M2M module maker Telit expects revenues for the first half of the year to grow to $108.1 million, up from $98.6 million in the first half of 2012.
In a trading update released in advance of its full earnings report, the company says that revenue performance is likely to exceed market expectations of $107.5 million for the first six months of 2013.
The manufacturer is also forecasting a substantial decrease in net debt to just $8.6 million, from $12.7 million at the end of 2012.
Electronic payments specialist Atos Worldline says it is to provide a range of secure shopping services over the R-Link multimedia system used in Renault vehicles.
Under a new arrangement between the two companies, Atos (Bezons, France) will deploy services on Renault’s R-Link cloud services platform, using Orange Business Services (Paris, France) as a connectivity provider.
Developers will invest as much as $2.5 billion in augmented reality (AR) applications in 2018, compared with just $670 million this year, as AR becomes a significant enabler for the Internet of Things (IoT) and big data analytics.
Such is the finding of a new study from ABI Research, which reckons AR will become a more everyday part of mobile experiences over the next few years, especially in the domain of retail and marketing.
The study’s authors point to cloud computing, however, as the most imminent growth driver for AR.
The automotive industry stands out as the most pioneering vertical market when it comes to adoption of M2M services, according to a new survey conducted by Vodafone.
Some 19% of automotive organizations interviewed by the operator said they had already launched an M2M strategy, while 40% were expecting to launch one in the next two years.
US operator Sprint is working with MVNO M2M DataSmart on an initiative to attract more small and medium-sized businesses (SMBs) to the M2M marketplace.
The two companies, which struck a wholesale agreement in September last year, say they are promoting more “open access” of data and network services so that entrepreneurial start-ups – as well as traditional OEM companies – can more easily commercialize their M2M concepts.
With a debate raging over the most appropriate cellular technology for M2M services, Aeris Communications has added GSM connectivity services to its offer and revealed that carmaker FIAT has become its first GSM customer.
The company, which describes itself as the only cellular operator catering exclusively to the M2M market, has long provided connectivity services over the rival CDMA standard but evidently felt a need to fortify its position, with various technologies facing an uncertain future.
M2M module maker Telit has taken a huge step in the Japanese market with news that its devices have passed interoperability testing on the network of NTT DoCoMo, the country’s largest mobile phone operator.
According to a statement released by the vendor, some six variants of its HE910 module series have successfully completed a rigorous module testing program run by the Japanese carrier.
The successful testing is a precursor to arrangements that would see NTT DoCoMo (Tokyo, Japan) supporting Telit’s modules on its network.
M2M managed services provider Wyless has become the latest M2M player to court application developers with its launch of a development kit in partnership with ClearConnex, an M2M device engineering company, and components distributor Symmetry.
The companies claim their Telit-based M2M Quickstart Developer Kit will accelerate the development, testing and deployment of M2M applications by providing “everything an M2M device developer requires to accelerate their time to market”.
Hardware maker CradlePoint has released a new router designed specifically to support M2M services running over LTE networks.
The CradlePoint (Boise, ID, USA) COR IBR600 4G is advertised as being flexible and robust and, therefore, suited to critical enterprise applications requiring always-on, around-the-clock connectivity.
CradlePoint says it is designed to support high-bandwidth applications used across a number of industries, including the energy, retail, finance, security and transport sectors.
MiX Telematics has launched a new configurable video recording system allowing fleet managers to view footage of drivers and their view of the road.
Called MiX Vision, the service is apparently designed as an add-on to the telematics specialist’s existing fleet-management service.