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Iteris, Inc. (NASDAQ: ITI) is a global front-runner in applied informatics, particularly within the transportation and agriculture sectors. The company specializes in transforming vast amounts of data into actionable insights that drive significant advancements. By collecting, aggregating, and analyzing information on traffic, roads, weather, water, soil, and crops, Iteris provides precise informatics that enhance safety in transportation and promote smarter farming practices.
Municipalities, government agencies, crop science companies, farmers, and agronomists worldwide rely on Iteris' solutions to make roads safer, travel more efficient, and farmlands more sustainable, healthy, and productive. The company's extensive portfolio includes smart mobility infrastructure management solutions such as traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, and advanced sensing devices.
Iteris offers cloud-enabled, end-to-end solutions that empower public transportation agencies, municipalities, commercial entities, and other transportation infrastructure providers to monitor, visualize, and optimize mobility infrastructure. This leads to safer, more efficient, and sustainable transportation for all. Among its software solutions are ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, and TrafficCarma.
Recently, Iteris has made significant strides in enhancing its offerings and expanding its market presence. The company has formed strategic partnerships and launched innovative projects that leverage cutting-edge technology to address emerging needs in both transportation and agriculture sectors. Financially, Iteris continues to show solid performance, reflecting its robust business model and commitment to delivering high-value solutions.
For more information, visit www.iteris.com.
Iteris, Inc. (NASDAQ: ITI) has been invited to present at the B. Riley Securities 22nd Annual Institutional Investor Conference on May 25-26, 2022, at The Beverly Hilton, Beverly Hills, CA. President and CEO Joe Bergera and CFO Douglas Groves will present on May 26 at 1:40 p.m. PT. They will also participate in one-on-one meetings with investors. The presentation will be webcast live and available for replay via the company's investor relations webpage.
Iteris is recognized for its smart mobility infrastructure management technology, with over 10,000 agencies relying on its solutions.
Iteris, a leader in smart mobility infrastructure, has secured a new task order under a
Iteris has secured a
Iteris has expanded its partnership with Total Traffic & Weather Network (TTWN) to enhance mobility intelligence solutions targeting both public and commercial sectors. This multi-year agreement focuses on addressing the pandemic-induced shifts in traffic patterns by integrating TTWN's traffic incident data with Iteris' ClearMobility™ Cloud. The collaboration aims to provide comprehensive traffic information to various industries, reflecting the increased demand for accurate data as traffic congestion returns to pre-pandemic levels with more variability.
Iteris, awarded a three-year open-ended on-call contract by the Virginia Department of Transportation (VDOT), aims to enhance transportation safety and mobility in the Mid-Atlantic region. The contract, which has an unlimited ceiling and is renewable for two additional years, involves support for transportation system operations, connected vehicle programs, and integrated corridor management. This deal signals ongoing demand for Iteris' consulting services, potentially opening avenues for federal funding under the Infrastructure Investment and Jobs Act to bolster infrastructure improvements.
Iteris, selected by the University of Michigan’s Transportation Research Institute, will participate in a $20 million U.S. Department of Transportation-funded project focused on enhancing connected vehicle safety. Over three years, Iteris will deploy its Vantage Fusion technology at more than 20 intersections in Ann Arbor, Michigan. This initiative aims to demonstrate significant safety benefits via vehicle-to-everything (V2X) systems, involving partnerships with industry leaders such as Ford, Toyota, and Qualcomm.
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