April 13, 2023

Taking first steps into Tolling: RKTech joins the IBTTA.

The global tolling industry, especially Electronic Toll Collection (ETC), is projected to reach $16 billion by 2029. The current growth of digital transformation, smart transportation solutions, and the global adoption of smart city development creates numerous opportunities for technology companies to break into the industry with their pre-existing expertise. 

IBTTA 1

Being the spearhead of modern tolling, ETC uses breakthrough transportation technology, such as DSRC, GPS toll collection, and big data analytics to manage traffic in highly congested areas efficiently, easing the toll collection process.

Leveraging this growth, RKTech, our North American subsidiary, has officially joined the International Bridge, Tunnel, and Turnpike Association (IBTTA) to provide the technological support tolling vendors need for their systems.

As a recognized leader in the industry with more than 25 years of experience, Simon Cheng, COO of RKTech, has contributed significantly to the implementation of well-known enterprise-scale ETC systems in North America, including Illinois’ I-Pass, MTA B&T’s E-ZPass, as well as all electronic airport parking solutions. With Mr. Simon at the helm, RKTech can solve problems that arise during the operation of digital tolling systems.

IBTTA 2

While this is a new field for the company, Rikkeisoft and RKTech already have competitive advantages in automation testing, data analytics, BI reporting, and other areas that can be concerns of tolling vendors. Thanks to these, the teams at Rikkeisoft and RKTech can easily transition themselves into new software projects in the industry.

IBTTA 3

At the forefront of innovation, RKTech will provide complete technical support for the tolling industry. With our expertise, dedication, and commitment to excellence, we are poised to significantly assist tolling vendors in North America and beyond where it matters: cost and delivery optimization. We are proud to be a part of the IBTTA and look forward to working with our partners to improve transportation and tolling services for all. RKTech is not just a digital service provider but a partner that can help transform how we move.

More From Newsroom

May 29, 2023

Chairman’s Interview Recap: Rikkeisoft’s Ambitions to IPO in the US

This interview was featured on Vietnamnet. Chairman Ta Son Tung shared Rikkeisoft’s journey of global expansion.  Chairman Ta Son Tung shared that he has many Japanese friends. One advantageous aspect is that even Ritsumeikan University, where he studied, has a great support system for graduating students. Japanese businesses, especially chairpersons and directors of large corporations, […]

May 29, 2023

Rikkeisoft to Join Two Flagship Tech Events in Singapore and London in June

Rikkeisoft is set to make a significant impact on the global stage by participating in two prestigious tech events: Asia Tech x Singapore and London Tech Week 2023. These flagship events serve as an opportunity for Rikkeisoft to showcase the latest innovations, network with industry leaders, and establish a strong presence in key international markets. […]

May 25, 2023

Rikkeisoft Joins Vietnam ICT Day 2023 to Drive Technology Advancements

On May 16, Chairman of Rikkeisoft Tung Ta and CEO of Rikkei Japan Bui Quang Huy, attended the Vietnam IT Day 2023 in Tokyo, Japan, with the goal of promoting industry cooperation in Information Technology between Vietnam and Japan. This annual event is organized by the Vietnam Software and IT Services Association (VINASA) and the […]

April 28, 2023

Rikkeisoft became Partner with Salesforce and Mendix

Rikkeisoft became a partner with two industry leaders, Salesforce and Mendix, this month to scale up our global partnership network.  As a Salesforce partner, Rikkeisoft can provide end-to-end Salesforce support that meets the enterprise’s needs, from system discovery and development to operation and maintenance. This helps businesses optimize customer engagement, streamline sales processes, and increase […]

April 28, 2023

Rikkeisoft and Evvo Labs (Singapore) Signed an MOU Partnership Agreement

On April 25, Rikkeisoft was presented by COO Nguyen Quang Hoa and Evvo Labs by CEO Vince Chew signed an MOU Partnership Agreement. The MOU signing ceremony aims to boost our business cooperation with two main strategic objectives: bidding for government projects in Singapore and joint development of cyber security in banking and finance in […]

April 27, 2023

Rikkeisoft is officially CMMI level 3- certificated

On April 22nd, CMMI Institute approved Rikkeisoft’s appraisal for the CMMI level 3 certificate (version 2.0). This is the latest version released in 2018, giving businesses a more advanced process for analysis/assessment and faster adaptation to new changing conditions. From March 27 to April 4, RikkRikkeisoft completed the assessment from March 27 to April 4. […]