Iteris, a prominent supplier of intelligent traffic management information solutions, has entered into an agreement with Tinga to make Iteris’ products available on Tinga’s AIR Exchange™ (AIREX™). The deal gives Iteris the opportunity to have a presence on the first and only cloud-based independent marketplace that provides access to financially actionable information and reports to investors.
The agreement stipulates that Iteris’ traffic and weather information products and services will be offered on the AIREX online marketplace for use by asset managers, hedge funds, registered investment advisors, corporate buyers, and other investment professionals.
“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.”
Iteris is known for developing the next generation of intelligent traffic and weather-related information solutions. These breakthrough solutions should usher in the power of big data to the prediction of traffic and weather conditions, and the delivery of actionable information to public and commercial marketplaces.
For further information, please visit www.tingatech.com and www.iteris.com
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