Location technology company TomTom has entered into a new partnership with StreetLight Data Inc, a subsidiary of Jacobs Solutions Inc (NYSE:J).
StreetLight Data provides insights into how people, goods, and services move.
The partnership includes incorporating TomTom’s global data into StreetLight’s growing line of cloud-based products to support transportation professionals with critical analytics, for any road and any mode.
Through the partnership, StreetLight will leverage TomTom’s historical and real-time traffic analytics based on anonymized speed data from more than 600 million connected devices.
“By integrating TomTom’s origin and destination trip information, we will open up powerful new solutions for our clients in infrastructure planning, combating climate change and improving transportation for all,” said StreetLight CEO and VP of Transportation Software at Jacobs, Laura Schewel.
Price Action: J shares closed lower by 0.18% at $136.14 on Wednesday.
