Commercial truck drivers face numerous safety challenges while on the road, from fatigue to unexpected maneuvers by other vehicles. However, advancements in technology offer effective solutions to mitigate such dangers.

Modern tech can enhance driver performance, reduce risks, and ensure regulatory compliance.

In this article, we’ll explore how these innovative tools contribute to safer journeys for commercial truck drivers and everyone else on the road.

Telematics: Revolutionizing Fleet Safety

Telematics systems transform commercial trucking safety. By collecting and analyzing real-time data from a vehicle’s GPS, engine diagnostics, and driving behavior, these systems provide insights that can reduce accidents. Drivers receive immediate feedback on their performance – speeding alerts or harsh braking notifications – promoting safer habits. Fleet managers can also monitor routes, ensuring adherence to regulations like mandatory rest periods.

Additionally, telematics track maintenance needs proactively, thereby avoiding mechanical failures that could lead to dangerous situations on the road. Through comprehensive data analytics, companies can identify patterns in driver behavior or vehicle issues. Addressing these trends improves overall fleet safety and efficiency.

Advanced Driver Assistance Systems (ADAS): Enhancing On-Road Safety

Advanced Driver Assistance Systems (ADAS) integrate sensors, cameras, and radar to aid drivers in real time. These systems include features like:

Lane departure warnings.
Adaptive cruise control.
Automatic emergency braking.
Adaption of speed according to traffic conditions.

When a driver drifts out of their lane or gets too close to another vehicle, ADAS alerts them or takes corrective action. So, this technology significantly reduces the risk of collisions by maintaining safe distances and preventing unintended lane changes.

Fleet operators benefit from reduced accident rates and lower insurance costs. By leveraging these automated systems, companies ensure safer journeys for both truck drivers and other road users.

Electronic Logging Devices (ELDs): Ensuring Compliance and Reducing Fatigue

Electronic Logging Devices (ELDs) automatically record a driver’s hours of service. By syncing with the vehicle’s engine, ELDs capture driving time accurately. This helps in adhering to regulations on rest periods, ensuring drivers do not exceed safe operating hours.

Fatigue is a major contributor to road accidents in commercial trucking. ELDs combat this by enforcing mandatory breaks – to keep drivers alert and reduce fatigue-related incidents. Compliance with these regulations helps fleet managers avoid hefty fines and legal issues.

In-Cab Cameras: Monitoring and Improving Driver Behavior

In-cab cameras provide real-time monitoring of driver actions and the road ahead. These devices capture footage from inside the cab, recording both driver behavior and external conditions. This dual-view perspective helps fleet managers assess driving habits accurately.

Drivers aware of being recorded tend to adopt safer practices, such as reducing distractions and maintaining focus. Additionally, in-cab cameras can alert drivers immediately if they display signs of fatigue or distraction.

Footage serves as a valuable training tool by highlighting areas for improvement during safety reviews.

​​Moreover, it could offer concrete evidence for disputed incidents. For example, if someone is injured in a truck accident and they are facing a truck accident trial, footage from an in-cab camera could help clarify that the driver was at fault.

Predictive Analytics: Anticipating and Mitigating Risks

Lastly, predictive analytics uses historical data, machine learning, and artificial intelligence to forecast potential issues in commercial trucking. By analyzing trends in vehicle performance, weather conditions, and driver behavior, predictive models identify risks before they escalate.

For example, if a pattern of frequent hard braking emerges with a specific route or driver, fleet managers can intervene early. This proactive approach prevents accidents by addressing underlying causes.

Additionally, predictive analytics helps optimize maintenance schedules. Identifying when parts are likely to fail ensures timely repairs (rather than waiting for breakdowns), which maintains vehicle safety standards.

The technology empowers companies to take preemptive actions that enhance both safety and efficiency on the road.

The post Roaring Ahead: How Tech Combats Commercial Trucking Dangers appeared first on IoT Business News.

Plan X3-EU offers low-cost IoT connectivity across Europe for deployments with higher data requirements.

Soracom, Inc., a global provider of advanced Internet of Things (IoT) connectivity, today announced a new cellular data plan called Plan X3-EU, designed to provide low-cost coverage across Europe for high data consumption use cases.

Along with market-leading coverage, Plan X3-EU includes access to Soracom’s cloud-native platform services for managing SIMs, reducing data costs, transmitting to public cloud platforms, and accessing deployed devices remotely.

