IBI Group Inc - CEO, Scott Stewart.
CEO, Scott Stewart.
Source: PlaceTech.
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  • IBI Group (IBG) has been awarded a traffic operations and services contract by the City of Toronto
  • IBI will operate the Road Emergency Services Communications Unit Traffic Operations Centre for a period of up to five years
  • The company plans to enhance data analytics as well as automated monitoring and managing of highways and urban arterial roadways
  • IBI Group is a technology-driven design firm with architecture, engineering, planning and technology expertise around the world
  • IBI Group (IBG) is up by 4.5 per cent and is currently trading at $10.92 per share

IBI Group (IBG) has been awarded a traffic operations and services contract by the City of Toronto.

The company will operate the Road Emergency Services Communications Unit Traffic Operations Centre for a period of up to five years.

IBI will leverage its smart city product offerings, including CurbIQ and Travel-IQ, to support improved road safety and the efficient movement of goods and people across the city. This includes enhanced data analytics and automated monitoring and managing of highways and urban arterial roadways to address commuter congestion.

Scott Stewart, IBI Group’s CEO, commented,

“This notable award brings together expertise from across our intelligence sector and demonstrates the benefit our smart city products are bringing into our more traditional service offerings. Through automation, machine learning and robust analytics, our solutions are creating efficiencies and solving problems for clients like the City of Toronto that will ultimately lead to more sustainable and resilient cities.”

IBI Group is a technology-driven design firm with architecture, engineering, planning and technology expertise around the world.

IBI Group (IBG) is up by 4.5 per cent and is currently trading at $10.92 per share as of 11:04 am ET.

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