Wejo Wins 2022 BIG Innovation Award
January 18 2023 - 8:00AM
Business Wire
Company Recognized for its Unique Products and
Vast Data Network that Drives Real Impact and Innovation
Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart
Mobility for Good™ and cloud and software solutions for connected,
electric and autonomous vehicle data, today announces it has been
named a winner in the 2023 BIG Innovation Awards presented by the
Business Intelligence Group.
“Since establishing Wejo in 2014, innovation has been at the
heart of our mission to unlock the value in autonomous, electric
and connected vehicle data,” said Richard Barlow, founder and CEO
of Wejo. “As we continue to expand our innovative Smart Mobility
for Good™ products and solutions, we are honored to be recognized
alongside other ground-breaking organizations bringing new ideas to
life.”
Through the power of connected vehicles, Wejo is delivering
cloud and software analytics and big data processing capabilities
through mobility intelligence that transforms the way the world
lives, works and travels. Wejo delivers data from over 20 million
connected vehicles that cover 95% of the roads in the U.S. Over 18
trillion data points a day are ingested into the cloud every three
seconds, enabling live consumption of that data within 60 seconds.
This data feeds Wejo’s smart mobility for good products and
services that are capturing the estimated $61 billion by 2030
service addressable connected vehicle data market.
In 2022, Wejo launched two innovative, high-performance
solutions aimed at bettering the world through connected vehicle
data. Real-Time Traffic Intelligence™ (RTTI) provides an
up-to-the-minute, accurate and comprehensive picture of traffic and
road conditions and Historic Traffic Patterns (HTP) helps create
and distribute valuable trend insights on road network challenges
over time. Both RTTI and HTP help improve efficiency and safety on
roads, empowering organizations to shape the future of
transportation through smart mobility, smart cities and smart
living.
Wejo works with 28 automotive original equipment manufacturers,
fleets and tier 1’s worldwide and has nearly 60 patents pending.
Wejo’s partner and customer successes, including partnerships with
General Motors, Microsoft Corporation, Sompo Holdings, Inc. and
Palantir Technologies Inc., are driven by data solutions for
departments of transportation, universities, insurance providers,
audience and media measurement, fleets, and many other verticals
the company serves.
“Innovation is ‘business critical’ in today’s society,” said
Maria Jimenez, chief operating officer of the Business Intelligence
Group. “We are thrilled to be honoring Wejo as they are leading by
example and improving the lives of so many.”
Organizations from across the globe submitted their recent
innovations for consideration in the BIG Innovation Awards.
Nominations were then judged by a select group of business leaders
and executives who volunteer their time and expertise to score
submissions.
About Wejo
Wejo Group Limited is a global leader in cloud and software
analytics for connected, electric, and autonomous mobility,
revolutionizing the way we live, work and travel by transforming
and interpreting historic and real-time vehicle data. The Company
enables smarter mobility by organizing trillions of data points
from 20.8 million vehicles, of which 13.9 million were active on
the platform transmitting data in near real-time, and over 94.6
billion journeys globally as of December 31, 2022, across multiple
brands, makes and models, and then standardizing and enhancing
those streams of data on a vast scale. Wejo partners with ethical,
like-minded companies and organizations to turn that data into
insights that unlock value for consumers. With the most
comprehensive and trusted data, information, and intelligence, Wejo
is creating a smarter, safer, more sustainable world for all.
Founded in 2014, Wejo has offices in Manchester, UK, and in regions
where Wejo does business around the world. For more information,
visit: www.wejo.com.
Wejo Forward-Looking Statements
This communication contains "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. For more
information, please follow this link:
https://www.wejo.com/forward-looking-statements.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of
recognizing true talent and superior performance in the business
world. Unlike other industry award programs, these programs are
judged by business executives having experience and knowledge. The
organization’s proprietary and unique scoring system selectively
measures performance across multiple business domains and then
rewards those companies whose achievements stand above those of
their peers.
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version on businesswire.com: https://www.businesswire.com/news/home/20230118005193/en/
Wejo Media Contacts: Ben Hohmann, Head of PR and
Corporate Communications Ben.Hohmann@wejo.com
Katie O’Brien, Raffetto Herman Strategic Communications on
behalf of Wejo wejopr@rhstrategic.com
Wejo Investor Contact: Tahmin Clarke, Senior Vice
President of Investor Relations Tahmin.Clarke@wejo.com
Business Intelligence Group Contact: Maria Jimenez, Chief
Operating Officer jmaria@bintelligence.com +1 (909) 529-2737
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