Iteris Awarded Over $1 Million SaaS Contract by Ventura County Transportation Commission
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Insights
Iteris, Inc.'s new contract with the Ventura County Transportation Commission signifies an important development in the field of smart mobility infrastructure. The deployment of ClearGuide® Roadways solution across Ventura County is poised to enhance traffic management and planning through advanced analytics. This technology leverages cloud computing and artificial intelligence to process data from various sources, including HERE Technologies' map content, to provide actionable insights into traffic patterns.
From an infrastructure perspective, the ability to analyze traffic data in real-time and predict volume estimates with AI can lead to more efficient incident response and better planning for future infrastructure projects. The continuous data stream at 15-minute intervals offers a nuanced view of traffic behavior, which is a significant improvement over traditional methods that often involve sporadic and manual traffic counts. This could result in cost savings by optimizing resource allocation and potentially reducing the need for extensive road expansions through better utilization of existing capacity.
The use of Iteris' ClearData® probe data and AI models to provide traffic volume estimates represents a leap forward in transportation data analytics. The generation of Vehicle Miles Travelled (VMT) and Vehicle Hours of Delay (VHD) metrics will enable transportation authorities to quantify and analyze mobility issues with unprecedented precision. The ability to combine these metrics with other traffic data can lead to a more comprehensive understanding of traffic flow and congestion patterns, facilitating the development of targeted strategies to improve traffic conditions.
For stakeholders, the implications of such detailed analytics include the potential for reduced congestion, improved air quality and enhanced public safety. Moreover, the provision of this service to all cities and agencies within the county suggests a collaborative approach to regional transportation challenges, fostering a unified strategy and potentially setting a precedent for other regions to follow.
The integration of ClearGuide® into Ventura County's transportation management system has broader implications for environmental sustainability and community well-being. Efficient traffic management can lead to reduced vehicle idling and smoother traffic flow, which in turn can lower greenhouse gas emissions and contribute to cleaner air quality. The emphasis on sustainability and accessibility in the announcement aligns with growing environmental concerns and the push for more livable cities.
Furthermore, the data-driven approach to managing transportation infrastructure can help in planning for electric vehicle (EV) charging networks by identifying high-traffic areas where additional infrastructure is needed. This forward-thinking strategy not only addresses current transportation challenges but also prepares the region for future mobility trends and the transition to more sustainable transportation modes.
Iteris’ proprietary mobility data and intelligence software will provide critical transportation analytics and volume data throughout the county
Iteris Awarded Over
Under the terms of the software as a service (SaaS) agreement, VCTC will have access to Iteris’ ClearGuide Roadways solution to perform sophisticated mobility analytics. ClearGuide Roadways is an easy-to-use dynamic service that helps agencies improve real-time operations, incident management, work zone mobility, and transportation planning with traffic data and map content powered by HERE Technologies. To enhance the effectiveness of solutions, the software will be available to all cities and other agencies throughout the county.
Iteris will also provide traffic volume estimates, using Iteris’ ClearData® probe data and advanced learning models powered by industry-leading Artificial Intelligence to deliver estimated volume on roadways throughout the county. These AI-volume estimates are created annually for a majority of roadways in the county, including all freeways and major arterials, providing a continuous picture of volume at 15-minute intervals over the previous year. This data can be combined with other ClearGuide traffic metrics to generate accurate estimates of Vehicle Miles Travelled (VMT) or Vehicle Hours of Delay (VHD), among other derived quantities, for roadways across the county. This provides better coverage for both space and time than traditional methods, which rely on more limited coverage.
The ClearGuide solution is a key component of Iteris’ ClearMobility® Platform, the world’s most complete solution to continuously monitor, visualize and optimize mobility infrastructure. ClearMobility applies cloud computing, artificial intelligence (AI), advanced sensors, advisory services and managed services to help ensure roads are safe, travel is efficient, and communities thrive.
“We’re delighted to be working with Ventura County Transportation Commission to continue improving mobility in
About Iteris, Inc.
Iteris is the world’s trusted technology ecosystem for smart mobility infrastructure management. Delivered through Iteris’ ClearMobility® Platform, our AI-powered end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world, and help bridge legacy technology silos to unlock the future of transportation. That’s why more than 10,000 public agencies and private-sector enterprises focused on mobility rely on Iteris every day. Visit www.iteris.com for more information, and join the conversation on Twitter, LinkedIn and Facebook.
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,” “feels,” “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 awarded contract and the benefits and impacts of our ClearData and ClearGuide solutions. 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 provide our services and solutions in a cost-efficient manner; government funding and budgetary delays, timing and issues; adverse impacts related to project performance timing, changes or cancellation of a project; the potential impacts of service and solution offerings from competitors and such competitors’ patent coverage and claims; and the impact of influences and general economic, political, environment, and other conditions in the markets we address. Further information on Iteris, Inc., including additional risk factors that may affect our forward-looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K, and our other SEC filings that are available through the SEC’s website (www.sec.gov).
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Media Contact
Breanna Wallace
Tel: (949) 996-5348
Email: brwallace@iteris.com
Investor Relations
MKR Investor Relations, Inc.
Todd Kehrli
Tel: (213) 277-5550
Email: todd@mkrir.com
Source: Iteris, Inc.
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