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INRIX

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INRIX, Inc.
Company typePrivate
IndustryTraffic Information
FoundedJuly 2004
FounderBryan Mistele, Craig Chapman
HeadquartersKirkland, Washington, United States
Key people
Bryan Mistele
Number of employees
450 (July '16)
Websitewww.inrix.com

INRIX is a global SaaS and DaaS company which provides a variety of Internet services and mobile applications pertaining to road traffic and driver services. INRIX provides historical, real-time traffic information, traffic forecasts, travel times, travel time polygons and traffic count to businesses and individuals in 50 countries (as of Sept 2016) including the United States, Canada, most of Europe, Brazil and China. It also gathers, curates and reports roadway incidents such as traffic collisions, road closures and road works. INRIX was founded by former Microsoft employees Bryan Mistele and Craig Chapman in July 2004.[1] The headquarters is located in Kirkland, Washington, United States.

Technology

As of June 2016, INRIX collects trillions of bytes of information about roadway speeds from over 300 million real-time anonymous mobile phones, connected cars, trucks, delivery vans, and other fleet vehicles equipped with GPS locator devices.[2] Data retrieved from consumer cellular GPS-based devices including the iPhone, Android, BlackBerry and Windows Phone phones, Ford SYNC and Toyota Entune. The data collected is processed in real-time, creating traffic speed information for major freeways, highways and arterials across North America (United States,[3] Canada), as well as much of Europe, South America, and Africa.

The company keeps a database of variables that affect traffic, including weather forecasts, special events, school schedules and road construction, and combines them with the real-time probe data collected.[1] INRIX uses software originally exclusively licensed from Microsoft[4] to turn those variables into traffic predictions.

In July 2011 – INRIX announced its intent to acquire Manchester, United Kingdom-based ITIS Holdings for approximately $60 million (£37 million). Previously, ITIS Holdings had acquired Trafficlink, the company best known for providing traffic reporting services to the BBC and other UK-based radio stations.

In June 2014 - INRIX and the Traffic Audit Bureau of Media Measurement announced that the US [out of home advertising] industry had standardized their audience measurement vehicle speed data on INRIX data.

On September 10, 2015 - INRIX announced its acquisition of ParkMe,[5] a move designed to make INRIX the "preferred provider of parking information and services to leading automakers, transportation agencies and drivers around the world".

Consumer Applications

The company develops and distributes INRIX Traffic, a free mobile application for iOS (iPhone, iPad and iPod Touch), Android, BlackBerry, Windows Phone smartphones and Windows 8.

References

  1. ^ a b "Inrix Looks for Express Lane". Red Herring. August 31, 2007.[dead link]
  2. ^ White, Joseph B. (August 14, 2008). "New Services Gather Data In an Effort to Track Current And Future Traffic Jams". The Wall Street Journal.
  3. ^ "INRIX Flow Coverage". INRIX, Inc.[dead link]
  4. ^ "Seattle startup Inrix will bring Microsoft Research technology to market". Microsoft PressPass. April 11, 2005.[dead link]
  5. ^ "INRIX ANNOUNCES ACQUISITION OF PARKME". INRIX. September 10, 2015.