Covid-19: ITS (UK) survey shows members finding new business opportunities

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ITS (UK) has conducted a survey, which has shown that over half of its members have found new business opportunities during the coronavirus crisis.

After ITS (UK) surveyed members in March, the same questions were shared again six weeks later to see how attitudes have changed as the implications of travel and other restrictions are more widely felt.

The survey discovered that, while a greater proportion of companies – 37% compared to 33% – reported a significant impact on their business, many more now say that they have seen no effect, with the number reporting ‘slight’ impact reduced by around a third.

Half of those surveyed say that they have found new business opportunities during the crisis, almost double the number who had managed to in the early weeks. This suggests technology is able to deliver new innovations very quickly, even in the toughest of circumstances.

“While it’s clear many of our members are suffering real pain at the moment, it is heartening to see how many have used their skills to find new business during this extremely difficult time,” saysITS (UK) secretary general Jennie Martin.

“We at ITS (UK) are here to support all our members however we can, so encourage those worried about the future to engage with us and we can all share ideas on how ITS can contribute to ‘the new normal’ and a better world. I know ITS (UK) members will continue to deliver transport technology solutions and innovations which ensures our relevance in the post-pandemic world.”

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Tom has edited Traffic Technology International magazine and the Traffic Technology Today website since May 2014. During his time at the title he has interviewed some of the top transportation chiefs in charge of public agencies around the world as well as chairmen and CEOs of multinational transportation technology corporations. Tom's early career saw him working on some the UK's leading consumer magazine titles. He has a law degree from the London School of Economics (LSE).

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