Wejo Addresses Today’s Urban Mobility Challenges with the Release of Wejo’s Historic Traffic Patterns Across the US

New offering helps end users request specific historical traffic data and information they need in an easily consumable format

MANCHESTER, England – June 15, 2022 – Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility cloud and software solutions for connected, electric and autonomous vehicle data, today announced the launch of Wejo Historic Traffic Patterns. This product offers the ability to request highly granular and accurate historical traffic pattern specific information and data over the past several years from any specific location in the US, even if no monitors or sensors were previously installed.

This historical traffic pattern data, which can be attributed to a specific time and location, is derived directly from millions of connected vehicles that have been on up to 95% of America’s roads and highways over the past several years. This new product enables government agencies, civil engineering companies, mapping/navigation providers, logistics companies, and commercial real estate developers to collect information directly through an API from the Wejo platform or through the Wejo analytics portal. Wejo Studio.

Understanding historical behavioral patterns and movement trends is a prerequisite for any organization addressing future urban mobility challenges. This new product from Wejo enables instant access to a window into the past to understand and visualize data, including travel times, highway speeds and upcoming vehicle volume density, as well as harsh braking and rapid acceleration.

“The public and private sectors can use this incredibly accurate historical data and deep insights to create smart mobility plans that can address the challenges of the road network today and tomorrow,” said Richard Barlow, founder and CEO of Wejo. “Historical traffic patterns can help urban planners and government agencies to commercial real estate developers and logistics managers make informed, data-backed decisions to avoid congestion, reduce crashes and save lives.”

Various industries can benefit from this simplified access to highly accurate historical traffic pattern data. They include:

  • Government – The role of government in infrastructure development has to do with planning. Historical traffic pattern data can help government planners and their civil engineering partners design fit-for-purpose highways based on historical and projected traffic volume and flow. They can also look at road segment speeds, driver behavior, and changes based on seasonality to make decisions about overall design, alternate routes during construction, and when is the ideal time to get the job done.
  • Civil Engineers – Civil engineering companies can now access data from the past even if no sensors are installed, and there is no longer a need to place new sensors and wait for data. This can help them provide faster and more accurate reporting to their government planning partners and become more competitive for government bids; this is especially prevalent right now with the new funding associated with the infrastructure bill.
  • commercial real estate – Commercial property developers and managers can quickly view historical traffic patterns around their locations to help place customers on the right property based on the traffic exposure they’re looking for. In addition, Wejo Studio makes it easy for the end user and commercial real estate office to access this knowledge quickly and easily, adding value to their clients.
  • Logistics – Trucking and logistics companies can use historical traffic pattern data to help better understand shipping routes for on-time and consistent delivery and reduce fuel consumption caused by traffic and congestion created by gridlocks. bottle at specific times of the day.
  • Mapping and Navigation – Map and navigation providers consume massive amounts of data that they must analyze and deliver to many clients in many different industries. Historical traffic pattern data can help you quickly and easily improve the accuracy of your data by understanding what happened in the past and getting the data regularly.
  • Autonomous Vehicle – With the advent of autonomous vehicles, it is necessary to simulate an extraordinary number of miles to test the behavior of the car and the processing of autonomous software in various traffic conditions: thanks to the historical traffic pattern, autonomous vehicle manufacturers can reproduce conditions of “real” traffic anywhere. USA and create a complete digital twin of vehicle flows in recent years to train its algorithms faster.

“The ability to access highly granular and accurate historical traffic and congestion data generated by millions of connected vehicles on the road today has myriad applications for private and public sector entities,” said Mark Timms, principal manager of Wejo products. “This can include everything from providing accurate traffic data to inform large infrastructure projects to helping fleets reduce emissions and provide better on-time delivery simply by understanding what traffic looked like at specific locations and times in the year. past”.

For more information on using historical traffic patterns in the Wejo Studio platform, please visit www.wejo.com.

About Wejo
Wejo Group Limited is a global leader in cloud and software analytics for autonomous, electric and connected vehicles, revolutionizing the way we live, work and travel by transforming and interpreting real-time and historical vehicle data. Smart Mobility For Good™ tools and solutions. Wejo enables smarter mobility by organizing trillions of data points collected from approximately 12 million vehicles and 66.8 billion trips to date, across multiple makes, makes and models, and then standardizing and enhancing those data streams. large-scale data. Wejo partners with like-minded and ethical businesses and organizations to turn that data into insights that drive value for consumers. With the most complete and reliable data, information and intelligence, Wejo is creating a smarter, safer and more sustainable world for all. Founded in 2014, Wejo employs over 300 people and has offices in Manchester, UK and in regions where Wejo does business around the world. For more information visit: www.wejo.com or connect with us on LinkedIn, Twitterand Instagram.

Forward-looking statements

This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. For more information, follow this link: https://www.wejo.com/forward-looking-statements

Leave a Comment