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Iteris Inc's Business Segments
Iteris Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 45
Regions Reported
-
Iteris Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Product53.8%
- Service47.2%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Product | $ 24 | 53.8% |
| Service | $ 21 | 47.2% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Iteris Inc
Iteris, Inc. is a provider of essential applied informatics that enable smart
transportation and digital agriculture. Municipalities, government agencies, crop
science companies, farmers and agronomists use our solutions to make roads safer
and travel more efficient, as well as farmlands more sustainable, healthy and
productive.
Iteris Inc. operates through several key segments, each providing a range of products and services designed to enhance transportation efficiency, safety, and management, while also catering to agricultural and weather analytics. Below is a comprehensive overview of these segments, their products and services:
1. Roadway Sensors
The Roadway Sensors segment employs advanced image and signal processing technologies to capture and analyze sensor data using sophisticated algorithms. This segment focuses on the detection of vehicles, bicycles, and pedestrians, while also enabling the transmission of video images and data over various communication technologies. Key products in this segment include:
- Vantage Systems: A suite of detection systems that utilize up to four advanced cameras or radar devices to monitor vehicle presence, count vehicles, measure speed, and collect other traffic-related data for management systems. These systems support traffic managers in visualizing traffic patterns and adjusting signal timings to mitigate roadway congestion.
- Vantage Vector: A hybrid video/radar detection sensor offering advanced safety features, including stop bar and zone detection, high accuracy in vehicle and bicycle detection, as well as dilemma-zone detection.
- VantageLive!: A cloud-based platform that facilitates the collection, processing, and analysis of intersection activity, providing users with visualization tools to understand traffic behavior.
- SmartCycle Technologies: These capabilities are integral to enhancing traffic signal management for bicyclists. The SmartCycle system distinguishes between bicycles and motor vehicles using a single video detection camera and provides virtual detection zones for bicycles at intersections, optimizing traffic flow while ensuring bicyclist safety.
- SmartCycle Bike Indicator: A device mounted on traffic signals that indicates detection of waiting cyclists, allowing them to avoid the need to interact with vehicular traffic.
- PedTrax: A feature that enables bi-directional counting and speed tracking of pedestrians within crosswalks, improving signal timing effectiveness and providing additional data analytics to complement vehicle and bicycle counts.
- VersiCam: An integrated camera and processor system designed as a cost-effective video detection solution for smaller intersections.
- OEM Products: Complementary products such as traffic signal controllers and cabinets aimed at enhancing traffic management systems.
Transportation Systems
The Transportation Systems segment centers on engineering and consulting services, assisting public agencies in the planning, design, development, and implementation of Intelligent Transportation Systems (ITS). Key offerings include:
- Consulting Services: Comprehensive services covering the operation and management of transportation infrastructure. This includes traffic flow monitoring, emergency vehicle dispatching, and real-time traffic condition reporting.
- iPeMS (Intelligent Performance Measurement System): This advanced information management software suite provides prescriptive analytics to assess current and forecasted traffic patterns. It helps professionals optimize traffic infrastructure resources and performance, incorporating predictive analytics and visualization tools.
- Commercial Vehicle Operations Platforms: Including CVIEW-Plus, CheckPoint, UCRLink, and inspect, these platforms streamline vehicle safety compliance and promote efficient management of commercial vehicle operations.
Agriculture and Weather Analytics
The Agriculture and Weather Analytics segment provides innovative solutions for weather management and agricultural efficiency through its ClearPath Weather and ClearAg solutions:
- ClearPath Weather: A sophisticated web-based system equipped with a suite of tools that enable users to analyze historical weather, generate short-term and long-range forecasts, and customize weather and pavement forecast tools. These tools assist transportation agencies and commercial entities in managing roadway maintenance effectively.
- ClearAg Solutions: Designed for the agricultural sector, combining weather and agronomic data with proprietary modeling and analytics. The platform helps agricultural professionals maximize efficiency and sustainability on farmlands by providing insights on irrigation, planting, spraying, fertilizing, and harvesting based on accurate weather and soil conditions.
- ClearAg API: These application programming interfaces enable integration of ClearAgs robust analytics and insights into the systems of large enterprises in agriculture, allowing for tailored approaches based on empirical data.
- ClearAg WeatherPlot and ClearAg Insights: Applications developed to assist agronomists in understanding weather impacts on crop treatments, thereby optimizing decision-making processes related to agriculture.
