| In This News Alert: |
- Inrix Announces Dynamic Fuel Prices Service
- Follow Up Addendum To Frost & Sullivan Study
- Upcoming Events
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Inrix Announces Dynamic Fuel Prices Service
Ideal Service for Navigation Device OEMs, Wireless Application Providers, Fleet Management Services and Portals
Inrix
today announced the availability of Inrix Dynamic Fuel Prices, a
new offering that features enhanced point of interest (POI) data
for 140,000 gas stations and dynamic fuel price data for 100,000
stations in the United States. Inrix is providing the service exclusively
in partnership with Oil Price Information Service (OPIS), the world's
most comprehensive source for petroleum pricing and news information.
The new Inrix Dynamic Fuel Prices service easily integrates with
navigation and local search solutions to provide consumers and businesses
with fuel price data by station for gasoline and diesel. The service,
which is updated on an hourly basis, also includes enhanced POI
data about gas stations such as the location, phone and brand of
the station.
"Our customers asked us to provide a single source for dynamic
traffic and fuel price information," said Kush Parikh, Vice President
of Business Development at Inrix. "The potential for fuel price
savings and routing efficiencies across both commercial and consumer
markets is significant."
The American Trucking Association estimates that trucking industry
fuel costs will surpass $100 billion in 2006 -- a nearly 50% increase
in the last three years. In the consumer market, the average two-driver
household now spends $4,132 on gas annually compared to $2,620 last
year. |
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| Inrix Dynamic Fuel Prices allows navigation and local
search solution providers to display or route to gas stations of
a specific brand or product offering, such as stations that carry
only diesel fuel, or to find the most affordable gas of a specific
grade in any given area. Fleet management service providers can
enable their customers to schedule the most efficient fuel station
stops along a specific long haul route or determine the most efficient
route.
Inrix will showcase its Dynamic Fuel Prices service at the American
Trucking Association (ATA) annual conference in Dallas, Texas on
October 28-30 in Tele Atlas booth # 214.
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Follow Up Addendum To Frost & Sullivan Study
In our last News Alert we announced the
findings from an independent research study titled "Real-Time Traffic
Flow Ground Truth Testing Methodology Validation and Accuracy Measurement"
conducted by Frost & Sullivan. The study evaluated the accuracy and
coverage of real-time traffic data from the Inrix Smart Dust Network relative
to Traffic.com's Road Sensor Network.
The study's conclusion: Frost & Sullivan
selected Inrix as the leading provider of real-time traffic information
in the United States.
Inrix was approached after the publication
of the study and asked to provide additional comparative analysis of the
accuracies between Inrix's and Traffic.com's real-time traffic, distinguishing
between congested traffic conditions and free-flow traffic conditions.
Inrix retained Frost & Sullivan to provide this additional analysis.
There were sufficient trials in the original study across both congested
and free-flow traffic conditions and the results upon Frost & Sullivan's
further analysis in these scenarios were consistent with the overall original
study results:
"Inrix's traffic solution provides comparable accuracies between
congested-traffic and free-flow-traffic conditions in all three cities
while providing superior road coverage within specific markets and across
markets. We maintain our initial finding that, based on coverage and accuracy,
Inrix is currently the leading provider of real-time traffic information."
Frost & Sullivan
The addendum and original study are now available for download by clicking
the links provided below.
Upcoming
Events
Please join Inrix at these upcoming industry events.
To arrange a private meeting, contact: busdev@inrix.com
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2006 ATA Management Conference & Exhibition
October 28-31, 2006
Dallas, TX |
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This annual event rotates between Europe, the Americas and Asia-Pacific
region and comes to the UK for the first time in 2006. The international
ITS community will participate in this prestigious event in significant
numbers and there will be many opportunities to take part as a delegate,
speaker, exhibitor and visitor.
Sponsored by the ATA (American Trucking Association), this conference
will focus on key issues for the trucking industry & innovative
solutions that can help fleet companies operate more effectively &
profitably. |
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Tele Atlas Partner Conference
November 15-17, 2006
Carlsbad, CA |
The Tele Atlas Partner Conference features three days of innovation, inspiration and ideas. You'll see how Tele Atlas' strategic direction and technological advancements will have a big impact on your business. You'll hear from one of the hottest economists in the country and you'll network with the top players in your industry.
Meet Inrix executives at the conference and learn more about Inrix at the Tele Atlas Partner Showcase on November 16.
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Navigation USA 2006
December 5-6, 2006
San Jose, CA |
Navigation USA 2006 is an executive level business conference on in-car and personal navigation technology and navigation market developments. The navigation market has grown significantly in the last two years, however its potential for further adoption remains vast -- 87 million navigation units will be shipped by 2010. This two day event offers high profile industry leaders the chance to meet, plan and forge relationships that will shape the future of navigation services in the USA.
Scott Sedlik, Inrix Vice President of Marketing, is a panelist on the "Real Time Traffic Data - Reactive, Reliable and Robust" panel on December 6.
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