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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 specific data and insights from highly granular and accurate historic traffic patterns over the last several years from any specific location in the US, even if no monitors or sensors were previously installed.
This historic 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 for the past several years. This new product allows government agencies, civil engineering firms, mapping/navigation providers, logistics companies and commercial real estate developers to gather insights directly via an API from the Wejo platform or via the Wejo Studio analytics portal.
Understanding historic behavior patterns and movement trends is a prerequisite for any organization tackling future urban mobility challenges. This new product from Wejo allows instant access to a window into the past to understand and visualize data, including travel times, road speeds, and soon to follow vehicle volume density, as well as harsh braking, and rapid acceleration.
“The public and private sectors can utilize this incredibly accurate historical data and in-depth insights to build smart mobility plans than can address road network challenges today and tomorrow,” said Richard Barlow, Founder and CEO, Wejo. “Historical traffic patterns can help city planners and government agencies to commercial real estate developers and logistics managers make data-backed, informed decisions to avoid congestions, reduce crashes, and save lives.”
Several industries can benefit from this simplified access to highly accurate historic traffic pattern data. They include:
“The ability to access highly granular and accurate historical data about road traffic and congestion generated by millions of connected vehicles on the road today has countless applications for both public and private sector entities,” said Mark Timms, Principal Product Manager at Wejo. “This can include everything from providing accurate traffic data to inform on 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 moments in the past.”
For more information about the utilization of historic traffic patterns on the Wejo Studio platform, visit www.wejo.com.
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 historic and real-time vehicle data Smart Mobility For Good™ products tools and solutions. Wejo enables smarter mobility by organizing trillions of data points collected from approximately 12 million vehicles and 66.8 billion journeys to date, across multiple brands, makes and models, and then standardizing and enhancing those streams of data on a vast scale. Wejo partners with ethical, like-minded companies and organizations to turn that data into insights that unlock value for consumers. With the most comprehensive and trusted data, information and intelligence, Wejo is creating a smarter, safer, more sustainable world for all. Founded in 2014, Wejo employs more than 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, Twitter, and Instagram.
This communication 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, please follow this link: https://www.wejo.com/forward-looking-statements