Plan X3-EU offers a range of bundle options to accommodate diverse data consumption requirements. Starting from an annual fee of €4.50, customers can access 25MB of data transmission per SIM per month, with subsequent monthly charges of €0.38 after the first year. Additional options include 100MB, 500MB, 1GB, and 3GB plans, each offering competitive pricing structures designed to scale with evolving IoT needs.

Whilst there is no limit to the IoT use cases that will benefit from Soracom’s new Plan X3-EU, higher data and bandwidth are especially relevant in deployments where large telemetry data sets are sent to the cloud, major firmware updates are carried out over the air, devices transmit image and video data, substantial data points are needed for AI training, and gateways and routers are used to backhaul aggregated device data.

“We know that data costs can escalate dramatically as IoT deployments scale,” said Ken Otsuki, Director of Business Development and Head of Carrier Relations at Soracom.

“By delivering what we believe are some of the best IoT connectivity rates in Europe for high data use cases, Plan X3-EU accelerates IoT projects and supports success at scale”.

Plan X3-EU also includes bundled access to innovative platform services designed to solve common challenges in IoT. Customers can further reduce data costs with Soracom’s innovative protocol conversion, transmit data directly to cloud functions, manage IoT devices remotely, and apply advanced security features.

In a region known for intense competition across a bewildering assortment of providers and plans, Soracom’s Plan X3-EU offers a simple, affordable solution for M2M devices and sensors. For customers ready to stop worrying about connectivity and get back to building, Plan X3-EU brings market-leading value together with reliable connectivity across Europe covering LTE-M, 4G, and NB-IoT where available.

The post Soracom Announces Low-Cost High Data IoT Plans For Europe appeared first on IoT Business News.

In this exclusive interview, IoT Business News sits down with Steven Baker, Chief Product Officer at KORE*, to discuss the company’s groundbreaking achievements, recent technological advancements, and strategic initiatives in the rapidly evolving Internet of Things (IoT) landscape.

From the acquisition of Twilio’s IoT connectivity business to the development of cutting-edge eUICC technology, Steven provides insights into how KORE is positioning itself as a leader in the market. He also shares success stories, highlights partnerships, and outlines the company’s future plans, offering a comprehensive overview of KORE’s vision and impact in the IoT space.

IoT Business News: Can you elaborate on KORE’s most significant achievements in the IoT space over the past year and how these have positioned the company in the market?

Steven Baker: The acquisition of Twilio’s IoT connectivity business unit has brought KORE an unparalleled combination of carrier IMSI and eUICC product capability. It has also positioned KORE with a highly scalable route to market with a self-service, developer-centric model enabling KORE to capitalize on the OEM drive for built-in connectivity during the manufacturing process.

Over the last year KORE has also launched the Pre-configured Solutions (PCS) business unit focused on delivering high-value IoT enablement services incorporating connectivity, hardware, and managed services into pre-configured bundles that reduce the complexity of deploying IoT applications.

KORE has also reached over 19 million IoT subscriptions in service making KORE one of the largest IoT MVNOs in the world.

What are the latest technological advancements that KORE has integrated into its IoT solutions? How are these innovations enhancing your offerings compared to your competitors?

One of the most recent technological advancements KORE has released is an eUICC technology called the Local Profile Management Applet. The KORE LPM Applet enables a host CPU to manage previously downloaded eSIM profiles locally using AT commands. This capability can be used to implement device-initiated fallback, device-initiated failover, resiliency, and similar advanced capabilities. The LPM applet combines the simplicity and reliability of M2M orchestration with the flexibility and power of local profile management, in a manner that’s forward-compatible with the SGP32 IoT standard. The applet interface is based on the SGP22 ES10 standard ensuring developers who use it get to keep their investment as they eventually migrate to SGP22 and SGP32 solutions.

Could you share a recent customer success story that highlights the effectiveness of KORE’s IoT solutions in transforming their business operations?

A key element of KORE’s ability to positively impact our customer’s business operations is through our multi-country, managed service and logistics solutions. KORE has a long history serving Healthcare OEMs and DMEs with critical healthcare logistics solutions. Recently, two KORE customers in this space experienced a 40% reduction in annualized new inventory spend by leveraging KORE’s reverse logistics, sanatization, and redeployment of pre-used equipment including custom device configuration enabling a single device to support multiple business lines.

With increasing concerns around IoT security, what steps has KORE taken to enhance the security features of its solutions?

KORE’s eSIM technology includes support for IoT SAFE. IoT SAFE establishes the SIM as the ‘Root of Trust’ to enable chip-to-cloud security. This technology can be configured during SIM manufacturing making it both scalable and simple to leverage using standard (D)TLS standards. It obviates the need for post manufacturing device provisioning which can be difficult to both provision and maintain when requiring periodic security updates over time.

