telematics

Telematics Market 2019 Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2023 The global commercial telematics market is expected to grow at USD ~42 Billion by 2023, at ~18% of CAGR between 2017 and 2023. The companies such as Verizon Communications, Inc. (U.S.), Harman International Industries, Inc. (U.S.), TomTom Telematics BV (Netherlands), Vodafone Group Plc (U.K), Bayerische Motoren Werke AG (Germany), are the leading provider of commercial telematics solutions. In August... [Lire la suite]

Latest Trends in Telematics Telematics platforms have advanced far past their dots-on-a-map origins. Every year the industry continues to evolve in some way, and 2018 was no exception. Last year, telematics providers made advancements to various aspects of the telematics industry. Vehicle sensor technologies improved, the availability of deeper vehicle diagnostics broadened, and data reports continued to provide deeper looks at operational efficiencies. The next three years should see explosive growth in fleet... [Lire la suite]

INDIA : Telematics-based insurance takes a big hit due to lack of data protection, IRDA’s fixed pricing laws Bengaluru: Online insurance start-ups, which are trying to use customer data from vehicle trackers and wearable devices, have hit a blockade due to lack of regulatory oversight on premium pricing and data protection. Currently, insurers operating in the motor insurance segment depend on vehicular data, such as engine displacement, capacity of the vehicle, miles driven and age of the vehicle, to price premiums. Despite... [Lire la suite]

Looking Ahead to 2019: The Future of Telematics There can be little argument that telematics is one of the top technological developments in the history of fleet management. With the technology becoming ubiquitous among fleets, there’s also little doubt that telematics — in whatever direction it evolves — is here to stay. And evolution is a mainstay of telematics. Like much of today’s digital technology, telematics never seems to stand still. There always seems to be something new just on the horizon.So, as we’re nearing the end of... [Lire la suite]

Telematics trends in the UK Usage of telematics is growing quickly in the UK, targeting young drivers and addressing some of the issues created by the new EU gender directive. What is telematics insurance? Telematics insurance requires the installation of a device on the vehicle, commonly called a “Black Box”. This device communicates with on board instruments to monitor a series of parameters like hours of the day when the vehicle is driven, the distance driven, they type of roads where the car is driven and the speed of the... [Lire la suite]

TELEMATICS – A GAME-CHANGER IN ROAD SAFETY It’s no longer a secret that telematics is one of the biggest game changers in the way insurance industry functions. Telling someone to drive safely is quite meaningless, if without specifics. With telematics, insurance companies can now actually show drivers the way they operate their vehicles and what specifically they should do to improve their driving habits. Telematics enables insurance companies to monitor vehicles and their drivers. Cars fitted with telematics identify inefficient... [Lire la suite]

ARTIFICIAL INTELLIGENCE AND AUTOMOTIVE FLEET SECURITY GO HAND-IN-HAND How machine learning is an effective tool for fleet security and deep insights One of the most common buzzwords in the technology industry today is AI, or Artificial Intelligence. While Artificial Intelligence will certainly change major parts of our lives, and some experts even go as far as to claim it will soon replace humans, few really understand the true meaning of the term, and how it can be used it to improve the way we live and do business.   ... [Lire la suite]

The hard truth on insurance and telematics Whiplash, staged accidents, Ogden, fronting, ghost broking – you name it, motor insurers have been having a rough time of it.  Not only that but they have been getting it, rather ironically, ‘in the neck’ for encouraging a compensation culture in the UK that has seen claims costs spiral and premiums reach record-breaking levels.   Search and compare product listings for Motor Insurance from specialty market providers here While Government reforms are underway to help tackle some... [Lire la suite]

5 telematics market trends for 2019 A new year always comes with fresh ideas and goals to achieve. Moreover, it’s the time when new market trends come across, changing how industries work. What would be those trends for 2019? Our Co-CEO Ingus Rūķis has compiled some of the things that are expected to affect how telematics businesses are run around the world.  The continuous growth of white-label solutions White-label solutions are becoming a norm, so you should expect to see a lot of action in this business segment. Be it a... [Lire la suite]

C-V2X module handles telematics, connectivity for next-gen autonomous driving Quectel Wireless Solutions (Quectel) announced the global launch of the automotive grade C-V2X module AG15, which features the Qualcomm 9150 C-V2X chipset solution from Qualcomm Technologies, a subsidiary of Qualcomm Incorporated. The module is now sampling to the automotive industry for the development of commercial C-V2X products. The AG15 C-V2X module is manufactured in accordance to IATF 16949:2016 quality management system standard for the... [Lire la suite]