Jacobs has acquired StreetLight Data, Inc., a provider of mobility analytics and solutions that leverage data and machine learning resources to enable users to solve complex transportation problems.
The addition of StreetLight accelerates Jacobs’ strategy in growing its end-to-end digital solutions portfolio and focus on environmental, social and governance; while adding high-growth and highly recurring revenue software businesses, the company said.
“The past two years have accelerated structural changes to human mobility, infrastructure and supply chain planning, resulting in increased investments from governments and enterprises around the world,” said Jacobs Chair and CEO Steve Demetriou. “We’re also experiencing a critical need for data-driven planning to meet carbon emissions goals, address energy transformation and advance social equity through infrastructure investment.”
StreetLight applies proprietary processing technology to location data from millions of mobile devices, connected vehicles, IoT sensors and geospatial databases to measure multimodal travel patterns — and makes them available via its online software-as-a-service solution StreetLight InSight.
“There is a global need for solutions that help us better understand the movement of people, goods and services while addressing broader societal challenges, and our acquisition of StreetLight solidifies our leadership in this fast-growing area,” Demetriou said.
StreetLight’s suite of analytics enables all major transportation verticals to make more informed investment decisions while measuring critical impacts.
“We chose Jacobs because they genuinely share our mission and recognize the importance of StreetLight’s digital innovation in adapting their own core practices to the needs of an industry undergoing transformation,” said StreetLight CEO Laura Schewel. “They have the global scale to rapidly accelerate client decision making at a pivotal time for infrastructure investment and its impact on climate and society.”