Valerann, a provider of advanced road traffic management solutions, has received the prestigious Prince Michael International Road Safety Award 2024 for its effective use of artificial intelligence (AI) and advanced data analytics in road safety.
The annual Prince Michael International Road Safety Awards, which were first established in 1987 and are designed to give public recognition to organizations and individuals who have improved road safety, recognize innovation and outstanding achievements worldwide.
Valerann has received this award for its flagship data analytics platform, Lanternn by Valerann, which provides road traffic authorities worldwide with vital insights empowering them to improve road safety through proactive road management.
Deployed with public and private operators globally, the platform uses real-time road traffic related and weather data and through complex analytics delivers a holistic overview of real-time road traffic situations, detects incidents and prioritizes alerts enabling traffic authorities to reduce response time and mitigate risks.
According to Valerann, the award judges were highly impressed by this effective use of AI and advanced data analytics for its significant contribution to improving safety.
“This distinguished recognition underscores the commitment of the Valerann team, and highlights the vital and transformational role AI and the data-driven approach plays in saving lives on our roads,” said Gabriel Jacobson, CEO of Valerann.
“Our mission has always been to empower road traffic authorities to take accurate and timely data-driven decisions, thus making their roads safer. The Prince Michael International Road Safety Award motivates us to continue pushing the boundaries of innovation to ensure that road safety remains a global priority,” Jacobson added.
The Prince Michael International Road Safety Awards ceremony will take place at The Savoy in London on December 10, 2024.