Wejo Launches Wejo Labs to Provide Data Scientists with Self-Serve Access to One of the Largest Dataset of Connected Vehicle Data in Order to Perform Advanced Analytics
June 23 2022 - 8:00AM
Business Wire
Platform gives researchers the unique ability
to create fully customized queries and data sets from tens of
millions of connected vehicles without the need for in-house
infrastructure
Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart
Mobility cloud and software solutions for connected, electric and
autonomous vehicle data, today announced the launch of Wejo Labs.
Wejo Labs is a cloud-based platform that allows researchers and
data scientists from universities, research organizations and civil
and traffic engineering consultancies to run traffic and mobility
studies at scale with accurate Connected Vehicle Data (CVD) from
tens of millions of connected vehicles across the US and
Europe.
Traffic and mobility studies can be run with Wejo Labs through
the configuration of CVD on vehicle events. Queries on this data
can lead to a better understanding of how road conditions affect
driving behaviors, validate weather conditions with hyper-local
data points, analyze parking trends and identify roads in which
hazardous driving occurs most often to support safety improvements.
Additionally, users can also leverage the CVD when analyzing
vehicle movements for views into routes and journeys, enhanced
origin-destination studies, congestion management, event planning
and high traffic destinations.
“Part of our smart mobility for good mission at Wejo is to
democratize access to the power of connected vehicle data,” said
Richard Barlow, Founder and CEO of Wejo. “With Wejo Labs, users can
easily experiment with one of the most innovative data sources in
the world to create proof of concepts using innovative technology
that keeps their research and data analysis ahead of the curve to
help shape the future of traffic and road safety. With this
platform, researchers leverage billions of data points to design
future-proof traffic systems and drive the future of smart
mobility.”
Wejo Labs users can also use their preferred programming
language to explore, query and analyze CVD. Data outputs can then
be visualized in various formats, including bar graphs, heat maps,
and map layers, to look at data over a specified time period
interactively and visually. With added support from Wejo’s in-house
data analytics team, the platform simplifies the process for users
by loading the data in for them, geofencing it based on location
and time zone, and then providing all the necessary tools for
analysis.
Designed with data scientists in mind, Wejo Labs is a
cost-effective solution that allows multiple users within the same
organization to get the most out of CVD. The solution is fully
accessible through a user’s internet browser, available without
investing in expensive digital infrastructure or data sets. Users
are also equipped with the ability to license data specific to
researcher projects.
For more information on Wejo Labs, visit www.wejo.com.
About Wejo Wejo Group Limited is a global leader in cloud
and software analytics for connected, electric, and autonomous
vehicles, revolutionizing the way we live, work and travel by
transforming and interpreting historic and real-time vehicle data.
Wejo enables Smart Mobility for Good™ smarter mobility by
organizing trillions of data points collected from approximately 13
million vehicles and 76.7 billion journeys to date, across multiple
brands, makes and models, and then standardizing and enhancing
those streams of data on a vast scale. Wejo partners with ethical,
like-minded companies and organizations to turn that data into
insights that unlock value for consumers. With the most
comprehensive and trusted data, information and intelligence, Wejo
is creating a smarter, safer, more sustainable world for all.
Founded in 2014, Wejo employs more than 300 people and has offices
in Manchester, UK and in regions where Wejo does business around
the world. For more information, visit: www.wejo.com or connect
with us on LinkedIn, Twitter, and Instagram.
Forward-Looking Statements This communication contains
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. For more information, please follow
this link: https://www.wejo.com/forward-looking-statements
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version on businesswire.com: https://www.businesswire.com/news/home/20220623005142/en/
Media: Ben Hohmann, Wejo Ben.hohmann@wejo.com
Danielle Montana, Peppercomm on behalf of Wejo
dMontana@peppercomm.com
Investors: Tahmin Clarke, Wejo tahmin.clarke@wejo.com
Idalia Rodriguez, Arbor Advisory Group on behalf of Wejo
investor.relations@wejo.com
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