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iCone for VenCorps
 

iCone for VenCorps

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ITS Congestion Challenge

ITS Congestion Challenge

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    iCone for VenCorps iCone for VenCorps Presentation Transcript

    • Ross Sheckler, CEO
      Instant Traffic Data
      Real-time, Real-presence,
      from the Work-Zone
      © 2009 iCone Products, LLC
    • The Problem
      Problem: Congestion, Delays, and Accidents due to Work-Zone Traffic
      Costs: $8.6B+ per year in work-zone accidents
      $600M+ per year in wasted fuel
      $6.75B+ per year in lost productivity
      Solution: Inform the driving public of work-zones in real-time
      Make information on the location and traffic conditions of work-zones widely available through real-time, real-presence technology
    • What is an “iCone®”: A highly deployable autonomous traffic beacon that beams real-time data to a web site for use by traffic managers, police, and the public.
      Our Business:
      • Sale or Lease of Hardware
      • Distributor Network
      • Monthly Data/Comm Service
      • Supply Traffic Content Industry
      • Foreign Market Growth
    • Value Proposition for Customers
      Construction Companies – Work-Zone Management and Safety
      Speed monitoring and enforcement
      Work-Zone activity record
      DOT’s – Work-Zone Traffic Management and Process Improvement
      Congestion monitoring for real-time control
      Traffic Performance Metrics for traffic plan assessment
      Traffic Information Services – Isolated Event Traffic Information
      Real-time, Real-presence view into maintenance activities
      Centralized source of road-work data
      Law Enforcement – Strategic Deployment
      Centralized view of speeding conditions for strategic deployment
    • How it works
      Public
      iCone®
      Fully Autonomous Outpost
      Field Personnel
      Dual Mode Comm
      State Traffic Systems
      Distribution
      iConeTraffic.com
      Web Services
      XML Feeds
      XML Reports
      Email Alerts
      Centralized
      Control
    • The Business
      Cellular model – Hardware + Service
      Hardware – Wholesale to Distributors
      Internally designed
      Contract manufacturing
      Data/Comm Service – Direct sale
      AT&T Cellular
      Iridium VAR
      Internally developed and managed software
      Internally managed IT systems
    • Marketing, Sales and Distribution
      iCones are sold or leased through existing companies in the work-zone traffic control community.
    • Competition: Trailer mounted RTMS
      iCone®RTMS
      YES NETWORKED NO
      <$10,000 COST >$15,000
      YES AUTONOMOUS NO
      10 TRUCKLOAD 1
      1 min. DEPLOYMENT 30 min.
      YES STREAMING DATA NO
      YES CRASH RATED NO
    • Management Team
      Ross Sheckler – CEO
      M.S., Aero Engr, Iowa State University
      Calmar Founder, iCone Inventor
      Aerospace Engineering Methods Applied to Trucking and Traffic Industries
      Garvin Forrester – President & COO
      M.S., Aero Engr, Syracuse University
      Calmar Founder
      Software Applications Provider to Lockheed, Mitsubishi, Kawasaki, L3Comm…
      Lee Maynus – VP, Engineering
      B.S. Civil Engr, West Virginia University
      22 years experience in Traffic Management and ITS
      New York State Thruway, New York State DOT
      Rick Leff – VP, Finance
      M.S. Statistics, University of Vermont
      iCone Products Investor
      Owner of multiple mid-sized businesses and investor in commercial real-estate
    • Projections/Milestones/Success
    • The Need
      • The iCone is a technology that has already caught the attention of the work-zone traffic community but more than half of the transportation agencies have yet to perform a trial.
      • Increase force
      • Increase marketing
      • Accelerate incorporation of user requested applications
      $500,000 investment