 | |
 Headquarters in Karlsruhe | |
| Company type | Societas Europaea |
|---|---|
| ISIN | DE0005759807 |
| Industry | Technology |
| Founded | 1983 |
| Founder | Gottfried Greschner |
| Headquarters | , |
| Website | initse |
INIT Innovation in Traffic Systems SE is a German technology company serving the public transport market, based in Karlsruhe. The company was founded in 1983 by Gottfried Greschner, developing on his research on intelligent transportation systems at the University of Karlsruhe. INIT opened a North American subsidiary in Chesapeake, Virginia in 1999, and has expanded to serve clients in the Middle East, Asia, and Oceania. The company provides software, hardware, and services for multiple functions in the public transport sector, including dispatching and planning, ticketing and fare collection, and intelligent transportation systems.[1]