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Iteris (ITI) operates in the traffic management market that focuses on the development and application of technologies that reduce traffic congestion, minimize the environmental impact of traffic congestion, and improve the safety of surface transportation systems.
The company operates in three segments: Roadway Sensors, Vehicle Sensors, and Transportation Systems. The Roadway Sensors segment includes Vantage vehicle detection systems, the video vehicle detection systems that detect the presence of vehicles on roadways.
Its Vantage systems are also used at signalized intersections to enable the allocation of green signal time; for incident detection and highway traffic data collection applications; and for traffic intersection control that are sold through indirect sales channels, such as independent dealers in the United States and Canada.
The Vehicle Sensors segment offers AutoVue lane departure warning (LDW) systems, which consists of a small windshield mounted sensor that uses software to detect and warn drivers of unintended lane departures in North America and Europe. It sells its AutoVue LDW systems directly to heavy truck manufacturers and to the United States truck fleets.
The Transportation Systems segment includes transportation engineering and consulting services, which are focused on the planning, design, development, and implementation of surface transportation infrastructure and software-based systems that integrate sensors, video surveillance, computers, and communications equipment to enable public agencies to monitor, control, and direct traffic flow; assist in the quick dispatch of emergency crews; and distribute information `about traffic conditions.
The company also develops transportation management and traveler information systems for the ITS industry. This segment sells its services and systems to local, state, and national transportation agencies in the United States. Iteris, Inc. was founded in 1969 and is headquartered in Santa Ana, California.
Information provided by Capital IQ.
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