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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 (NASDAQ: ITI) has partnered with Sumitomo Electric Industries (SEI) to integrate SEI's advanced pedestrian detection sensor into its ClearMobility® Platform.
This collaboration aims to bring SEI's state-of-the-art radar technology, widely used in Japan to enhance pedestrian safety, to the U.S. market.
The sensor, which has been operational since 2017 in Japan, will provide granular pedestrian data to improve Iteris' mobility dataset, thereby enhancing safety and efficiency for both pedestrians and drivers in the U.S.
The integration is expected to set new safety standards and reduce pedestrian fatalities, which have been rising in the U.S. since 2009.
Telenav has chosen Iteris' ClearData solution to enhance its Scout Maps navigation application. ClearData aggregates and validates mobility data, including traffic incidents, speed, and connected vehicle probes, providing live traffic updates and alternative route options. Scout Maps, powered by Telenav's AI, offers features such as safety scores, real-time traffic updates, and alerts for risky driving behaviors. This integration aims to improve navigation precision and road safety, broadening Iteris' data use in the enterprise market. The partnership highlights both companies' commitment to safer, smarter driving experiences.
Iteris (NASDAQ: ITI) has announced its fiscal fourth quarter and full year 2024 conference call scheduled for Thursday, June 13, 2024, at 4:30 p.m. ET. The company will discuss its financial results for the period ended March 31, 2024. CEO Joe Bergera and CFO Kerry Shiba will host the call, which includes a Q&A session. The financial results press release will be available before the call. Participants can join via a toll-free or international dial-in number, and a replay will be accessible for one week after the call.
Iteris, a leader in smart mobility infrastructure management, will participate in the Maxim Group Virtual TMT Conference on June 4, 2024. President and CEO Joe Bergera will engage in a fireside chat at 3:30 p.m. ET with Maxim’s Senior Research Analyst, Allen Klee. The conference, themed 'Charting the Course: Navigating the Intersection of TMT and Business in the AI era,' will explore the impact of AI and computer vision technologies on various sectors. The event will feature dialogues with CEOs of emerging growth companies. The chat will be webcast live, and registration is available through the Maxim Group website.
Iteris (NASDAQ: ITI) has been selected for a U.S. Trade and Development Agency (USTDA)-funded project to enhance transportation systems in Metro Cebu, Philippines.
The project aims to develop an Intelligent Transportation System (ITS) master plan for Cebu City and 12 other local government units, addressing traffic congestion, delays, and unsafe conditions.
Iteris will lead ITS activities, including assessing current conditions, recommending ITS technologies, reviewing U.S. technology suppliers, and creating the master plan.
The initiative aims to improve traffic management, reduce emissions, enhance road safety, and optimize cargo and passenger movements.
Iteris, Inc. (NASDAQ: ITI) announced its participation in two investor conferences in May 2024, including EF Hutton Annual Global Conference and B. Riley 24th Annual Institutional Investor Conference. The company's president and CEO, Joe Bergera, and CFO, Kerry Shiba, will host one-on-one meetings with institutional investors at these events.
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