Press Release
VantageLive! Offers 24/7 Insight into Vehicle, Bicycle and Pedestrian Traffic
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VantageLive! screen capture (Graphic: Business Wire)
VantageLive! is a cloud-based transportation analytics service that allows users to view intersection activity by automatically collecting and analyzing vehicle, bicycle and pedestrian data on a continuous basis, with data availability 24/7/365 from their existing
By accessing connected intersection systems within an agency's network, VantageLive! collects data provided from Iteris Vantage platforms and securely sends it to the
Users of VantageLive! will dramatically reduce their data collection costs since the system leverages their current infrastructure. In addition, having this information available 24/7 will allow traffic engineers to quickly make important decisions such as optimizing and prioritizing improvements to city roads, sidewalks, bike paths and other transportation modes. The system also provides a whole suite of comprehensive analytics, including Universal Traffic Data Format (UTDF), peak hour factor calculations, and daily/weekly/monthly count reports. Agencies will benefit from these reports in a variety of engineering tasks that are currently being done with more manual methods.
"VantageLive! will give agencies a straightforward ability to view critical intersection information every minute of every day," says
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About
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This release may contain forward-looking statements, which speak only as of the date hereof and are based upon our current expectations and the information available to us at this time. Words such as "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," "should," "will," "can," and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about the capabilities and benefits of our VantageLive! services and statements about the impacts and effects for the users of such services. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict, and actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, our ability to successfully dedicate resources, roll out, and gain broad market acceptance for our solutions and products; adoption of technology based analytics solutions in the transportation market; challenges in the development of software-based solutions generally; our ability to expand our patent protections for our technologies and products; and the potential impact of product and service offerings from competitors and such competitors' patent coverage and claims. Further information on
View source version on businesswire.com: http://www.businesswire.com/news/home/20170502005569/en/
Source:
Iteris Press Contact
Adam Lyons
(949) 270-9400
aml@iteris.com
or
Iteris Investor Contact
Todd Kehrli
(323) 468-2300
iti@mkr-group.com