ITI Iteris

South Carolina DOT Awards $1.8 Million SaaS Contract for Use of Iteris’ Cloud-Based Performance Measurement Platform

. (NASDAQ: ITI), the global leader in applied informatics for transportation and agriculture, today announced that the South Carolina Department of Transportation (SCDOT) has awarded a $1.8 million contract to use Iteris iPeMS® to support its statewide transportation network’s performance management program for five years, representing the continued adoption of its software-as-a-service (SaaS) solutions.

This press release features multimedia. View the full release here:

South Carolina DOT Awards $1.8 Million SaaS Contract for Use of Iteris’ Cloud-Based Performance Meas ...

South Carolina DOT Awards $1.8 Million SaaS Contract for Use of Iteris’ Cloud-Based Performance Measurement Platform (Photo: Business Wire)

In combination with real-time and historical traffic data from  – a global leader in mapping and location platform services – iPeMS will give SCDOT the ability to analyze and visualize traffic data to improve roadway mobility and safety across the state and support its . The data is also available to support the state’s , which Iteris developed and has operated since 2013, including a website, mobile apps, and Interactive Voice Response (IVR) telephone system.

IPeMS features include: real-time maps to support traffic operations; real-time bottlenecks to identify and help mitigate congestion; animations to analyze events and optimize response plans; historical trend and route reports, maps and congestion charts to track reliability and support planning; and dynamic route creation for easy analysis of any route in and around South Carolina.

“We are excited to be working with Iteris to improve the safety and efficiency of highways and arterial roads across the state,” said Rob Perry, traffic engineering director at SCDOT. “With both real-time and historical data from the iPeMS platform, our traffic operations, engineers, and planners will have access to actionable insights that will support their operations and planning activities, as SCDOT continues its mission to improve the performance of the state’s roadways.”

“It is our honor and privilege to support both SCDOT’s 10-year highway improvement plan and to improve quality of life for South Carolina’s travelling public,” said Ramin Massoumi, general manager and senior vice president of Transportation Systems at Iteris. “With the implementation of Iteris iPeMS, SCDOT will be able to apply big data to make South Carolina’s roads safer and more efficient statewide.”

Government agencies and municipalities throughout North America, including the , the , the California Department of Transportation and the , use Iteris iPeMS to manage, measure and optimize complex transportation networks.

About Iteris, Inc.

Iteris is the global leader in applied informatics for transportation and agriculture, turning big data into big breakthrough solutions. We collect, aggregate and analyze data on traffic, roads, weather, water, soil and crops to generate precise informatics that lead to safer transportation and smarter farming. Municipalities, government agencies, crop science companies, farmers and agronomists around the world use our solutions to make roads safer and travel more efficient, as well as farmlands more sustainable, healthy and productive. Visit for more information and join the conversation on , and .

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," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," “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 capabilities and benefits of our iPeMS services and impacts of the awarded contract. 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 iPeMS in a cost-efficient manner; the accuracy and completeness of data for iPeMS to analyze; 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 ().

EN
09/10/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Iteris

 PRESS RELEASE

Iteris Reports Record Quarterly Revenue of $45.8 Million

AUSTIN, Texas--(BUSINESS WIRE)-- (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today reported financial results for its fiscal first quarter ended June 30, 2024. Fiscal 2025 First Quarter Financial Highlights Revenues of $45.8 million, up 5.1% year over year compared to an unusually strong prior year period Net new bookings of $48.8 million, resulting in record trailing six months net new bookings of $102.1 million Record Backlog of $126.8 million as of March 31, 2024, up 2.4% year over year Gross profit of $17.3 million, or 37.9% of revenue, comp...

 PRESS RELEASE

Iteris Chosen by City of Lakeland for Smart Mobility and Safety Initia...

TAMPA, Fla.--(BUSINESS WIRE)-- . (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced its selection by the City of Lakeland, Florida to provide smart mobility infrastructure management technologies to support the city’s (iCASP). The project includes the deployment of ®, Iteris’ next-generation video detection system and !®, an easy-to-use, web-based data service that allows users to view activity at their intersections by automatically collecting and analyzing vehicle, bicycle and pedestrian data, removing the need for manual,...

 PRESS RELEASE

Iteris Sets Fiscal First Quarter 2025 Conference Call for Thursday, Au...

AUSTIN, Texas--(BUSINESS WIRE)-- (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it will conduct a conference call on Thursday, August 8th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fiscal first quarter ended June 30, 2024. The financial results will be issued in a press release prior to the call. Iteris president and CEO Joe Bergera and CFO Kerry Shiba will host the call, followed by a question and answer period. Date: Thursday, August 8, 2024 Time: 4:30 p.m. Easter...

 PRESS RELEASE

Iteris Receives $3.75 Million Contract from San Francisco Bay Area Met...

OAKLAND, Calif.--(BUSINESS WIRE)-- . (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced the (MTC) has awarded Iteris a $3.75 million contract for ongoing operational support in the San Francisco Bay Area. This press release features multimedia. View the full release here: Iteris Receives $3.75 Million Contract from San Francisco Bay Area Metropolitan Transportation Commission (Photo: Business Wire) Iteris has been providing telephone system since 2016 and this new contract for the 511 SF Bay Interactive Voice Response (IVR) ...

 PRESS RELEASE

Iteris Awarded $2 Million Texas DOT IDIQ Contract for Smart Mobility a...

AUSTIN, Texas--(BUSINESS WIRE)-- . (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a five-year indefinite delivery/indefinite quantity (IDIQ) contract with a value of up to $2 million by the (TxDOT). This press release features multimedia. View the full release here: Iteris announced that it has been awarded a five-year indefinite delivery/indefinite quantity (IDIQ) contract with a value of up to $2 million by the Texas Department of Transportation (TxDOT). (Photo: Business Wire) Under the terms of...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch