ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Wejo Partners with Esri to Offer a Complete Solution for Improving Mobility with Connected Vehicle Data

Wejo’s Traffic and Journey Intelligence provides a solution combined with cutting-edge mapping and analytics software to provide insight on current issues faced by mobility sector

Wejo, the leader in connected vehicle data, and Esri, the global leader in location intelligence, today announced a new joint solution that will augment the power of Esri’s geographic information system (GIS) technology by providing actual road data from Wejo. Users will be able to complement the existing curated data behind Esri’s powerful location services with traffic and mobility intelligence collected directly from connected vehicles in near real time.

More than 350,000 organizations—including departments of transportation, engineering and construction firms, public safety organizations and insurance providers, among others—rely on Esri for location services and accurate, informed maps developed by using Esri’s ArcGIS technology. Wejo will make an additional 8.6 trillion data points from more than 10.7 million vehicles available to users of Esri’s ArcGIS, a system that connects people, locations and data using advanced mapping and analysis. This solution will be enabled by Wejo’s Intelligence product suite. Initial launches will be:

  • Traffic Intelligence that quickly and easily unlocks unparalleled insight into traffic volumes and flows, as well as congestion.
  • Journey Intelligence that unlocks a deeper understanding of mobility trends by aggregating unique journey data to show not only journey volumes, but also valuable metrics such as average speed and travel times.

As a result, users will be able to analyze relationships, test predictions and inform geographical decision-making across a variety of use cases.

“Connected vehicle data is a rich source of information that has tremendous untapped potential,” said Robert Laudati, Director, Global Partners and Alliances, Esri. “However, it is dynamic, high-volume and complex data, and this valuable solution from Wejo will help our joint customers leverage this wealth of timely and accurate information to make insightful, data-driven decisions regardless of experience.”

“In our quest to put our data to work for good in mobility and beyond, we are always looking for new and innovative ways to make our data more accessible and usable,” said Richard Barlow, CEO of Wejo. “Providing traffic and journey intelligence together with the existing location intelligence available through Esri puts the many intricate pieces in the mobility puzzle together. Now organizations can see the bigger picture in one place and make smarter decisions about everything from operational efficiency and economic development to safety, security and sustainability.”

The companies will continue to work together to advance each other’s complementary technologies and visions. Wejo has Bronze status in the Esri Partner Network and recently attended its annual partner conference to collaborate on building a data-powered future of mobility.

Traffic Intelligence and Journey Intelligence are now available in the Esri ArcGIS Marketplace and customer applications are already underway. Additional data solutions are in development.

About Wejo

Wejo is the leader in connected vehicle data, revolutionizing the way we live, work and travel by transforming and interpreting historic and real-time vehicle data. The company enables smarter mobility by organizing trillions of data points from over 10.7 million vehicles and more than 44.4 billion of journeys globally, across multiple brands, makes and models, and then standardizing and enhancing those streams of data on a vast scale. Wejo partners with ethical, like-minded companies and individuals to turn that data into insights that unlock value for consumers. With the most comprehensive and trusted data, information and intelligence Wejo is creating a smarter, safer, more sustainable world for all. Founded in 2014, Wejo employs more than 150 people and has offices in Manchester in the UK and Detroit in the US. For more information, visit: www.wejo.com.

About Esri

Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit esri.com.

Today @WejoHQ and @Esri announced a new joint solution that leverages #GIS and #ConnectedVehicleData to improve #mobility.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  220.69
+3.55 (1.63%)
AAPL  271.49
+5.24 (1.97%)
AMD  203.78
-2.24 (-1.09%)
BAC  51.56
+0.56 (1.10%)
GOOG  299.65
+9.67 (3.33%)
META  594.25
+5.10 (0.87%)
MSFT  472.12
-6.31 (-1.32%)
NVDA  178.88
-1.76 (-0.97%)
ORCL  198.76
-11.93 (-5.66%)
TSLA  391.09
-4.14 (-1.05%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.