MyDrive Solutions, an insurance telematics provider, on Monday announced the launch of its insurance smart box product to market - MyDrive Dynamic - which will enable car insurance companies to use driving behavioral data, as derived by the latest data capture technology, to assess the risk presented by individual drivers, and price car insurance premiums accordingly.
Within a year cellphones will be able to use operators' WiFi hotspots without cumbersome logging-in procedures, giving consumers faster access to the Internet on the go, a new industry initiative promised on Tuesday.
The initiative from two industry groups - the GSMA and the Wireless Broadband Alliance - aims to provide technical and commercial solutions for WiFi roaming, which would also ease the traffic load on operators' already crowded networks.
On Tuesday, International Business Machines (IBM) launched three services to help companies sift and understand so-called "big data," hoping to get some of the $120 billion or more that businesses are expected to invest in data analytics by 2015.
Unless the countries in Southeast Asia create a specific regulatory framework, machine-to-machine communication (M2M) will be unable to develop into a successful market, says management consulting firm Detecon International. More than any other factors, the high costs for switching providers and the expense of roaming - a consequence of a lack of specific M2M fees - are obstacles to M2M growth.
Eniram Ltd., a provider of real time decision-support systems for the shipping industry, claims that its latest machine-to-machine (M2M) software tool will help change the way the shipping industry manages speed, engine use and fuel consumption.
Eniram’s (Helsinki, Finland) new product, Optimum Speed Assistant (OSA), launched last week, is an onboard decision support tool that enables a ship’s crew to attain the optimum speed profile for each voyage, allowing vessels to maintain a constant performance and arrive into ports just in time.
Iberdrola, a Spanish utility company, has awarded seven companies contracts to supply one million meters with remote management capabilities, to advance its smart grid projects in Spain.
This award follows others made by the company in the last two years to roll out new distribution technology in the country. With this new award, accumulated investment reaches $395 million.
Gemalto, a provider of digital security, will issue an additional 15 million second-generation (2G) eHealth cards to AOK in 2012. AOK (Allgemeine Ortskrankenkasse), the health insurance fund, looks after around 25 million people, approximately one third of the population in Germany.
According to a new report from Pike Research, shipments of communications nodes associated with the smart grid will climb to nearly 103 million in 2020, from just over 58 million in 2011. Revenue from this equipment will peak at $2.96 billion in 2014, the cleantech market intelligence firm forecasts, returning to just under $2.6 billion per year in 2020.
Integrated Device Technology, Inc. (IDT), a provider of mixed-signal semiconductor services, on Tuesday announced the launch of its single-phase power metering system-on-chip (SoC) for smart grid applications.
The IDT 90E46 is a single-phase SoC for smart meter designs, which integrates an energy metering analog front-end with a real-time clock, temperature sensor, LCD driver, and ARM Cortex M0 microprocessor, says IDT (San Jose, Calif., USA).
Worldwide data networks are about to be buried beneath an avalanche of wireless data traffic. The Cisco Visual Networking Index (VNI) forecasts that by 2015, there will be 26 times as much mobile data traffic as there was in 2010 – a compound annual growth rate (CAGR) of 92%. Cisco VNI also projects that, by 2015, there will be two network-connected devices for every man, woman, and child on the planet—with WiFi and mobile devices accounting for 54% of all IP traffic.