Total Cost of Ownership Analysis: Shared Platforms vs Bespoke Design-Build Fare Collection Systems

In this white paper, transit specialists Consult Hyperion analyzes the Total Cost of Ownership of 5 recently procured fare collection systems across the United States and what they would have saved had they opted for a platform-based solution.

Key learnings: 

- Significant fare collection cost savings are available to agencies of ALL sizes (42%-73%)

- The differences between Bespoke Systems and Platforms explained. 

- How platform solutions deliver constant updates 

- How agencies can benefit from Open APIs and existing integrations.

This research is hugely significant for the industry and will help agencies innovate and save costs.

*Masabi is licensing this report from CHYP.