Financial News

Telenav Chooses Iteris’ ClearData Solution to Enhance Navigation Applications

Telenav, Inc. to leverage Iteris’ enhanced mobility data output, broadening Iteris’ data usage in the enterprise market and enhancing Telenav’s navigation

Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, and Telenav, Inc., a leading provider of connected-car and location-based services, today announced that Telenav has chosen Iteris’ ClearData® as their source for traffic and travel information.

ClearData aggregates and validates proprietary and diversely sourced mobility data such as incident, speed and connected vehicle probes and delivers it to public- and private-sector clients via subscription-based direct computer data feeds or application programming interfaces (APIs). Telenav, an industry-leading supplier of navigation solutions, is now leveraging ClearData to help inform and coach drivers in the Telenav Scout Maps application.

Scout Maps (https://www.scoutgps.com/) is a mobile and in-car app that provides live traffic updates, speed limit alerts, and navigation tips for a smarter and safer driving experience. Key functionalities include calculating and offering options of alternative safer routes, offering real-time traffic and speed updates, and giving users a “Safety Score” which provides them with real-time insights into their driving behavior.

Fueled by Telenav’s AI-powered features, Scout Maps puts drivers back in the driver’s seat, showing them safer route calculations and traffic information, including sudden speed limit changes on the road. Along with insights that will alert motorists to their own risky behaviors like hard braking, speeding, or hard acceleration—Scout Maps offers users the ability to share events, notifications, and driving scores with friends or family. This innovative feature can help encourage anyone’s personal driving behaviors, and also offer extra peace of mind for families. For example, it will help give parents the ability to help monitor their teenager’s driving abilities as they begin driving with a license.

With ClearData providing live traffic conditions on the roads, flow speed, incidents and more, Scout Maps users will get more accurate ETA during rush hours, avoid roads with congestions and accidents, and choose safer routes with less probability of having accidents on the go.

“We’re excited to be chosen to provide mobility data to Telenav’s industry-leading navigation applications,” said Will Cousins, senior vice president and chief product officer at Iteris. “With the addition of our proprietary mobility data, Telenav’s solutions will be able to provide even more precise safety scores and navigation for their users while broadening the use of our data.”

“A key part of Telenav’s mission is to connect cars and users in a way that makes driving safe and convenient, and we’re thrilled to be partnering with Iteris to further that goal,” said Ahsan Habib, vice president of professional services at Telenav. “With the addition of ClearData’s dynamic data points, we’ll be able to enhance our navigation capabilities and more easily create the connected, convenient and safe experience we strive for.”

ClearData is a key component of the Iteris ClearMobility® Platform, the most complete solution for continuously monitoring, visualizing and optimizing mobility infrastructure around the world to help ensure that roads are safe, travel is efficient and communities thrive. The ClearMobility Platform applies cloud computing, artificial intelligence, advanced sensors, advisory services and managed services to achieve safe, efficient and sustainable mobility.

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 Telenav

Telenav is a leading provider of connected car and location-based software and services, focused on transforming life on the go for people with safe, convenient, and delightful in-vehicle digital experiences. Our software and services run on tens of millions of vehicles from some of the world’s largest automotive manufacturers. To learn more about how Telenav is enabling automotive companies to deliver unique user experiences in their vehicles visit www.telenav.com.

Copyright 2024 Telenav, Inc. All Rights Reserved.

“Telenav” and the “Telenav” logo are registered trademarks of Telenav, Inc. Unless otherwise noted, all other trademarks, service marks, and logos used in this press release are the trademarks, service marks or logos of their respective owners.

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," “feels,” "anticipates," "expects," "intends," “outlooks,” “targets,” "plans," "seeks," "estimates," "may," “would,” “could,” “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 contract and the benefits and impacts of our ClearMobility Platform solution. 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 solutions 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 service and solution offerings from competitors and other competitive pressures; challenges in the development of software-based solutions generally; and the impact of influences and general economic, political, environment, 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).

Contacts

Iteris Media Contact

Breanna Wallace

Tel: (949) 996-5348

Email: brwallace@iteris.com

Iteris Investor Relations

MKR Investor Relations, Inc.

Todd Kehrli

Tel: (213) 277-5550

Email: todd@mkrir.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback