Transport for London (TfL) has signed a £multi-million deal with Spanish tech firm Indra to overhaul its ticketing systems over the next seven years. The contract, which aims to boost efficiency and reliability, will see millions of passengers reap the benefits as the city's transport network gears up for modernisation.
Indra, a company with a proven track record in UK transport projects, including work on London Underground and HS2, is set to develop a new ticketing system that promises improved security features and a better passenger experience. The system will be one of the most complex in the world, supporting millions of journeys daily.
The contract marks a significant win for Indra, which has been expanding its UK operations in recent years. With a team of experts already based in the country, the company is well-placed to deliver on the project's ambitious plans.
Indra's CEO, Risto Ajanki, expressed his delight at being selected for the contract, saying: 'We're thrilled to be working with TfL to develop a world-class ticketing system that meets the needs of its passengers.'
TfL's Director of Commercial Development, Shashi Verma, added: 'The new ticketing system will bring significant benefits to our passengers and help us continue to improve the efficiency of our services.'