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 TrafficCast lands Shanghai deal |
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valley
头衔: 海归上校
声望: 学员
加入时间: 2004/02/20
文章: 662
海归分: 89859
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作者：valley 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
Associated Press
March 24, 2004
A Madison traffic management firm has landed a multimillion-dollar deal to create a high-tech system to monitor traffic, predict bottlenecks and ease gridlock in Shanghai, China.
TrafficCast Inc. reached the agreement this week with the Shanghai municipal government during Gov. Jim Doyle's 12-day trade mission to China.
"This is a great example of a Wisconsin-developed technology and a Wisconsin-developed business that has found a significant market in China," Doyle told a Milwaukee Journal Sentinel reporter traveling with the trade mission in China.
TrafficCast, which has ties to the University of Wisconsin-Madison's College of Engineering, had been in talks for months but reached the agreement during negotiations Monday and Tuesday.
The privately held company declined to reveal terms of the agreement other than to describe it as a "multimillion-dollar deal," said Connie Li, the firm's chief operating officer and one of the trade mission's 80 delegates.
Shanghai has a population of more than 20 million.
TrafficCast eventually will hire more than 100 employees in Shanghai, adding to the 35 in the United States, Li said.
TrafficCast was founded as a consultancy in 1996. It has a nationwide grid of live, or real-time, data on travel conditions on 450,000 miles of the nation's highways and city streets.
It collects data from transportation agencies, weather forecasters, accident reports, construction projects and scheduled events, which it converts into personalized, route-specific maps and travel information, according to the company.
TrafficCast sends its information over the Internet and to mobile phone screens and navigation technology in vehicles.
"TrafficCast will be the de facto Department of Transportation in the city of Shanghai," said Byron King, a Colorado technology consultant who works with TrafficCast.
TrafficCast executives also met in Beijing with city officials planning for the 2008 Olympic games. Li, who was born in Beijing but now lives in Madison, also is talking to officials in the cities of Tianjin and Guangzhou to sell similar services.
作者：valley 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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 TrafficCast lands Shanghai deal -- valley - (2179 Byte) 2004-3-25 周四, 13:50 (837 reads)
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