INRIX Projects Annual Cost of Gridlock

Today INRIX completed a study with the Center for Economics and Business Research (Cebr) projecting the combined annual cost of traffic gridlock in Europe and the US will soar to $293 billion by 2030 if nothing significant is done to address it.  This is almost a 50% increase from 2013, driven mainly by urban population growth and higher living standards as a result of increased GPD per capital.

What can be done?  The key is to make data-driven decisions.  Drivers make better decisions about when to drive and where to drive if they have real-time information available to them.  Too often governments make decisions based on politics and not data about what will have the biggest impact on reducing congestion.

Better data = better decisions = reduced congestion.  At INRIX, we’re trying to do our part to provide this.

About Bryan Mistele

I'm Bryan Mistele, the founder & CEO of INRIX, the leading provider of traffic information, connected car services and transportation analytics. I’m a Microsoft, HBS and UofM alum. Father of two great kids, one lovely wife and a very time-consuming company. Passionate about boating, politics and Christianity.

Posted on October 15, 2014, in Uncategorized and tagged , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

%d bloggers like this: