Global partnership expands Iteris’ traffic and weather information

In a deal that will see their traffic and weather solutions offered outside the transportation market, Iteris has entered into an agreement with Tinga to provide Iteris’ products on Tinga’s Air Exchange (Airex), a cloud-based independent marketplace that gives investors on-demand access to financially actionable information and reports. Under the agreement, Iteris’ traffic and weather information products and services are offered on the Airex online marketplace, opening new markets for Iteris to deliver
January 29, 2014 Read time: 2 mins
In a deal that will see their traffic and weather solutions offered outside the transportation market, 73 Iteris has entered into an agreement with Tinga to provide Iteris’ products on Tinga’s Air Exchange (Airex), a cloud-based independent marketplace that gives investors on-demand access to financially actionable information and reports.

Under the agreement, Iteris’ traffic and weather information products and services are offered on the Airex online marketplace, opening new markets for Iteris to deliver differentiated traffic and weather information products and services.

A new generation of Iteris intelligent traffic and weather-related information solutions should bring the power of big data to the prediction of traffic and weather conditions, and the delivery of actionable information to both the public and commercial marketplaces.

“Our partnership with Tinga demonstrates the need for our traffic and weather solutions in markets outside of transportation,” said Tom Blair, senior vice president, iPerform at Iteris. “Soon, global investors who seek relevant information to make important investment decisions will have direct access to purchase Iteris products and services through the Tinga AIR Exchange online marketplace. We look forward to working with Tinga and being the first in the traffic and weather management market to leverage their services.”

Stephen Kuhn, CEO of Tinga, commented: "For many investors, traffic and weather information is a key component of investment analysis and decision making. Using Tinga’s AIR Exchange, Iteris is now able to offer timely, accurate and actionable weather and traffic information that our customers need to be competitive in today’s investor environment.  We're excited to partner with Iteris, and look forward to offering its industry-leading products and solutions through the Air Exchange.”
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