The document discusses a problem of traffic congestion, delays, and accidents due to work zones that cost over $8.6 billion per year. It introduces iCone as an autonomous traffic beacon that collects and shares real-time work zone data to help manage traffic. iCone aims to inform drivers and help transportation agencies, construction companies, and law enforcement improve work zone safety and traffic flow. The company sells and leases iCone hardware and provides a data and communication service to customers.