Difference between revisions of "Itis Holdings"

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Itis Holdings produces road pricing technology and has contracts with [[Transport for London]] and 'several local authorities'<ref>Watt, H. (2008) 'Ex-transport minister takes job at road pricing firm'. <i>Sunday Times</i> (London). 6th January 2008</ref>. In 2007 the company is reported to have a market value of almost £60m and to be 'focused on traffic data collection'<ref><i>Manchester Evening News</i> 'Business section'. 24th July 2007</ref>. It's annual sales for 2007 were £18.8m with reported profits of £3.9m<ref><i>Manchester Evening News</i> 'Business section'. 24th July 2007</ref>.
 
Itis Holdings produces road pricing technology and has contracts with [[Transport for London]] and 'several local authorities'<ref>Watt, H. (2008) 'Ex-transport minister takes job at road pricing firm'. <i>Sunday Times</i> (London). 6th January 2008</ref>. In 2007 the company is reported to have a market value of almost £60m and to be 'focused on traffic data collection'<ref><i>Manchester Evening News</i> 'Business section'. 24th July 2007</ref>. It's annual sales for 2007 were £18.8m with reported profits of £3.9m<ref><i>Manchester Evening News</i> 'Business section'. 24th July 2007</ref>.
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In 2006, Itis reports the trial of its latest innovation, CFVD, with 'a leading mobile operator'. It is stated that 'CFVD measures and forecasts real-time traffic flow by sampling the positions of mobile phones'<ref>Walters, S. (2006) 'Business'. <i>Manchester Evening News</i> . 21st September 2006</ref>.
  
 
==Subsidiaries==
 
==Subsidiaries==

Revision as of 13:24, 26 July 2008

Itis Holdings produces road pricing technology and has contracts with Transport for London and 'several local authorities'[1]. In 2007 the company is reported to have a market value of almost £60m and to be 'focused on traffic data collection'[2]. It's annual sales for 2007 were £18.8m with reported profits of £3.9m[3].

In 2006, Itis reports the trial of its latest innovation, CFVD, with 'a leading mobile operator'. It is stated that 'CFVD measures and forecasts real-time traffic flow by sampling the positions of mobile phones'[4].

Subsidiaries

Itis is the owner of 'satellite tracking company' NavTrak[5].

People

  • Trevor Chinn - Chairman[6]
  • Gary Gates - International Business Director[7]
  • Stephen Ladyman (Former transport minister) joined Itis in 2008. The Sunday Times reports that Ladyman 'would not lobby the government for a year after he stood down as a minister', but goes on to state that he 'is able to assist Itis in seeking contracts in the EU'[8]

References

  1. Watt, H. (2008) 'Ex-transport minister takes job at road pricing firm'. Sunday Times (London). 6th January 2008
  2. Manchester Evening News 'Business section'. 24th July 2007
  3. Manchester Evening News 'Business section'. 24th July 2007
  4. Walters, S. (2006) 'Business'. Manchester Evening News . 21st September 2006
  5. Massey, R. (2006) 'MOTORING'. Daily Mail (London). 21st October 2006.
  6. Manchester Evening News 'Business section'. 24th July 2007
  7. Manchester Evening News 'Business section'. 24th July 2007
  8. Watt, H. (2008) 'Ex-transport minister takes job at road pricing firm'. Sunday Times (London). 6th January 2008