Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘telematics’

Octo Telematics Continues Market Expansion in Mexico

Posted by fidest press agency su giovedì, 31 gennaio 2019

Octo Telematics, a leading global provider of telematics and data analytics solutions for the auto insurance industry, announced that it continues to expand its footprint throughout the Mexico market and has partnered with Qualitas, Mexico’s largest auto insurer with operations throughout Mexico, Latin America and the United States. Qualitas, with over four million insured vehicles, will work with Octo to develop the telematics market in Mexico by leveraging Octo’s driving behavior analytics in the commercial lines space.
Octo continues to lead the burgeoning global usage-based insurance (UBI) market, which Ptolemus recently reported had grown by 40 percent in a year, to 21.6 million active policies by the end of June 2018. Octo’s leading market share of active UBI policies, combined with its proven ability to provide both data and actionable insights to the insurance industry, will enable Qualitas to continue its insurance leadership position. Octo will supply Qualitas with fleet telematics as it expands its commercial offerings throughout Mexico with a new program, available to its customers in early 2019. The program will include risk management and asset utilization by leveraging driver behavior data and Qualitas’ commercial fleet customers will be able to track vehicles at all times, better serve customers with accurate and intelligent logistics, improve driver safety and prevent accidents.Markets and Markets reports that the Internet of Things (IoT) and telematics have led to a wave of connectivity, and that they collectively are driving profound change in the global automobile industry, including a growing opportunity in the sector for automotive connected insurance ecosystem players. Qualitas recognized this and wanted a partner that understands the industry and its challenges, as well as offering a wide range of capabilities including scoring, analytics, and advanced crash detection and crash services.In the “2019 CIO Agenda: Insurance Industry Insights,” a recently published Gartner research paper, analysts indicated that data and analytics continues to be the most commonly mentioned game-changing technology among insurance CIOs. Octo Telematics data will allow Qualitas to improve efficiency and productivity of its customers’ fleets: reducing fuel consumption, limiting unauthorized asset utilization and improving driver safety. The Octo fleet management console provides vehicle and driver behavior data at the individual, fleet segment or holistic fleet level. The management console will allow fleet managers to locate vehicles, monitor performance and support drivers in real time with location, usage and vehicle health data.

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Frost & Sullivan: Light Commercial Vehicle Telematics Market Underpenetrated in Europe

Posted by fidest press agency su giovedì, 3 ottobre 2013

English: The City of London skyline as viewed ...

English: The City of London skyline as viewed toward the north-west from the top floor viewing platform of London City Hall on the southern side of the Thames. In the foreground: Dixie Queen and Millennium Time at Tower Millennium Pier. This is a 5 segment panoramic image taken by myself with a Canon 5D and 24-105mm f/4L IS lens. (Photo credit: Wikipedia)

LONDON The European light commercial vehicle (LCV) telematics market is largely untapped. Overall penetration of telematics in the 29 million LCVs in operation in Europe is just 6.2 per cent, which presents immense opportunities for telematics vendors as well as original equipment manufacturers (OEMs).New analysis from Frost & Sullivan (http://www.automotive.frost.com), Strategic Analysis of the European Light Commercial Vehicle Telematics Market, finds that catering to the demand for customised telematics solutions will provide the impetus for higher revenues. The study estimates market revenues to go up from €1.10 billion in 2012 to €3.10 billion in 2019.Hardware costs are steadily declining, and to boost the use of telematics in LCVs, several aftermarket vendors are offering subscriptions with no upfront cost while distributing the hardware and services cost over set contract periods.“The market, mainly dominated by these independent aftermarket telematics solution providers, is witnessing the entry of OEMs that provide solutions covered by warranties and supported through dealership networks,” said Frost & Sullivan Automotive and Transportation Industry Analyst Niranjan Manohar. “These systems are popular as they are available through modular subscription schemes and allow customers to upgrade or downgrade their service level requirements.”Beyond 2015, legislations that mandate new cars to be equipped with eCall devices will facilitate the entry of more OEMs with new offerings in the LCV telematics space, further aiding market development. The advent of telematics as a standard line-fit in medium and heavy CVs will hasten the introduction of next-generation services such as real-time information on traffic and parking in LCVs.Currently, however, the absence of an established OEM base is depriving the market of the product volumes necessary to fuel penetration in new vehicles. Moreover, low awareness among small- and medium-sized fleets in Europe curbs adoption. The unique needs of various industries within service clusters will add to the challenge of ensuring unified customer awareness.Focus on finding the right product, service and finance mix for the right customer will help retain existing consumers and attract new ones. Hardware and software maintenance contracts must be promoted and the range of company-relevant applications widened to spur recurring revenue.

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Telematics Systems in Europe and Russia

