New and additional services for connectivity and data management are the highest priorities for vendors to the M2M industry according to experts at an industry gathering organized by module maker Telit Wireless Solutions and held on the eve of the CTIA Enterprise show in San Diego.
Smart grid infrastructure firm Echelon Corporation's (San Jose, Calif., U.S.A.) chief executive said he saw more opportunities in Europe and the rest of the world than at home, where there is little appetite to upgrade power networks.
"We have 20% more supply of electricity in the U.S. than there is demand, and no political will," says Ron Sege. "At least in Europe you have political will, the 2020 mandates, France reaffirming its commitment, and Germany moving slowly along."
Echelon made 70% of its revenue in Europe in the last quarter.
Last week, CARTES and IDentification (Paris, France), a conference focusing on digital security and smart technologies, released developments in the e-health and telehealth fields prior to its 2011 show in November. According to CARTES and IDentification, one of the major developments is the use of smart security technologies in improving medical patient care.
Last week, GE (Fairfield, Conn., U.S.A.) and Nissan (Yokohama, Japan) signed a two-year research collaboration to speed up the development of smart charging infrastructure to fuel mass market adoption of electric cars.
Both companies have identified two key focus areas for the research efforts. The first relates to the integration of electric vehicles with homes and buildings. The second looks at electric vehicle charging dynamics and the future impact on the grid once millions of electric cars are on the road.
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.