Ituran wins up to NIS 21 million Israeli transport ministry traffic-monitoring contract
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ITRN• Transport ministry traffic-monitoring contract
- Ituran won a contract with Israeli Transport Ministry entities for a SaaS platform to monitor live traffic across Israel’s main roads.
- The deal runs for up to four years and is valued at more than NIS 21 million; first-year revenue of NIS 5 million is guaranteed.
- The Big Data platform analyzes anonymized data from more than 1 million vehicles, about one-quarter of Israel’s vehicle fleet.
- The project adds a recurring revenue stream beyond telematics and supports a broader push into data-driven mobility services.
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Ituran wins up to NIS 21 million Israeli transport ministry traffic-monitoring contract - ITRN News | Rallies