Company Contact Email:
https://www.straffic.com
Vision/Mission:
Vision
Our solutions fit into all transportation systems around the worLd!
Mission
We create values on your ways!
Business Description:
STraffic is a leading innovative transportation solutions provider specialized in advanced Toll Collection Systems, Train Control Systems, Train Communication, and Mobility as a Service (MaaS).
Committed to enhancing urban mobility and safety, STraffic leverages cutting-edge technology to deliver reliable and efficient solutions for modern transportation networks.
STraffic envisions a future where urban mobility is seamless, efficient, and sustainable. By leveraging advanced technology and innovative solutions, we aim to enhance transportation systems’ safety, reliability, and environmental sustainability worldwide. Our commitment is to create smarter cities with integrated, user-friendly transportation networks that improve the quality of life for all urban residents.
History:
STraffic was established in January 2013. We currently have 296 employees and four affiliates to support domestic and overseas market sales and production.
SSCC (Seoul Neo Smart Card Co., Ltd) is a subsidiary of STraffic, primarily engaged in developing and operating transportation card systems. Established in 2017, the company is responsible for the transportation card systems of Seoul Metro, covering Line 1 to 4 and Line 5 to 8. SSCC provides various transportation solutions, including advertising, prepaid transportation cards, and electronic payment systems.
Leveraging STraffic’s technology and experience, Seoul New Transportation Card strives to offer better transportation services. STTC (ST Telecommunications Co., Ltd) to support STraffic’s train communication solution, STRAFFIC AMERICA, LLC to promote AFC solution, and STRAFFIC INDIA Pvt. to support AFC and toll collection solutions.
STraffic boasts a highly experienced workforce, with over 45% of employees having over 20 years of experience. The company is technology-intensive, with 69% of its personnel concentrated in the technical department. Additionally, more than 76% of the workforce has over 10 years of experience.
At present, STraffic has 11 years of experience in the market.
However, our human resources belonged to Samsung Electronics’ period when they started the road transportation business in 1991. From 2001 to 2012, the transportation infrastructure market was continuously growing, and this expansion phase was made to increase the use of domestically developed technologies, reduce the reliance on foreign technologies, and enhance local technological capabilities.
Products:
STraffic With our staff and employees, separated from Samsung and began to expand our sales amount in the domestic market. Since we were listed in the KOSDAQ market in 2017, we have succeeded in various overseas references.
Samsung Electronics possesses advanced technological capabilities in various fields. Leveraging this expertise, the company saw an opportunity to excel in the transportation infrastructure sector. The transportation infrastructure market is continuously growing, especially with the development of smart cities. Samsung Electronics identified the potential for growth in this market.
They decided to enter the road, and railway business to capitalize on these opportunities. Expansion phrase refers to a period during which efforts are made to increase the use of domestically developed technologies, reducing reliance on foreign technologies and enhancing local technological capabilities.
STraffic aimed to strengthen its global presence through the transportation infrastructure business. We could improve our competitiveness in the international market by providing internationally compliant products, such as toll collection, railway signaling, communication systems, and AFC systems.
Industry:
Location:
https://www.go-straffic.com/who/company/location.html
Head Office:
Gyeonggi-do, Republic of Korea
US Subsidiary:
Virginia, USA
India Subsidiary:
New Delhi, India
Website:
