Enhancements Provide SaaS-based Advanced Analytics for Multimodal Mobility.
SANTA ANA, Calif. – Oct. 18, 2017 – Iteris, Inc. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced the availability of a series of advanced analytics features with the Fall release of Iteris iPeMS®. iPeMS is a leading data visualization performance measurement platform deployed across 13 states and two countries, covering more than 105,000 roadway miles.
Over the last 12 months, Iteris has added significant new analytics features to iPeMS, including: real-time bottleneck detection for linear and branching bottlenecks; animation tools for historical data analysis; Connected Citizens support for Waze incident analysis; and implementation of a dynamic MAP-21 dashboard to support required federal performance measurement. The software also includes features that measure the financial and economic impact of congestion and delay. Additionally, Iteris has refactored the iPeMS database and interface layer to deliver the application on a SaaS basis. This has reduced the time and effort to deploy iPeMS, as well as enabled Iteris to offer distinct product tiers based on the different needs of its customers.
“We are pleased with the strong customer response to our offering of the industry’s most sophisticated performance analytics on a fully SaaS basis,” said Ramin Massoumi, senior vice president and general manager of Transportation Systems at Iteris. “iPeMS enables transportation organizations to make smarter operational decisions for multiple modes of mobility and, also, serves as a powerful platform to analyze and monitor connected and autonomous vehicle information. Since we began refactoring the iPeMS application architecture for SaaS delivery a year ago, we have nearly doubled our municipal customer deployments.”
Iteris is at the forefront of data analytics, data visualization, and communications technologies for transportation infrastructure. Designed to address transportation mobility and safety challenges, iPeMS is the industry leader in performance measurement.
About Iteris, Inc.
Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. We collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. Municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive. Visit www.iteris.com for more information.
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 release of the iPeMS new features and the potential impact and capabilities of such new release. 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 roll out and gain broad market acceptance for our release of the new iPeMS features; our ability to deliver iPeMS in a timely, easy and efficient manner; the accuracy and completeness of data for iPeMS to analyze; the potential impact of product and service offerings from competitors and other competitive pressures; the broad adoption of the new technology based solutions in the transportation market; 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).
Iteris Contact
Tom Roberts
Tel: (949) 270-9572
Email: tlr@iteris.com
Iteris Investor Contact
Todd Kehrli
Tel: (323) 468-2300
Email: iti@mkr-group.com
