Iteris announced that it has been awarded a three year, over $1M contract from the Ventura County Transportation Commission or VCTC for use of its ClearGuide solution to improve mobility throughout the region. Under the terms of the software as a service SaaS agreement, VCTC will have access to Iteris’ ClearGuide Roadways solution to perform sophisticated mobility analytics. ClearGuide Roadways is an easy-to-use dynamic service that helps agencies improve real-time operations, incident management, work zone mobility, and transportation planning with traffic data and map content powered by HERE Technologies. To enhance the effectiveness of solutions, the software will be available to all cities and other agencies throughout the county.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ITI:
- Iteris management to meet with B. Riley
- Virginia DOT awards new contract to Iteris for ‘smart mobility initiative’
- Iteris awarded $900,000 contract in LA for a regional smart mobility project
- Iteris price target raised to $7 from $6 at EF Hutton
- Iteris price target raised to $8.50 from $6 at B. Riley