Last week, NexTraq (Roswell, Ga., U.S.A.), a GPS fleet tracking and vehicle management company, announced fleet tracking capabilities for the oil and gas industry. Through its Web Services offering, an open platform that enables integration of fleet data with third party applications, oil and gas customers can align their geographic information system (GIS) mapping technology with fleet tracking technology. As a result, fleet managers can protect and leverage assets remotely with real-time data and reporting, according to the company.
Telit Wireless Solutions, Inc., the U.S.-based mobile technology arm of Telit Communications (Trieste, Italy), a machine-to-machine (M2M) technology company, announced on Tuesday the launch of its new module featuring Wireless M-Bus transfer technology. The new ME50-169 module features 169 MHz and is designed for smart gas, water, heating or electricity meters. These smart meters automatically transmit consumption data to the utility companies, which can increases the accuracy and transparency of bills and helps improve energy efficiency, according to the company.
According to a new report from Lux Research (Boston, Mass., U.S.A.), a research and advisory firm, merger and acquisition (M&A) deals -- just in the first six months of 2011 -- have already totaled twice those made during all of 2010, and many more cash-starved smart grid, energy storage, and electric vehicle (EV) start-ups are considering future deals. After reaching an all-time six-month high of $1.79 billion in the first half of 2010, venture funding for these start-ups had all but dried up in the subsequent twelve months.
According to a new report by InMedica (Wellingborough, England), a medical electronic market research group, the world market for Telehealth is set to exceed $1 billion by 2016 and could jump to $6 billion in 2020.
This month, the European Commission, the executive body of the European Union that is responsible for proposing legislation and implements decisions, took its first measures to ensure that by 2015 cars can dial emergency services for passengers when a serious accident occurs by using machine-to-machine (M2M) technology.
According to a recent report from Pike Research (Boulder, Colo., U.S.A.), a cleantech market intelligence firm, cumulative investment in smart grid technologies within Europe will total $80.3 billion by 2020. In addition, the firm anticipates that by 2020, 238.4 million smart meters will have been deployed across the region.
According to a study reported in the European Respiratory Journal, NEW YORKa device that allows doctors to remotely monitor children with poorly controlled asthma may not help reduce serious asthma attacks.
GE Capital Fleet Services (Eden Prairie, Minn., U.S.A.) broke ground last week on a customer experience and learning center that will showcase GE’s portfolio of electric vehicle services and help GE commercial customers evaluate EVs and other alternative fuel vehicles for their fleets.
The premier vendor organization for machine-to-machine communications, the M2M Alliance, held its fourth annual Summit last week in Bergheim (near Cologne, Germany), and attendance doubled to close to 500 attendees, while the exhibitor list grew to over 30 companies from fewer than 15 last year. “The growth of the M2M Alliance Summit is one strong indicator of the strength of the M2M sector, both in Germany and abroad,” says Georg Steimel, the M2MA’s chairman, and newly appointed head of M2M solutions for equipment maker Huawei in Europe (Dusseldorf, Germany).
The cellular M2M embedded module market experienced a more difficult than expected year in 2010, according to a report by research firm ABI Research (New York). Although total unit volumes continued to rise, reaching nearly 34 million units shipped in 2010, total industry revenue fell from roughly $996 million in 2009 to about $841 million in 2010, reversing the upward momentum in revenue seen in 2009 as the market rebounded from its 2008 lows.