ITS

Iteris Chosen to Support Intelligent Transportation Systems Project in Los Angeles County

Retrieved on: 
Tuesday, February 13, 2024

(NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the City of Downey in Los Angeles County, California for a regional smart mobility project.

Key Points: 
  • (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the City of Downey in Los Angeles County, California for a regional smart mobility project.
  • View the full release here: https://www.businesswire.com/news/home/20240213671547/en/
    Iteris Chosen to Support Intelligent Transportation Systems Project in Los Angeles County (Photo: Business Wire)
    The five-month, nearly $900,000 contract was awarded under the Downey Citywide Bus Signal Priority Project and will involve the installation of technology to enable buses to request priority at signalized intersections.
  • This project is part of Iteris’ new Intelligent Transportation Systems (ITS) Build initiative that focuses on delivering specialized ITS installation services for Iteris traffic sensors, as well as other ITS hardware.
  • It also signifies the ongoing growth of Iteris’ ITS Build initiatives on the West Coast, aiming to enhance the value, efficiency and robustness of the area’s current transportation infrastructure."

Marqeta Announces New Credit Customer Internet Travel Solutions (ITS), Building Momentum for Key New Product

Retrieved on: 
Tuesday, February 13, 2024

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new customer, Internet Travel Solutions (ITS), a leading provider of travel management software that will utilize Marqeta’s comprehensive credit card platform to launch a multi-use travel and expense (T&E) commercial credit card for the mid-sized business market.

Key Points: 
  • Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new customer, Internet Travel Solutions (ITS), a leading provider of travel management software that will utilize Marqeta’s comprehensive credit card platform to launch a multi-use travel and expense (T&E) commercial credit card for the mid-sized business market.
  • ITS has strategically partnered with Marqeta to build customizable credit card solutions that help businesses streamline expenses, access capital and boost operational efficiency.
  • Marqeta’s credit card platform gives ITS control over the customer experience, supported by a unified, modern tech stack and program management capabilities, enabling them to develop credit solutions tailored to individual business needs.
  • “Marqeta is proud to partner with ITS, a pioneer in travel technology, delivering on our promise to provide dynamic and embedded credit experiences that transform customer loyalty and establish lasting relationships.”

IT Asset Disposition Market worth $26.6 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 6, 2024

Secure IT asset disposition programs often integrate refurbishing and remarketing efforts to extract value from disposed devices and components that still hold utility.

Key Points: 
  • Secure IT asset disposition programs often integrate refurbishing and remarketing efforts to extract value from disposed devices and components that still hold utility.
  • To manage retired IT assets effectively, companies of considerable scale are increasingly adopting IT asset disposition practices.
  • North America to hold the largest share of the IT asset disposition market during the forecast period.
  • Ltd.(India); CHG-MERIDIAN (Germany); Park Place Technologies (US); TBS Industries Inc. (US); ReluTech (US);and Prolimax (Netherlands) are the major players in IT asset disposition companies .

IT Asset Disposition Market worth $26.6 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 6, 2024

Secure IT asset disposition programs often integrate refurbishing and remarketing efforts to extract value from disposed devices and components that still hold utility.

Key Points: 
  • Secure IT asset disposition programs often integrate refurbishing and remarketing efforts to extract value from disposed devices and components that still hold utility.
  • To manage retired IT assets effectively, companies of considerable scale are increasingly adopting IT asset disposition practices.
  • North America to hold the largest share of the IT asset disposition market during the forecast period.
  • Ltd.(India); CHG-MERIDIAN (Germany); Park Place Technologies (US); TBS Industries Inc. (US); ReluTech (US);and Prolimax (Netherlands) are the major players in IT asset disposition companies .

ITS Logistics Releases ContainerAI: Saves Customers Tens of Millions in Demurrage and Detention Fees

Retrieved on: 
Monday, February 5, 2024

RENO, Nev., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today announced its proprietary, custom-built container management and visibility platform, ContainerAI .

Key Points: 
  • RENO, Nev., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today announced its proprietary, custom-built container management and visibility platform, ContainerAI .
  • By offering comprehensive insights into the ocean voyage, trucking milestones, rail transport, and port-related charges, ContainerAI equips shippers with the foresight to reduce costs, avoid fees, and optimize supply chains.
  • Today, 99.8% of all ITS customer container movements are managed through the platform and the highest use customer—a fortune 500 manufacturing company—has already saved tens of millions of dollars in demurrage and detention fees.
  • Our customers have already experienced immediate operational and financial benefits with ContainerAI,” says Paul Brashier, Vice President of Drayage and Intermodal at ITS Logistics.

