Weather information for transport: The value shift

Pekka Leviäkangas (Corresponding Author), Anna-Maija Hietajärvi

    Research output: Contribution to journalArticleScientificpeer-review

    Abstract

    Weather information is valuable to the transport management value chain, starting from the planning, construction and operation of roads and yielding to value-added services to end-users. Prior studies in the field show multiple use cases for weather information and demonstrate a tangible value in many respects. Technological changes and new trends in public management will, however, change the valuation logic. In the future, recognition of the business value will become more relevant. Many applications such as variable message signs will be replaced by in-vehicle applications. Also, the unbundling of public sector functions will change the way different stakeholders look at weather information. Some systems, formerly regarded as public, will probably change into business tools for private/commercial operators. The 'public good' is changing increasingly to cash valued 'private good', while the total utility remains intact. This paper presents a Value Study on how weather information is valued in transport management and how there is a shift in the valuation logic due to restructuring of the transport sector functions. Finally, the paper discusses the many possibilities for applying value engineering in service process design and re-engineering.
    Original languageEnglish
    Pages (from-to)4-13
    Number of pages10
    JournalValue World
    Volume33
    Issue number2
    Publication statusPublished - 2010
    MoE publication typeA1 Journal article-refereed

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