Press Release
Cloud-based Automated Traffic Signal Management Application Builds on Company’s Performance Measurement Platform
- Automated signal performance measurement cloud application represents Iteris’ expanding “intersection-as-a-service” offering for clients nationwide
- Extends company’s growing portfolio of user-friendly traffic data visualization solutions, including iPeMS® and VantageLive!™
- Aligns with strategy of increasing safety and efficiency of intersections and arterial roads as part of wider smart city initiative
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Iteris Unveils Comprehensive Signal Performance Measures Solution (Graphic: Business Wire)
With the proliferation of high-resolution traffic data from
internet-of-things (IoT) devices, as well as Bluetooth and Wi-Fi readers
throughout the country,
Iteris SPM represents a synthesis of the company’s integration experience, big data ingestion, visualization and hardware production knowledge, as well as its analytics and consulting expertise, and forms part of its broader drive to promote safety and efficiency at all intersections.
“As we gather more and more data from new and enhanced IoT devices at
intersections, we are pleased to be able to help agencies better manage
their network with a focus on improving safety and efficiency,” said
The application supports the Federal Highway Administration’s Every Day Counts 4 program, which encourages using automated traffic SPMs to optimize traffic signal coordination and programming.
About
Iteris Forward-Looking Statements
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 new solution release and the potential impact and capabilities of such new release. 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 roll out and gain broad market
acceptance for our new solution release; our ability to deliver the new
solution in a timely, easy and efficient manner; ability of the new
solution, including its effects to improve safety and efficiency at
intersections; the potential impact of product and service offerings
from competitors and other competitive pressures; the broad adoption of
the new technology based solutions in the transportation market; and the
impact of general economic, political and other conditions in the
markets we address. Further information on
View source version on businesswire.com: http://www.businesswire.com/news/home/20180116005524/en/
Source:
Iteris Contact
David Sadeghi, (949) 270-9523
dsadeghi@iteris.com
or
Investor
Relations
MKR Group, Inc.
Todd Kehrli, (323) 468-2300
iti@mkr-group.com