Summary
Iteris Inc. stands at the intersection of transportation efficiency and agricultural optimization through cutting-edge technology and analytics. Its integrated solutions across the Roadway Sensors, Transportation Systems, and Agriculture and Weather Analytics segments offer comprehensive tools for enhancing safety, improving traffic management, and fostering agricultural productivity in an increasingly data-driven environment. Each segment continues to evolve with a commitment to innovation and excellence in addressing the challenges faced by public agencies and agricultural businesses alike.
1. Roadway Sensors
The Roadway Sensors segment employs advanced image and signal processing technologies to capture and analyze sensor data using sophisticated algorithms. This segment focuses on the detection of vehicles, bicycles, and pedestrians, while also enabling the transmission of video images and data over various communication technologies. Key products in this segment include:
- Vantage Systems: A suite of detection systems that utilize up to four advanced cameras or radar devices to monitor vehicle presence, count vehicles, measure speed, and collect other traffic-related data for management systems. These systems support traffic managers in visualizing traffic patterns and adjusting signal timings to mitigate roadway congestion.
- Vantage Vector: A hybrid video/radar detection sensor offering advanced safety features, including stop bar and zone detection, high accuracy in vehicle and bicycle detection, as well as dilemma-zone detection.
- VantageLive!: A cloud-based platform that facilitates the collection, processing, and analysis of intersection activity, providing users with visualization tools to understand traffic behavior.
- SmartCycle Technologies: These capabilities are integral to enhancing traffic signal management for bicyclists. The SmartCycle system distinguishes between bicycles and motor vehicles using a single video detection camera and provides virtual detection zones for bicycles at intersections, optimizing traffic flow while ensuring bicyclist safety.
- SmartCycle Bike Indicator: A device mounted on traffic signals that indicates detection of waiting cyclists, allowing them to avoid the need to interact with vehicular traffic.
- PedTrax: A feature that enables bi-directional counting and speed tracking of pedestrians within crosswalks, improving signal timing effectiveness and providing additional data analytics to complement vehicle and bicycle counts.
- VersiCam: An integrated camera and processor system designed as a cost-effective video detection solution for smaller intersections.
- OEM Products: Complementary products such as traffic signal controllers and cabinets aimed at enhancing traffic management systems.
Transportation Systems
The Transportation Systems segment centers on engineering and consulting services, assisting public agencies in the planning, design, development, and implementation of Intelligent Transportation Systems (ITS). Key offerings include:
- Consulting Services: Comprehensive services covering the operation and management of transportation infrastructure. This includes traffic flow monitoring, emergency vehicle dispatching, and real-time traffic condition reporting.
- iPeMS (Intelligent Performance Measurement System): This advanced information management software suite provides prescriptive analytics to assess current and forecasted traffic patterns. It helps professionals optimize traffic infrastructure resources and performance, incorporating predictive analytics and visualization tools.
- Commercial Vehicle Operations Platforms: Including CVIEW-Plus, CheckPoint, UCRLink, and inspect, these platforms streamline vehicle safety compliance and promote efficient management of commercial vehicle operations.
Agriculture and Weather Analytics
The Agriculture and Weather Analytics segment provides innovative solutions for weather management and agricultural efficiency through its ClearPath Weather and ClearAg solutions:
- ClearPath Weather: A sophisticated web-based system equipped with a suite of tools that enable users to analyze historical weather, generate short-term and long-range forecasts, and customize weather and pavement forecast tools. These tools assist transportation agencies and commercial entities in managing roadway maintenance effectively.
- ClearAg Solutions: Designed for the agricultural sector, combining weather and agronomic data with proprietary modeling and analytics. The platform helps agricultural professionals maximize efficiency and sustainability on farmlands by providing insights on irrigation, planting, spraying, fertilizing, and harvesting based on accurate weather and soil conditions.
- ClearAg API: These application programming interfaces enable integration of ClearAgs robust analytics and insights into the systems of large enterprises in agriculture, allowing for tailored approaches based on empirical data.
- ClearAg WeatherPlot and ClearAg Insights: Applications developed to assist agronomists in understanding weather impacts on crop treatments, thereby optimizing decision-making processes related to agriculture.
Summary
Iteris Inc. stands at the intersection of transportation efficiency and agricultural optimization through cutting-edge technology and analytics. Its integrated solutions across the Roadway Sensors, Transportation Systems, and Agriculture and Weather Analytics segments offer comprehensive tools for enhancing safety, improving traffic management, and fostering agricultural productivity in an increasingly data-driven environment. Each segment continues to evolve with a commitment to innovation and excellence in addressing the challenges faced by public agencies and agricultural businesses alike.