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Inrix
INRIX, Inc. is a privately held company headquartered in Kirkland, Washington, US. It provides location-based data and software-as-a-service analytics—such as real-time and historical traffic conditions, road safety, and parking availability—to automakers, businesses, cities, and road authorities worldwide, as well as turn-by-turn navigation applications such as Waze, Google Waze. INRIX also publishes research reports on traffic congestion, parking, roadway safety, retail site selection, and autonomous vehicles in major cities. History INRIX was founded in 2004 by Bryan Mistele and Craig Chapman and spun out technology from Microsoft Research. Since 2005, the company has raised $129 million in venture capital funding over five rounds from August Capital, Venrock, Bain Capital Ventures, Kleiner Perkins, Porsche SE, and Intel Capital. INRIX acquired ITIS (a provider of daily traffic and travel information to European drivers), Alex Israel (businessman)#ParkMe, ParkMe, and Open ...
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Bryan Mistele
Bryan Mistele is the co-founder and CEO of INRIX INRIX, Inc. is a privately held company headquartered in Kirkland, Washington, US. It provides location-based data and software-as-a-service analytics—such as real-time and historical traffic conditions, road safety, and parking availability� ..., a Kirkland-based transportation company and is a frequent speaker on the topic of the future of transportation. Biography Mistele holds a B.S. in computer engineering from the University of Michigan (1986-1990) and an MBA from Harvard Business School (1993-1995). Formerly, Mistele was a member of the Bipartisan Policy Center's National Transportation Policy Project, the United States Department of Transportation's ITS Advisory Committee, and a board member of the Intelligent Transportation Society of America. He joined Microsoft in August 1995 as a program manager responsible for the business & finance category of The Microsoft Network. While at Microsoft, Mistele was responsible ...
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Alex Israel (businessman)
Alexander Israel is an American entrepreneur known for being CEO and co-founder of Metropolis Technologies, the largest parking operator in North America. He previously co-founded ParkMe and served as its chief operating officer. Early life and education Israel graduated from University of Puget Sound in 2006 with bachelor's degree in business and economics. Career ParkMe In 2007, Israel founded the digital parking platform ParkMe. He served as chief product officer and chief operating officer. The platform allows users to find and reserve parking spaces online, and pay for them digitally. By 2013, the company had expanded its services to 28,000 locations and launched a mobile app. ParkMe was acquired in 2015 by INRIX, a spinoff of Microsoft Research which had previously been a partner of ParkMe since 2012. Metropolis Technologies Israel serves as CEO of Metropolis Technologies, which he co-founded in 2017. The company operates paid parking through an artificial inte ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Parking
Parking is the act of stopping and disengaging a vehicle and usually leaving it unoccupied. Parking on one or both sides of a road is often permitted, though sometimes with restrictions. Some buildings have parking facilities for use of the buildings' users. Countries and local governments have rules for design and use of parking spaces. Car parking is essential to car-based travel. Cars are typically stationary around 95 per cent of the time. The availability and price of car parking may support car dependency. Significant amounts of urban land are devoted to car parking; in many North American city centers, half or more of all land is devoted to car parking. Parking facilities Parking facilities can be divided into public parking and private parking. * Public parking is managed by local government authorities and available for all members of the public to drive to and park in. * Private parking is owned by a private entity. It may be available for use by the pub ...
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Road Traffic Management
: ''For the road traffic science, see various articles under Road traffic management.'' Road traffic control involves directing vehicular and pedestrian traffic around a construction zone, accident or other road disruption, thus ensuring the safety of emergency response teams, construction workers and the general public. Traffic control also includes the use of CCTV and other means of monitoring traffic by local or state roadways authorities to manage traffic flows and providing advice concerning traffic congestion. Traffic Control Technicians (TCTs) or Traffic Control Supervisors (TCSs) are often known as "lollipop men" (usually this name only applies to TCTs working near schools to aid pupils in road crossing) from the appearance of their ''Stop/Slow'' signs, known as "Stop bats". Overview Road Traffic control is an outdoors occupation, night or day for long hours in all weathers, and is considered a dangerous occupation due to the high risk of being struck by passing vehicle ...
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Texas A&M Transportation Institute
The Texas A&M Transportation Institute (TTI) in Bryan/College Station, Texas is a transportation research agency in the United States. The institute was created in 1950, primarily in response to the needs of the Texas Highway Department (now the Texas Department of Transportation). TTI is a state agency and a member of the Texas A&M University System. Over 100 TTI researchers publish papers and give presentations at the Transportation Research Board (TRB) annual meeting, with around 50 serving on TRB committees. Since the inception of the National Cooperative Highway Research Program (NCHRP) in 1962, TTI has led over 70 NCHRP projects, more than any other participant in the program. The institute maintains a close association with the Texas A&M University Dwight Look College of Engineering, the College of Architecture, and the George Bush School of Government and Public Service, as well as other academic units within the Texas A&M University System and at other collaboratin ...