Online Education Market to Record Growth of USD 148.22 billion from 2022 to 2027, 2U Inc., and Alef Education Consultancy LLC to Emerge as Some of the Key Companies- Technavio

Retrieved on: 
Friday, February 2, 2024

The online education segment offers individualized learning through subscription-based courses, catering to STEM subjects like science, technology, engineering, and mathematics.

Key Points: 
  • The online education segment offers individualized learning through subscription-based courses, catering to STEM subjects like science, technology, engineering, and mathematics.
  • By geography, the global online education market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global online education market.
  • The digital English language learning market size is forecast to increase by USD 21.58 billion, at a CAGR of 17.87% between 2023 and 2028.

Breaking News Announcements Happening at Manifest Vegas 2024

Retrieved on: 
Thursday, February 1, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Those innovating and transforming end-to-end supply chain and logistics are set to make news in February and they are choosing to do it at Manifest Vegas 2024. Over 35 companies are set to unveil new products or partnerships, show off C-Suite additions and or tout funding rounds. The impressive list of news-makers includes:

Key Points: 
  • "Surgere is excited to be a sponsor and exhibitor at Manifest Vegas 2024.
  • "Manifest Vegas is the perfect venue for ITS to announce our new container management and visibility platform, ContainerAI," said ITS Logistics CCO, Josh Allen.
  • Press releases from companies making announcements will appear in the Manifest Virtual Press Room starting at 9:00 am EST on February 5th.
  • Manifest Vegas attendees will have the opportunity to meet with all news-making companies in the Expo Hall.

ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification

Retrieved on: 
Saturday, February 3, 2024

ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification

Key Points: 
  • ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification
    The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the first set of final draft technical standards under the Digital Operational Resilience Act (DORA) aimed at enhancing the digital operational resilience of the EU financial sector by strengthening financial entities’ Information and Communication Technology (ICT) and third-party risk management and incident reporting frameworks.
  • RTS on ICT risk management framework and on simplified ICT risk management framework
    The draft RTS on ICT risk management framework identify further elements related to ICT risk management with a view to harmonise tools, methods, processes and policies.
  • The RTS identify the key elements that financial entities subject to the simplified regime and of lower scale, risk, size and complexity would need to have in place, setting out a simplified ICT risk management framework.
  • The RTS ensure the ICT risk management requirements are harmonised among the different financial sectors.

ITS Logistics January Port Rail Ramp Index: West Coast Set to Experience Increased Transpacific Volumes Due to Seasonal Lunar New Year and Geopolitical Unrest

Retrieved on: 
Monday, January 22, 2024

This month, the index reveals increased transpacific volumes on the U.S. West Coast due to seasonal Lunar New Year restock as well as the strong possibility of congestion at East Coast ports.

Key Points: 
  • This month, the index reveals increased transpacific volumes on the U.S. West Coast due to seasonal Lunar New Year restock as well as the strong possibility of congestion at East Coast ports.
  • As a result, underutilized West Coast ports are expected to become stressed, especially in the Los Angeles and Long Beach terminals.
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Arbe Celebrates Milestone Achievements as Sensrad Announces Major Customer Orders for Revolutionary Radar Technology

Retrieved on: 
Thursday, January 18, 2024

TEL AVIV, Israel, January 18, 2023 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar Solutions, announced today that its tier 1, Sensrad AB, reported significant customer orders for radar systems leveraging Arbe’s chipset.

Key Points: 
  • TEL AVIV, Israel, January 18, 2023 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar Solutions, announced today that its tier 1, Sensrad AB, reported significant customer orders for radar systems leveraging Arbe’s chipset.
  • The recent orders from global companies underscore the market's recognition of the transformative impact of Arbe's radar chipset technology, integrated into Sensrad's Hugin Imaging Radar systems.
  • Key highlights of the Sensrad announcement of its customer orders include:
    An order from an American autonomous transportation global manufacturer.
  • “The recent success demonstrates that Arbe based cutting-edge radar solutions are gaining traction among industry leaders seeking state-of-the-art sensing technology,” says Kobi Marenko, Chief Executive Officer at Arbe.