Initiative Demonstrates Iteris’ Continuous Role as Trusted Advisor to FDOT and Public Transportation Agencies Nationwide
Statewide program will enable FDOT to communicate critical travel information to the traveling public, state and local government entities, private-sector partners, and other stakeholders.
Initiative leverages Iteris’ expertise to prepare cities and states for advancements in connected and automated vehicle technology.
Four-year deal marks further expansion of Iteris’ specialized consulting services in
Florida, a key geographic market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220106005189/en/
Iteris Selected to
The data exchange platform will enable FDOT to analyze real-time road conditions and communicate critical travel information to the traveling public, state and local government entities, private-sector partners, and other stakeholders.
The FDOT project is among the first in
“The primary goal of this technology is to save lives and move people more efficiently on roadways by sharing real-time driving conditions,” said
The exchange will capture anonymous data both from standardized onboard units communicating directly with FDOT-owned roadside units and from the proprietary data feeds of various car manufacturers. This connected vehicle data will be fused with a breadth of other data both from FDOT-owned infrastructure and third-party data feeds. This stream of enriched data will be the basis for real-time and historic analysis, leveraging a combination of machine learning and traditional algorithms.
“We are thrilled to join the team responsible for developing this vital V2X data sharing program for FDOT, which will improve safety, mobility and sustainability statewide,” said
In addition to
This project is in line with several CAV and V2X deployments
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 success, impact, and benefits of being selected as part of the team and the project. 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 perform the services on a cost-effective basis; government funding and budgetary issues and potential related scheduling and funding delays; adverse impacts related to performance timing and cancellation of an awarded contract; adverse impacts of general economic, political, and other conditions in the markets we address; and the potential impact of product and service offerings from competitors. Further information on
Tel: (949) 270-9523
MKR Investor Relations, Inc.
Tel: (213) 277-5550