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Software As A Service
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike other software delivery models, it separates "the possession and ownership of software from its use". SaaS use began around 2000, and by 2023 was the main form of software application deployment. Unlike most self-hosted software products, only one version of the software exists and only one operating system and configuration is supported. SaaS products typically run on rented infrastructure as a service (IaaS) or platform as a service (PaaS) systems including hardware and sometimes operating systems and middleware, to accommodate rapid increases in usage while providing instant and continuous availability to customers. SaaS customers have the abstraction of limitless computing resources, while economy of scale drives down the cost. Sa ...
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Microsoft Research
Microsoft Research (MSR) is the research subsidiary of Microsoft. It was created in 1991 by Richard Rashid, Bill Gates and Nathan Myhrvold with the intent to advance state-of-the-art computing and solve difficult world problems through technological innovation in collaboration with academic, government, and industry researchers. The Microsoft Research team has more than 1,000 computer scientists, physicists, engineers, and mathematicians, including Turing Award winners, Fields Medal winners, MacArthur Fellows, and Dijkstra Prize winners. Between 2010 and 2018, 154,000 AI patents were filed worldwide, with Microsoft having by far the largest percentage of those patents, at 20%.Louis Columbus, January 6, 201Microsoft Leads The AI Patent Race Going Into 2019 ''Forbes'' According to estimates in trade publications, Microsoft spent about $6 billion annually in research initiatives from 2002 to 2010 and has spent from $10–14 billion annually since 2010. Microsoft Research has made si ...
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Waze
Waze Mobile Ltd, (; ) doing business as Waze (), formerly FreeMap Israel, is a subsidiary company of Google that provides satellite navigation software on smartphones and other computers that support the Global Positioning System (GPS). In addition to turn-by-turn navigation, it incorporates user-submitted travel times and route details while downloading location-dependent information over a cellular network. Waze describes its application as a community-driven initiative that is free to download and use. The software was originally developed in Israel by Waze Mobile, a company founded by Israeli entrepreneurs Ehud Shabtai, Amir Shinar, and Uri Levine, veterans of the Israeli intelligence unit 8200. Funding for the initial project was provided by two Israeli venture capital firms, Magma and Vertex Ventures Israel, as well as by an early-stage American venture capital firm, Bluerun Ventures. In June 2013, Waze Mobile was acquired by Google for US$1.3 billion. The application ...
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Turn-by-turn Navigation
Turn-by-turn navigation is a feature of some satellite navigation devices where directions for a selected route are continually presented to the user in the form of spoken or visual instructions. The system keeps the user up-to-date about the best route to the destination, and is often updated according to changing factors such as traffic and road conditions. Turn-by-turn systems typically use an electronic voice to inform the user whether to turn left or right, the street name, and the distance to the next turn. Mathematically, turn by turn navigation is based on the shortest path problem within graph theory, which examines how to identify the path that best meets some criteria (shortest, cheapest, fastest, etc.) between two points in a large network. History Real-time turn-by-turn navigation instructions by computer was first developed at the MIT Media Laboratory by James Raymond Davis and Christopher M. Schmandt in 1988. Their system, Backseat Driver, monitored the car's posit ...
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Analytics
Analytics is the systematic computational analysis of data or statistics. It is used for the discovery, interpretation, and communication of meaningful patterns in data, which also falls under and directly relates to the umbrella term, data science. Analytics also entails applying data patterns toward effective decision-making. It can be valuable in areas rich with recorded information; analytics relies on the simultaneous application of statistics, computer programming, and operations research to quantify performance. Organizations may apply analytics to business data to describe, predict, and improve business performance. Specifically, areas within analytics include descriptive analytics, diagnostic analytics, predictive analytics, prescriptive analytics, and cognitive analytics. Analytics may apply to a variety of fields such as marketing, management, finance, online systems, information security, and software services. Since analytics can require extensive computation (s ...
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Software-as-a-service
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike other software delivery models, it separates "the possession and ownership of software from its use". SaaS use began around 2000, and by 2023 was the main form of software application deployment. Unlike most self-hosted software products, only one version of the software exists and only one operating system and configuration is supported. SaaS products typically run on rented infrastructure as a service (IaaS) or platform as a service (PaaS) systems including hardware and sometimes operating systems and middleware, to accommodate rapid increases in usage while providing instant and continuous availability to customers. SaaS customers have the abstraction of limitless computing resources, while economy of scale drives down the cost. SaaS arc ...
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