INSPIRED BY KIWI INNOVATION
EROAD’s journey is one of predicting the future and then backing themselves.
EROAD offers road user charging, safety compliance and fleet management services on one fully integrated platform. Key to its accelerated growth is its team’s ability to look forward and ask questions about how technology will transform the global transport sector.
EROAD’s purpose - solving complex problems, delivering intuitive solutions that help its customers succeed - is behind its strategy to invest heavily in R&D to ensure it can develop and deliver the solutions to problems facing the transport sector in the future.
Its vision and courage has positioned EROAD to seize big opportunities. “We looked at the world and reframed a problem in a way that allowed us to enter a new market through regulatory disruption,” says CEO Steven Newman. “We came up with an electronic solution for a hard-to-solve, real-life problem. People had never taken such a complete future-industry view before, so that immediately made the solution we developed different.”
The team at Albany developed and implemented the first nation-wide electronic road user charges (RUC) solution, effectively disrupting the existing system, which led to new government regulations.
EROAD’s focus on predicting, investing and transforming didn’t end there. Implementing disruptive technology led to uncovering more challenges and new opportunities, which required more skilled staff and R&D investment. This has led to a number of successes:
Back at their Albany HQ, EROAD’s 250-strong team continues to ask questions about what changes the transport industry will undergo in the future, and what the innovative solutions needed to respond to those changes will look like.
Grow North articles are written by CEOs that call the Grow North Innovation District home. Edited by Kel Marsh. A free service.
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