Posted by fidest press agency su martedì, 4 dicembre 2012

The European automotive navigation market will witness a shift towards integration and a continual trend towards low-cost connected navigation, which will become a commodity.With Smartphone replication technologies, Smartphone-based navigation inside cars will dominate the market, serving all car segments. The eCall in Europe and ERA-GLONASS in Russia, which mandate automated emergency response systems in vehicles, will lead to Europe becoming one of the biggest markets for telematics systems and will offer Tier 1 suppliers and service providers the opportunity to expand their presence. An analysis from Frost & Sullivan (http://www.automotive.frost.com), Key Trends and Forecasts for Automotive Navigation and Telematics Services Market in Western and Eastern Europe and Russia, finds the market size in Europe for navigation systems – OE embedded, aftermarket embedded and portable navigation devices (PND) – will be 19.3 million units by 2016. Smartphone navigation subscribers will stand at 413.2 million and new telematics service subscribers will touch 5.2 million by 2016. For Russia, the market size for navigation systems is estimated to be 2.5 million units, smartphone navigation subscribers to be 4.4 million and new telematics service subscribers to be 415,000 by 2016.
Connected services like real-time traffic information and local search will arrest the slide of PNDs. PND manufacturers are already venturing into the OE business to offer low-cost in-dash solutions. But this is bringing them into direct competition with Tier 1 suppliers. Connected and value-added services will be pivotal factors influencing uptake of a navigation solution. Developing a low-cost portfolio in order to penetrate the mass market segment will also be a key focus area.
Key Trends and Forecasts for Automotive Navigation and Telematics Services Market in Western and Eastern Europe and Russia (M811) is part of the Automotive & Transportation Growth Partnership Services programme, which also includes research in the following markets: European and North American Automotive OEM Connectivity, Infotainment, and HMI Strategies, European and North American Automotive HMI Market and European and North American Markets for Display and Instrument Clusters. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.
KDP Select is adding a bonus of $1.5 million to the global fund for the holidays!
The bonus is on top of the regular monthly fund during the three-month period from December 2012-February 2013. December’s regular monthly fund is $700,000, plus $700,000 of the $1.5 million holiday bonus will be paid out for December, doubling the total amount available in December to $1.4 million. The remainder of the $1.5 million bonus will be paid on top of the regular fund in January and February. Remember, you will earn a share of the fund amount every time your book is borrowed from the Kindle Owners’ Lending Library on Amazon.com, Amazon.co.uk, Amazon.de and Amazon.fr. Plus, you can reach more readers worldwide than ever before with millions of new Kindles being opened this holiday season.

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Telematics systems

Posted by fidest press agency su martedì, 19 ottobre 2010

Commercial vehicle (CV) telematics systems have been available for some time, but the market has not reached the revenue growth that was projected at its inception, especially after the recession. But now, the market is ready to experience a second wave of technology innovation, application penetration, and market growth. The benefits of CV telematics are breaking new ground as systems grow beyond traditional applications such as vehicle tracking, security, and fleet performance monitoring to new and potentially rewarding applications such as proactive maintenance, prognostics, two-way internet access, ubiquitous communications, and driving behavior monitoring, among others. To discuss which telematics services should be given more importance for carriers to emerge successfully in the coming years and to analyze the potential for telematics services such as navigation, remote vehicle diagnostics and HOS for the North American medium and heavy-duty commercial vehicle telematics market, the Automotive & Transportation Group at Frost & Sullivan (http://www.transportation.frost.com) is pleased to announce that it will be hosting an online analyst briefing presentation on Thursday, 21 October, 2010 at 3:00 pm BST. This briefing will benefit commercial vehicle OEMs, carriers, system suppliers, content providers / map providers, local and national authorities and fleet managers/owners. Highlights of this briefing include an analysis of market dynamics and trends, projections of the future outlook of the market and the opportunities it offers, and, a discussion of whether the upcoming safety-centric regulations make an impact on the telematics market.

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Telematics and Connected Services

Posted by fidest press agency su martedì, 11 Mag 2010

London. A big challenge which has to be overcome to ensure mass adoption of electric vehicles is range anxiety.  “Aware that telematics and connected services can help diffuse negative perceptions, telematics hardware and service providers are starting to actively engage in this market by providing highly customizable OEM-specific connected services packages,” explains Frost & Sullivan Programme Manager, Praveen Chandrasekar,  in a new article entitled: Telematics and Connected Services Play a Vital Role in Ensuring an Enhanced Ownership Experience of an EV. This effort was spearheaded by Continental, the first supplier to partner with Better Place to design and develop smart navigation head units for the Renault Fluence EV. Several others have now followed suit, reinstating the growing commitment of suppliers to provide value added services to the emerging EV space. Most recently, Hitachi and Airbiquity have joined forces to provide connected services based on a communication unit and related to charge monitoring and recharging services.  Ford and Microsoft have also teamed up to create Hohm, a software package that monitors charging patterns and suggests recharge times  based on electricity rates and demand on the grid. Debuting in the Ford Focus EV, Holm will facilitate smarter energy management and hassle free EV ownership experience. Electric Vehicles Unplugged 2010: taking place at the House of Lords and at the Society of Motor Manufacturers & Traders in London on June 22 – 23, will bring together key decision makers including Government, OEMs, Supplier Infrastructure companies and Major Fleet Managers, to provide insights into the structure of new business models and their implications for industry stakeholders.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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Analyst Briefing on Green Telematics

Posted by fidest press agency su martedì, 20 ottobre 2009

London  on 27 October at 3:00pm GMT.19 October  Emissions from new vehicles have fallen more than 13 per cent in the past decade and most CO2 emissions today are produced by aging car fleets.  Because, any strategy to reduce emissions cannot focus on new vehicles and vehicle technology alone, fleet companies and consumers are increasingly turning to green telematics as a cost effective and simple solution. To address the key benefits from green telematics systems for both the European and North American markets and to provide trends and forecasts for their use, the Automotive & Transportation Group at Frost & Sullivan (http://www.transportation.frost.com) is pleased to announce that it will be hosting an online analyst briefing presentation on Tuesday, 27 October at 3:00pm GMT. Highlights of the briefing include analyses of: Green Telematics Systems and Services for passenger and commercial vehicles, namely: green routing, PAYD insurance and green fleet Telematics. This briefing will benefit vehicle manufacturers, telematics device suppliers, navigation device suppliers; telematics service providers, mobile network operators and component suppliers to the European navigation and telematics market.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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