News

Weather + Traffic = Revenue

Every speed dating conversation we've had can be used as proof: people love talking about weather and traffic. Which is why Fairfax, Va.-based TrafficLand has had a flurry of announcements this month. The company, which aggregates live traffic video from 18,000 cameras in 200 cities, is now working with Global Weather Corp to market a service combing hyper-local forecasts of road and weather. The company has also announced that it’s providing content to WeatherBug’s mobile app. TrafficLand revenue hovers between $5M to $10M and will grow dramatically in the next three years with the advent of in-car systems, says CEO Larry Nelson.

Larry says the next 18 months will be interesting as TrafficLand works with the car industry on providing traffic and weather content to the 4G platform getting ready to go in cars. The company’s partnership with Exelis allows it to provide analytics like current ground-level weather and road conditions. Exelis has a division that builds software that can determine weather conditions based on TrafficLand’s video stream and deliver that info immediately. Cars will be much like smartphones, Larry adds, where consumers will be able to download the apps they want, including navigation tools with real-time local traffic camera video. (Without traffic time, get ready for more men with crooked ties and women without makeup.)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Data Center Energy Bill Stalls In Congress As Opponents Say It Lacked 'Real Teeth'

FedEx's Consolidation Plan Puts $3B Of CMBS Debt In Crosshairs

FBI Opens Investigation Into Multifamily Investor Lurin Capital

DWS Plans Liquidation Of Nontraded REIT After Heightened Redemption Activity

Bisnow's 2026 DEI Data Series

America's Data Centers Are Running Out Of People Who Know How To Run Them

Why Data Centers Crave Simplicity As Operations Grow More Complex

Blackstone Looks To Secondary Market To Cash Out Investors In $11B Fund

CalSTRS Plans $5B In New CRE Investments

Ares, Canadian Pension Investor Launch $2.4B U.S. Logistics JV

Troubled Multifamily Loans Face A Refinancing Problem: Who Puts In New Equity?

Toys R Us Plans 120 New Stores Ahead Of The Holidays