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INRIX
INRIX is a private 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 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), ParkMe, and OpenCar in 2011, 2015, and 2016, respectively. Tech ...
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Porsche SE
Porsche Automobil Holding SE, usually shortened to Porsche SE (), is a German multinational corporation primarily known as a holding company of Volkswagen Group with investments in the automotive industry. Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg and is majority owned by the Austrian-German Porsche-Piëch family. The company was founded in Stuttgart as ''Dr. Ing. h.c. F. Porsche GmbH'' in 1931 by Ferdinand Porsche (1875–1951) and his son-in-law Anton Piëch (1894–1952). Corporate structure Porsche SE was created in June 2007 by renaming the old Dr. Ing. h.c. F. Porsche AG, and became a holding company for the families' stake in Porsche Zwischenholding GmbH (50.1%) (which in turn held 100% of the old Porsche AG) and currently is the major shareholder in Volkswagen AG (31.3%) and holds the majority voting rights (53.1%). At the same time, the new Dr. Ing. h.c. F. Porsche AG (Porsche AG) was created for the car manufacturin ...
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Intel Capital
Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies. History Intel Capital was set up in 1991 by Les Vadasz, and Avram Miller. It was originally called Corporate Business Development (CBD). At that time, Intel mainly invested in American companies, and in 1998 95% of investment was in the USA. Over time, investment in non-US companies increased, and by 2012 international investments accounted for about 57%. Intel Capital has invested more than US$12.5 billion in over 1,550 companies in 57 countries. In that timeframe, over 200 portfolio companies have gone public on various exchanges around the world, and mor ...
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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 (TCT's) or Traffic Control Supervisors (TCS's) are often known as "lollipop men" (usually this name only applies to TCT's 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 vehicl ...
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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 software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is considered to be part of cloud computing, along with infrastructure as a service (IaaS), platform as a service (PaaS), desktop as a service (DaaS), managed software as a service (MSaaS), mobile backend as a service (MBaaS), data center as a service (DCaaS), integration platform as a service (iPaaS), and information technology management as a service (ITMaaS). SaaS apps are typically accessed by users of a web browser (a thin client). SaaS became a common delivery model for many business applications, including office software, messaging software, payroll processing software, DBMS software, management software, CAD software, development software, gamification, virtualization, accounting, collaboration, customer relationship managem ...
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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 2002-2010 and has spent from $10–14 billion annually since 2010. Microsoft Research has made sig ...
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Waze
Waze (; he, ווייז, label=Hebrew), 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. 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 generates revenue through hyperlocal advertising to an es ...
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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. It 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 (see big data), the algorithms and software used for analytics harness the most current metho ...
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Software-as-a-service
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is considered to be part of cloud computing, along with infrastructure as a service (IaaS), platform as a service (PaaS), desktop as a service (DaaS), managed software as a service (MSaaS), mobile backend as a service (MBaaS), data center as a service (DCaaS), integration platform as a service (iPaaS), and information technology management as a service (ITMaaS). SaaS apps are typically accessed by users of a web browser (a thin client). SaaS became a common delivery model for many business applications, including office software, messaging software, payroll processing software, DBMS software, management software, CAD software, development software, gamification, virtualization, accounting, collaboration, customer relationship management (CRM ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. 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 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Kirkland, Washington
Kirkland is a city in King County, Washington, United States. A suburb east of Seattle, its population was 92,175 in the 2020 U.S. census which made it the sixth largest city in the county and the twelfth largest in the state. The city's downtown waterfront has restaurants, art galleries, a performing arts center, public parks, beaches, and a collection of public art, primarily bronze sculptures. Kirkland was the original home of the Seattle Seahawks; the NFL team's headquarters and training facility were located at the Lake Washington Shipyard (now Carillon Point) along Lake Washington for their first ten seasons then at nearby Northwest University through 2007. Warehouse chain Costco previously had its headquarters in Kirkland. While Costco is now headquartered in Issaquah, the city is the namesake of its " Kirkland Signature" store brand. History The land around Lake Washington to the east of Seattle was first settled by Native Americans. English settlers arrived in th ...
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