent.com.

Note: To receive RSS news feeds, visit www.news.conduent.com. For open commentary, industry perspectives and views, visit http://twitter.com/Conduent, http://www.linkedin.com/company/conduent or http://www.facebook.com/Conduent.

Trademarks
Conduent is a trademark of Conduent Incorporated in the United States and/or other countries. Other names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240718723518/en/

Media Contacts:

Robert Corbishley, Conduent, +44 (0)7703 516569, robert.corbishley@conduent.com

Neil Franz, Conduent, +1-240-687-0127, neil.franz@conduent.com

Investor Relations Contact:

Giles Goodburn, Conduent, +1-203-216-3546, ir@conduent.com

Source: Conduent Transportation

FAQ

What is the three-phase project Conduent (CNDT) is implementing for Saint-Étienne Métropole?

Conduent is implementing a three-phase transformation of Saint-Étienne's STAS bus and tram network. Phase one introduces an open payment system, phase two will implement the ATLAS® Ops back-office system and renew the ticketing system, and phase three will enhance regional interoperability.

How does the first phase of Conduent's (CNDT) project in Saint-Étienne relate to the 2024 Olympic Summer Games?

The first phase, which includes the implementation of an open payment system with over 300 validators, has been completed in time for Saint-Étienne to play its role as a host city for the 2024 Olympic Summer Games, anticipating increased use of the transportation network.

What new equipment will be installed across Saint-Étienne's network as part of Conduent's (CNDT) project?

Upon completion of all three phases, the network will have 1,100 validators on buses and trams, 68 ticket vending machines, 75 point of sale terminals in retailers, 26 point of sale terminals in ticket offices, and 55 inspection terminals.

Which other French cities have implemented Conduent's (CNDT) contactless open payment system?

In addition to Saint-Étienne, Conduent has implemented contactless open payment systems in Rennes, Marseille, Grenoble, and Pays Basque in France.