Real-time traffic control may seem like an imaginary pipedream if you've ever been stuck in rush hour traffic. However, it is becoming more of a daily reality with the advancement of modern technologies. Understanding the cost of unmonitored roads can assist in the process of finding a traffic management solution that is suitable for any region's needs.
What are the Costs of No Traffic Control?
From congestion to poor speed monitoring, the cost of uncontrolled traffic is significant and impacts those on the road and surrounding taxpayers. It can lead to congestion, overconsumption of fuel, excessive emissions, delays, and a significant increase in accidents that result in injuries and even fatalities.
Having no traffic control isn’t cheap. In fact, it’s estimated that road congestion in the US costs approximately $87 billion in 2018. With congestion alone costing billions of dollars each year, many engineers and city planners are turning to traffic cameras and traffic control solutions that work in real-time.
In the US, there are approximately 38,000 deaths associated with motor vehicle accidents each year. These deaths result in upwards of $55 billion dollars in annual work loss and medical costs, which can be reduced and even prevented with real-time traffic control and monitoring solutions. In total, the costs of motor vehicle accidents on the road in the US can cost US taxpayers upwards of $871 billion each year in terms of both societal and economic impact.
Needless to say, economic costs are just one side of the medal as moral implications count heavily when losing human lives.
To better manage the traffic flow of a particular area or a busy and accident-prone road, the implementation of traffic control software brings unexpected benefits. With the use of traffic monitoring solutions such as GoodVision Live Traffic, cities can capture events and incidents in real-time, and there is more.
If you’re considering integrating a traffic control software such as GoodVision Live Traffic into your own community, consider the features that are available, such as:
Capture Traffic Events
GoodVision provides users with traffic performance reports based on traffic analytics and interest points that are relevant to your community's needs. With GoodVision Live Traffic, you can capture traffic events, accidents, and violations in real time through the use of preexisting traffic cameras and sensors paired with our software. Track turning movements and define virtual loops for a truly integrated traffic management solution.
The adoption of real-time traffic control solutions is an excellent way to reduce the risk of accidents, injuries, deaths, and lawsuits occurring due to motor vehicles. With ongoing traffic analytics in place for real-time reporting, you can minimise the risk of local road accidents while also helping drivers remain aware of their actions whenever they are out on the road. What else?
Cost of Traffic Control Software vs. No Traffic Control
With the cost of no traffic control climbing into the billions in the United States only, investing in traffic control software is a reasonable option. Using traffic management software such as GoodVision will not only help to prevent accidents with proper traffic analysis, monitoring, and urban planning, but it will also help citizens to remain more aware of their everyday choices while behind the wheel.
With road crashes in the US resulting in more than $380 million in medical expenses and $871 billion in economic and societal costs each year, turning to real-time traffic control solutions is desirable for the future of the world economy and transportation management.
Ultimately, the benefits of investing in traffic cameras and advanced traffic control software to help streamline the flow of traffic in any busy location are clear. Monitoring traffic with the right traffic monitoring solution enables you to make the necessary changes and adjustments to optimise traffic flow, even during the busiest times of the day.
Using GoodVision Live Traffic, you can monitor traffic 24/7 with in-depth traffic analysis–available at the touch of a button. With enhanced traffic control, it’s significantly easier to manage and monitor the traffic flow of your city and community–saving you from the excessive costs of having no traffic control in place.
Interested in learning more about GoodVision’s traffic control solutions?