On Wednesday, TomTom, which makes vehicle-based personal navigation devices (PNDs), said it had teamed up with UK-based insurance firm Motaquote to offer its first new insurance product, called Fair Play, which gives safer drivers lower premiums.
"Our entry in the insurance market…puts us at the forefront of a move that could help to revolutionize the motor insurance industry," said Thomas Schmidt, managing director TomTom (Amsterdam, Netherlands) Business Solutions.
Siemens Smart Grid Division and TIBCO Software Inc. will provide smart grid enterprise integration services to Consolidated Edison (Con Edison), a utility company that provides electric, gas and steam service to more than three million customers in New York City and Westchester County, for a smart grid demonstration project.
Amdocs, a provider of OSS software and services, last week announced the launch of two new services - the Amdocs Machine-to-Machine (M2M) and Connected Home services - that enable service providers to quickly enter the connected devices market.
On Monday, Health Evolution Partners and Verizon Enterprise Solutions established a strategic relationship for the adoption of connected health information technologies.
On Tuesday, Digi International announced that the Iridium satellite network now supports the iDigi Device Cloud. Similar to cellular SMS, Digi devices with an Iridium data transceiver inside can now send and receive data via the iDigi Device Cloud over the Iridium network.
On Monday, Siemens AG announced it will buy RuggedCom Inc, a maker of data communications networks systems, for about $381 million in cash, to improve access to markets in North America and the Asia-Pacific region.
Last week, the SARTRE project completed its first demonstration of vehicle platooning, which is a convoy of vehicles where one professional driver in a lead vehicle drives the entire line of other vehicles.
Service enablement services (SES), the software layer between the network and vertical applications, are set to become a key differentiator in the machine-to-machine (M2M) market and achieve a total market value of $2.2 billion worldwide by 2014, up from a modest $350 million in 2011, according to the latest study by analyst firm Beecham Research.
On Wednesday, Numerex Corp, a provider of machine-to-machine (M2M) products and services, announced the launch of Numerex FAST 3.0, Numerex's cloud-based M2M platform, which now enables expanded service features and capabilities. FAST 3.0 now includes three service delivery options which can be accessed independently or as a fully integrated solution: Network as a Service (NaaS); Platform as a Service (PaaS); and Software as a Service (SaaS).
iRobot Corp., a provider of robotic technology-based services, on Tuesday announced a $6 million investment and expanded partnership with InTouch Health, a provider of remote presence telemedicine services. The $6 million investment represents a minority position in the company.
The announcement expands upon the joint development and licensing agreement iRobot (Bedford, Mass., USA) announced in July 2011, which was established to explore opportunities for healthcare applications on iRobot platforms.