Iteris Unveils Advanced Analytics Features with Iteris iPeMS Fall Release
October 18 2017 - 8:30AM
Business Wire
Enhancements Provide SaaS-based Advanced
Analytics for Multimodal Mobility
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.
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Iteris has added new analytics features
to iPeMS, including real-time bottleneck detection for linear and
branching bottlenecks. (Photo: Business Wire)
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).
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Iteris ContactTom Roberts,
949-270-9572tlr@iteris.comorIteris Investor ContactTodd
Kehrli, 323-468-2300iti@mkr-group.com
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