THE WAY TO END TRAFFIC CONGESTION
Everyone wants to get from Point A to Point B as fast as possible. As urban communities continue to grow, they often expand faster than their transportation infrastructure. This has led to suffocating traffic in many metro areas.
There is a need for a reliable, real-time, cost-effective solution.
Only MetroTech provides this degree of precision. By using the existing infrastructure, MetroTech collects existing video and sensor data, analyzes it and publishes the results to governments, professional drivers and commuters instantly. This data impacts traffic flow. It saves resources. It saves the environment. It saves time and energy.
- Governments utilize MetroTech’s platform to optimize their existing infrastructure. By aggregating existing sensors and information, MetroTech offers a ground-truth view of their digital streets so they can change their signal timing today and better plan for tomorrow.
- Businesses increase revenue by providing customers with faster service while decreasing hard costs such as gas and staffing. By gathering and analyzing traffic data, companies are able to predict future events, and better plan new routes and locations. The information further helps them with customer behaviors, pricing and more.
- Consumers value their time. They want the most accurate data so they can shorten their commute and add to their quality of life.
How does traffic technology work today?
Current systems are based on probe data, such as smart phones and vehicle monitors, and installed loops. This data is often inconsistent and is received 5-40 minutes after it’s reported. The data cannot be verified by any definitive resource. In addition, the information collected is not granular enough or specific to the lane-level.
Intelligent transportation systems (ITS) aim to find smarter, more coordinated use of transportation systems. However, pulling data from only one source leaves a flawed view of the current situation.
Recent studies have shown that traffic information service providers using GPS data did not provide reliable and accurate information for either highway or arterial roads .
For traffic jams lasting less than or equal to five minutes, no company was able to get above 43% accuracy.
For over five minute traffic jams on surface streets, no company was able to exceed 58% accuracy.
Other issues with competitive solutions include:
- Poor phone position accuracy
- No videos, only maps
- Majority of data is refreshed every 15 minutes
- Probe accuracy depends on the number of users on the road
- Usually need specialized hardware
- Sensors may cost as high as $100,000 per km to install
- Sensors are hard to maintain, operate, and upkeep
