Expanded use of Arity mobility data solutions
augments Iteris’ ClearData and ClearGuide solutions
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology
ecosystem for smart mobility infrastructure management, today
announced a new agreement with Arity, a mobility data and analytics
company, founded by The Allstate Corporation, to integrate a
broader suite of traffic data solutions from Arity into Iteris’
ClearMobility® Platform.
Under this agreement, Iteris’ use of Arity’s near real-time
traffic insights in the US and Canada provides Iteris with the
granular visibility into current driving conditions and patterns to
support Iteris and Arity’s common goals of making transportation
smarter, safer, and more efficient. The inclusion of Arity’s Real
Time Traffic feed further enriches the insights of Iteris’ mobility
intelligence application, ClearGuide® and enhanced mobility data
output, ClearData®.
Arity collects nearly four million trips every hour from its 40
million users, or 15% of US licensed drivers, generating extensive
near-real-time trip data. Iteris uses this data to proactively
monitor traffic flow, characterize actual conditions relative to
target traffic models, and apply artificial-intelligence
capabilities to produce precise, reliable, and actionable traffic
insights.
With Arity, Iteris will expand its offerings to include new
cloud-enabled capabilities that improve intersection signal timing,
solve urban bottlenecks, and target resources to areas that most
need critical infrastructure enhancements. Overall, this
partnership helps Iteris clients better understand the movement of
people, quantify impacts of congestion and benefit from precise,
robust traffic data and analytics services.
"We're proud to partner with Iteris to leverage anonymized
traffic data to make smart transportation solutions more
comprehensive and available," said Peter Levinson, VP of Product,
Arity. "By using data to improve the management of roadways and
signals, we are making transportation smarter, safer, and more
useful for everyone."
“We’re excited to expand our use of Arity’s industry-leading
traffic data in our smart mobility infrastructure ecosystem,” said
Scott Perley, vice president of performance analytics at Iteris.
“With Arity, we’re continuing to increase the coverage, density and
accuracy of our data services for our customers, while enabling new
software capabilities that help to make roadways more effective for
all.”
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.
About Arity
Arity is a mobility data and analytics company that provides
data-driven solutions to companies invested in transportation,
enabling them to deliver mobility services that are smarter, safer,
and more economical. Arity collects and analyzes over a trillion of
miles of driving data to create a greater understanding of how
people move. With the world’s largest driving dataset tied to
insurance claims collected through mobile devices, in-car devices,
and vehicles themselves, Arity derives unique insights that help
insurers, developers, marketers, and communities understand and
predict driving behavior at scale. Arity was founded by the
Allstate Corporation in 2016.
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,"
“outlooks,” “targets,” "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 agreement and the benefits and impacts of data integrated into
the ClearMobility Platform. 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
products in a cost-efficient manner; our ability to effectively
introduce, market and gain broad acceptance of our new and existing
solution offerings; the potential impact of product and service
offerings from competitors and other competitive pressures, such as
competitors’ patents coverage and claims; challenges in the
development of software-based solutions generally; and the impact
of general economic, political 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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version on businesswire.com: https://www.businesswire.com/news/home/20240206036956/en/
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
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