Otonomo Selected by Iteris to Support Traffic Intelligence Solutions for Public Sector and Commercial Enterprise Markets
HERZLIYA, Israel and SAN FRANCISCO and AUSTIN, Texas, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Otonomo Technologies Ltd. (Nasdaq: OTMO), the platform powering the mobility economy, and Iteris (Nasdaq: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced a multi-year agreement to integrate connected vehicle data available through the Otonomo Smart Mobility Data Platform into Iteris’ ClearMobility® Platform. This additional data source will help Iteris unlock new mobility insights from its multiple sources of traffic intelligence, advance its digital mobility infrastructure solutions for the public sector and commercial enterprise customers, and deliver on its mission of creating a future of smarter and connected transportation.
“We are excited to extend our relationship with Otonomo,” said Will Cousins, senior vice president and chief product officer at Iteris. “They offer a world-class platform to ingest, process and publish connected vehicle data. Combined with our other third-party and proprietary mobility data, the data available through Otonomo’s platform will support even more precise traffic assessments, especially for less frequently traveled roads that are not as well supported by existing infrastructure communication systems. With Otonomo, we can continue to unlock the future of mobility infrastructure.”
With its ClearMobility Platform, Iteris’ capabilities include cloud-based mobility applications, safety intelligence and alerts, performance analytics, cellular vehicle-to-everything (C-V2X) solutions, advanced intersection detection, AI-enabled object classification, mobility contextual awareness, travel time and congestion information, corridor management, and transportation planning and operations. To make it easy for customers to benefit from the ClearMobility Platform, Iteris offers its platform-enabled capabilities in a variety of models including an anything-as-a-service (XaaS) basis. Iteris provides these capabilities to a large customer base that includes transportation agencies, media companies, automotive manufacturers, construction and engineering organizations, and risk management enterprises.
“Our work with Iteris comes at a time when there is a pressing need to address the constantly growing and varied data sets available from the private sector,” said Anders Truelsen, chief revenue officer of Otonomo. “One of the biggest opportunities is being able to use the connected vehicle data available through the Otonomo platform to close the data activation gap—the gulf between getting the data and making it actionable—and help them to achieve the full promise of the mobility economy.”
The Otonomo Smart Mobility Data Platform provides easy access to a range of proprietary and patented mobility data solutions that power our customers’ products and services—from curated, high-quality, multi-layered connected vehicle data, standardized and blurred to remove identifiers, to VIN-specific data compliant with data privacy regulations. Customers have used this rich connected vehicle data to:
Our partners gain access to the broadest, most diverse, range of data from connected vehicles with just one contract and one API.
Architected with privacy and security by design, our platform is GDPR, CCPA, and other privacy regulation compliant, ensuring all parties are protected and companies remain privacy compliant across geographies worldwide.
Otonomo has R&D centers in Israel and the UK, with a presence in the United States and Europe.
More information is available at otonomo.io.
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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 product and service offerings; the potential impact of product and service offerings from competitors and other competitive pressures; 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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