Google recently removed its realtime traffic data from its Maps product, informing users that they are “currently working to come up with a better, more accurate solution.” It looks like that solution will be provided by realtime car traffic data company Inrix. Google has selected Inrix’s technology to help power its navigation and mapping applications.
Inrix, which just raised $37 million from Kleiner Perkins and August Capital, aggregates and crowdsources real-time traffic information from more than 30 million sources including cars, taxis, delivery vehicles, trucks and other channels, Inrix’s data software aggregates and enhances traffic-related information from hundreds of public and private sources and then sells this data to mobile app developers and websites.
Currently the company offers data for 22 countries across North America and Europe and reaches more than 100 million users. Inrix’s other partners include Audi AG, ADAC, ALK, ANWB, Coyote, the Ford Motor Company, I-95 Coalition, MapQuest, Microsoft, NAVIGON, Tele Atlas, Telmap, TeleNav, Texas Transportation Institute and Toyota. In an ongoing independent test of traffic information in the world, the University of Maryland found Inrix’s real-time traffic information to be accurate within 5 mph of actual traffic speeds over 90 percent of the time.
Inrix says that the flexibility and architecture of its fusion engine and APIs makes it easy tof partners to integrate the data. With Google, Inrix went from contract to implementation in under 45 days. Initially available in 8 countries, Inrix's real-time traffic information for all major motorways will be integrated with Google products and services online and on mobile phones.
The Google deal is no doubt a big win for Inrix. Google Maps is easily one of Google’s more popular products, and a partnership (if things go well) should be a big revenue boots for the Kleiner-backed company.
Inrix, Inc. offers real-time, historical, and predictive traffic information solutions. It offers services, such as INRIX Connected Services, a suite of content services providing navigation OEMs and location-based service application developers with private label and go-to-market solutions for in-vehicle, PND, wireless phone, and other connected devices; INRIX Total Fusion, a traffic data service that combines real-time, predictive, and historical traffic information; INRIX Real-Time Flow that helps to develop real-time traffic data and traffic speed maps; and INRIX Nationwide Traffic...
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Google provides search and advertising services, which together aim to organize and monetize the world’s information. In addition to its dominant search engine, it offers a plethora of online tools and platforms including: Gmail, Maps and YouTube. Most of its Web-based products are free, funded by Google’s highly integrated online advertising platforms AdWords and AdSense. Google promotes the idea that advertising should be highly targeted and relevant to users thus providing them with a rich source of information....
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