KIRKLAND, Wash., April 11, 2012 /PRNewswire/ -- INRIX, the leading
provider of traffic information and connected driver services,
announced the number of customers across its automotive,
mobile and public
sector businesses has doubled in the last year establishing the
company's crowd-sourced traffic network as the largest in the
world.
(Photo: http://photos.prnewswire.com/prnh/20110722/SF39847-b)
In the last 12 months, INRIX signed deals with more than 50 new
customers and launched traffic services for next-generation two-way
connected navigation with Toyota as well as Audi and BMW in
Europe. As the automotive
and mobile markets converge, the company's collaboration with Ford
expanded to include development of Ford SYNC Destinations -- the first smartphone
app offering drivers reliable traffic forecasts and the ability to
send future destinations directly from their phone to their
car.
"INRIX is the fastest growing traffic intelligence platform in
the world," said Bryan Mistele,
INRIX President and CEO. "We are setting the standard for
leveraging Big Data to solve transportation issues
worldwide."
According to research based on INRIX data just published by the
U.S. Treasury Department(1), traffic congestion accounted for
1.9 billion gallons of wasted fuel last year — at a cost of
$7 billion to drivers.
INRIX's efforts focused on applying its expertise in "Big
Data" and proprietary analytics technologies to the problems of
traffic congestion are resulting in breakthroughs designed to
reduce the economic, environmental and individual toll of
gridlock. Additional INRIX momentum includes:
- Automotive: INRIX's real-time traffic information
is used by 20 automakers worldwide. In addition to Ford, next generation two-connected navigation
systems from Audi, Toyota and BMW Europe debuted with customized INRIX
traffic intelligence and connected driver services.
With gas prices soaring worldwide, Audi owners benefit from
INRIX's fuel price services for navigation to the closest, least
expensive gas station.
- Mobile: Eight of the top 12 grossing iPhone
navigation apps with traffic in North
America including ALK, Garmin, MotionX, NAVIGON and TeleNav
are powered by INRIX. In Europe, INRIX traffic intelligence
fuels mobile apps from Bosch, Garmin, NAVIGON, Sygic and Telmap. The company's INRIX Traffic
App is one of the Top 10 most used navigation apps and the only
traffic app that integrates with JVC and Pioneer's in-car
multi-media receivers.
- Public Sector: Twenty-five U.S. State Departments
of Transportation are using INRIX traffic information in their
daily operations, traveler services or congestion performance
measures. In 2012, new projects in Virginia and Ohio in North America
as well as England, Scotland, Germany and
Austria are using INRIX traffic
data and analytics to drive insight that helps them build manage
and measure the performance of their road networks at less cost.
In the largest ongoing test of traffic information in the
world, INRIX has been proven to deliver better coverage at 25
percent of the per mile life cycle cost(1)with the added ability to
reduce user delay costs by up to $100K per incident.(2)
The company further expanded its customer base, coverage and
technical expertise through the acquisition of leading European
traffic provider ITIS Holdings.
About INRIX
INRIX operates the largest global traffic intelligence
platform in the world, delivering smart data and analytics to
solve
transportation issues worldwide. INRIX crowd sources data
daily from approximately 100 million vehicles and devices to
deliver traffic and driving-related insight, as well as
sophisticated analytical tools and services, across six channels in
30 countries.
With more than 200 customers and partners including Audi AG,
ADAC, ANWB, BMW, the BBC, Ford Motor Company, the I-95 Coalition,
MapQuest, Microsoft, NAVIGON, Nissan, O2, Tele Atlas, Telmap, TeleNav, Toyota and
Vodafone, INRIX's real-time traffic information and traffic
forecasts help drivers save time every day. To experience the
traffic technology revolution behind the next generation of
transportation, navigation and location-based service applications,
visit www.INRIX.com.
(1) Source: Vehicle Probe Project One-Pager,
July 2010, http://cot.ag/9QMzF2
(2) In 2008, INRIX helped U.S. traffic operations staff in
New Jersey identify and respond to
a serious accident on a stretch of I-80 during a surprise October
snowstorm that previously wouldn't have been visible using their
CCTV system. Even with traffic data refreshing at a rate
slower than the Highways Agency's 50 second target, New Jersey's Department of Transportation
estimates the expedited response to the second incident translated
into $100,000 in user delay cost
savings. Source: Vehicle Probe Project Benefits White
Paper, August 2010http://cot.ag/9QMzF2
SOURCE INRIX