How do partnerships shape KORE’s strategy in expanding its IoT solutions? Are there any recent or upcoming collaborations that we should be aware of?

KORE’s partner portfolio spans 30+ MNOs worldwide as well as many professional and managed service providers. These partnerships enable KORE to pull together nearly any combination of connectivity, hardware, and service to solve IoT challenges. KORE also has strong relationships with multiple cloud providers including most recently with Google. Recently, KORE also added partners with multiple third-party service providers to augment our manual and professional service portfolio to enable our vertically focused pre-configured solutions.

What markets does KORE plan to target in the near future? Are there new industries or regions where you see significant growth opportunities for your IoT solutions?

From a regional perspective, KORE has traditionally had a significant presence in North America and has been growing in the UK and EU with localized sales, logistics, and support teams. KORE’s carrier partner ecosystem is expanding in 2024 enabling KORE to focus more on the APAC region, and more specifically China.

From a vertical market perspective, KORE’s current PCS solutions target 3 vertical areas including enterprise Fixed Wireless (FW), Connected Health, and Fleet Management. These solutions are deployed throughout North America and are expanding into the UK, Europe, and Latin America in the coming months. KORE is also currently trialing an Industrial pre-configured solution.

How is KORE leveraging its IoT technology to promote sustainability within its operations and among its clients? Are there specific initiatives or projects that exemplify this approach?

KORE launched an initiative to reduce waste and support sustainability by reducing the size of card bodies in its SIM shipments, which ties into “IoT for Good” – a key initiative here at KORE that leverages innovations in IoT such as SIM and connectivity to enable us to live greener and longer, all while making informed, intelligent use of our global resources. Since the commercial launch of SIM cards three decades ago, approximately 4.5 billion SIM cards are sold and shipped each year industry-wide, accounting for more than 560,000 tons of carbon dioxide and 18,000+ tons of plastic waste annually. While the SIM card has reduced in size over the last three decades, the packaging the card body that holds the SIM has not. The KORE initiative reduces the card body by 50% and, relating to SIM cards, is expected to:

Reduce shipping costs by 50% due to the weight reduction
Reduce KORE’s carbon footprint by 16%
Aid customers in reducing plastic waste by 50%

Looking ahead, what are the next big steps for KORE in terms of product development and market strategies? Are there any upcoming innovations or technologies that you are particularly excited about introducing to the market?

KORE is evolving our eSIM technology to incorporate the SGP.32 (IoT) standard and increasing our coverage footprint with in-country coverage in the APAC region. OEMs worldwide will be seeking ways to leverage iSIM technology to open up new service potential and simplify logistics and provisioning at scale.

KORE also continues to evolve our AI modeling with new initiatives around it for managing IoT real-time operations and logistics analysis and monitoring as well as custom AI solutions for individual use cases requiring intelligent automation at scale.

The post Innovating IoT: An Exclusive Interview with KORE’s Chief Product Officer Steven Baker appeared first on IoT Business News.

Experience the future of IoT and industrial innovation with SECO’s latest solutions and partnerships at Booth 230.

SECO announced its participation at embedded world China 2024, the premier exhibition for embedded systems technologies, from 12 to 14 June at the Shanghai World Expo Exhibition and Convention Centre.

As a leading provider of end-to-end technological solutions, SECO is dedicated to driving innovation and excellence in the digitalization of industrial products and processes. This year, SECO will showcase its latest collaborations and cutting-edge products at Booth 230, featuring standout innovations.

At SECO’s booth, visitors can discover SECO’s latest Computer-on-Module solutions, boasting next-generation processor technologies across x86 and Arm® architectures, such as the SOM-SMARC-Genio700. This advanced SMARC module, developed in strategic partnership with MediaTek, leverage the powerful Genio family of System-on-Chips (SoCs) to deliver unmatched performance, energy efficiency, and broad connectivity options suited for diverse IoT applications. More powerful Computer-on-Modules will also be featured at the SECO booth, such as the COM Express® SOM-COMe-BT6-RPL-P equipped with 13th Gen Intel® Core processors (Raptor Lake U/P/H series) and Intel® Processor U300E. In addition, SECO will also present modules with their own small form factor, particularly suitable for handheld devices, such as the SOM-Trizeps-VIII-MX8M-Plus or SOM-Myon-II-MX8M-Mini.

Single-board computers (SBC) will also be on display at the booth, such as the SBC-3.5-RK3568. This 3.5” form-factor Single Board Computer features the Rockchip RK3568 processor, optimized for lightweight AI and IoT applications. It offers robust connectivity, multiple display support, and extensive peripheral interfaces for enhanced functionality and accelerated development.

In addition to its advanced modules and SBCs, SECO will display a selection of fanless embedded computers ideal for IIoT applications. Featured products include the Titan 300 TGL-UP3 AI, an edge AI solution leveraging the power of the 11th Gen Intel® Core and Celeron® SoCs integrated with Axelera AI’s Metis AIPU, delivering up to 120 TOPS.

To demonstrate the possibilities of AI in combination with fanless PC power, SECO presents an AI-based demo using the Palladio 500 RPL, which can detect people, recognize objects, and perform analyses in real time.

Another integral component of SECO’s exhibition is the scalable Modular Vision HMI family. These new off-the-shelf solutions, based on x86 and Arm® architectures, come with screen sizes ranging from 7 to 15 inches and up to 4K resolution. This versatile platform facilitates application-specific customizations, enabling users to tailor processor performance to meet evolving demands.

Visitors to booth 230 will also be introduced to Clea and StudioX, pivotal elements of SECO’s IoT and AI solutions portfolio. Clea, an open-source, modular software suite natively integrated into all SECO hardware, streamlines IoT implementations by enabling real-time management, analytics, and predictive maintenance. It facilitates secure remote software updates and the deployment of intelligent applications. Built on generative AI, StudioX offers businesses a way to enhance operational efficiency, improve customer satisfaction, and deploy innovative revenue-generating services through their own AI-powered support services.

At the SECO booth, various application demos will showcase Clea and StudioX in action, highlighting the power and simplicity of data orchestration and AI across diverse use cases.

Join SECO in Shanghai to explore how its innovative solutions can accelerate digital transformation and enhance competitive edge in the dynamic world of embedded technology and IoT.

The post SECO Showcases Next-Generation Technologies at Embedded World China 2024 appeared first on IoT Business News.

Kinéis and Semtech make satellite connectivity more accessible for the Internet of Things (IoT) by reusing standard terrestrial solutions.

This complementarity will provide global coverage to millions of users in a simple and direct manner.

Kinéis spatial connectivity easily integrated into Semtech chips

Kinéis and Semtech are proud to announce this strategic collaboration that integrates satellite and terrestrial IoT into a single electronic chip. Kinéis is a French satellite operator and global connectivity provider for the Internet of Things (IoT), offering near real-time data transmission to end-users with low bandwidth (small messages) and very low power consumption. Semtech is a global provider of high-performance semiconductors, IoT LoRa® and cellular systems, and high-quality connectivity and cloud services.

Thanks to this collaboration, users of Semtech LoRa Edge chips (including LR1110 and LR1120) can now have global IoT connectivity by leveraging Kinéis satellite connectivity in addition to terrestrial LoRaWAN® connectivity, without adding additional electronic modules. This Kinéis-Semtech collaboration paves a simple way to implement hybrid terrestrial-satellite devices supporting multiple standard connectivity protocols.

Specifically, with Semtech LR1110 chips, a user of terrestrial LoRaWAN IoT connectivity can enhance the functionalities of their applications to:

Receive data via terrestrial LoRaWAN connectivity when available,
Receive data via Kinéis satellite IoT connectivity elsewhere,
Receive complementary location data to GNSS information.

To enable partners using terrestrial IoT to access spatial connectivity, Kinéis provides them with a reference design, a guide to create an equivalent radio module.

On the occasion of the announcement of this close collaboration between Kinéis and Semtech, Alexandre Tisserant, President of Kinéis, stated: “This strategic collaboration meets market demand to combine the best available terrestrial and satellite networks, offering our customers continuous and absolutely global service, operating simply and transparently. The ability to use Kinéis technology on already available and widespread electronic components like those of Semtech illustrates the interest in rapid dissemination of satellite IoT applications.”

The Kinéis-Semtech offering highly anticipated by the IoT ecosystem

Kinéis is a key player in the satellite IoT market with sustainability sought by its customers. Only four years after its historic fundraising of 100 million euros, the Toulouse-based company will deploy, starting summer 2024, its constellation of 25 nanosatellites, the first European constellation dedicated to IoT.

The Kinéis-Semtech offer meets the expectations of IoT solution users. Among them, Beepings, as a pilot partner, welcomes this close collaboration between Kinéis and Semtech. Since 2017, Beepings has been developing autonomous tracking solutions with very long autonomy using the most innovative technologies, both in Indoor/Outdoor geolocation and data transmission for various external sensors.

Its President, Pierre Fourmestraux, speaks about this complementarity between terrestrial IoT and spatial IoT:

“The Kinéis-Semtech partnership simplifies access to satellite IoT and also reduces the cost of solutions thanks to the LR1110 chip. Beepings is already in the pre-industrialization phase of its first solutions based on Kinéis spatial connectivity and is able to consider very promising new application fields.”

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Cellular connectivity has become a very popular option for POS terminals and was incorporated in 52 percent of the devices shipped in 2023. The wireless technology has an important role in facilitating the global adoption of electronic payments, as it enables the rollout of POS terminals to many new market segments and parts of the world where the fixed line telecommunications infrastructure is less developed.

The installed base of cellular POS terminals reached 137.8 million in 2023.

Berg Insight forecasts a CAGR of 8.2 percent between 2023 and 2027, resulting in a total of 188.9 million cellular POS terminals at the end of the forecast period.

Berg Insight projects at the same time that the global installed base of NFC-ready POS terminals will grow at a compound annual growth rate (CAGR) of 7.8 percent from 235.1 million units in 2023 to 317.9 million units in 2027. As a result, more than 95 percent of the world’s POS terminals will be NFC-ready in 2027, up from 85 percent in 2023.

Johan Fagerberg, Principal Analyst at Berg Insight, said:

“The Android POS terminal category has become very popular lately. About a third of the POS terminals sold in 2023 were Android POS terminals.”

The mPOS terminal market is growing at about the same rate as the traditional POS terminal segment. mPOS is the use of consumer-oriented mobile devices such as tablets and smartphones that function as a point-of-sale terminal to facilitate payment card transactions through a connection to a card-accepting reader. The global installed base of mPOS terminals totalled an estimated 109.9 million units in 2023. The installed base of NFC-ready mPOS terminals grew to 79.1 million units during the same year as NFC penetration reached 72 percent worldwide. Berg Insight projects that the installed base of NFC-ready mPOS terminals will grow at a CAGR of 12.3 percent between 2023 and 2027 to reach 125.9 million units worldwide. This corresponds to a penetration rate of 88 percent in 2027.

“Today, the mPOS device segment has also started to face competition from SoftPOS solutions. SoftPOS technology allows businesses to accept payments via a standard iOS or Android device”, concluded Mr. Fagerberg.

The post The installed base of cellular POS terminals to reach 189 million in 2027 appeared first on IoT Business News.

New initiative is launching in partnership with iFoodDS and Trustwell to incorporate Wiliot’s ambient Internet of Things (IoT) data into their software solutions that will enable both companies to add real-time, fully automated, item-level traceability data to their platforms.

Underscoring its commitment to set a new benchmark for food safety, Wiliot, the ambient Internet of Things (IoT) pioneer, today announced a major new food safety initiative that works to create completely transparent and traceable supply chains – soon required for FSMA 204 compliance – through the adoption of ambient IoT technology.

Ambient IoT is a battery-free wireless technology that is being incorporated in multiple wireless standards, such as Bluetooth, 5G Advanced, 6G, and Wi-Fi – allowing food products to be connected to the internet and the power of AI at a fraction of the cost of legacy technologies.

The ambient IoT enables a new real-time inventory paradigm that not only benefits food safety and FSMA compliance, but is the key to more efficient store operations, surviving and thriving in the face of omni-channel competition, and competing on quality as well as value.

As part of this new initiative, Wiliot is partnering with food industry leaders iFoodDS and Trustwell to incorporate its ambient IoT data and technology into both companies’ safety and compliance platforms.

“Empowered by the unprecedented capabilities of the ambient IoT, the entire food industry can move beyond QR codes, advance shipping notices, and electronic documentation to a new traceability paradigm that is infinitely faster, entirely real-time, and drastically reduces the cost of manual labor and technology infrastructure,” said Wiliot CMO Steve Statler. “We look forward to working with iFoodDS and Trustwell to help some of the country’s largest food companies both meet FSMA 204 requirements, while simultaneously adding more value in terms of sustainability, freshness, and operational efficiency that advances the entire food industry.”

Trustwell’s software and consulting solutions are focused on their mission to increase transparency across the supply chain, giving food companies the tools they need to remain always ahead of industry regulations. As innovators and leaders, Trustwell brings together two products, FoodLogiQ and Genesis, to go beyond compliance and set a new standard for safety, transparency, and quality in the food industry.

“The incorporation of Wiliot’s ambient IoT data into our Trustwell Connect Platform will empower brands to have visibility across the supply chain with a trusted single source of truth, fully traceable, compliant and data-driven,” said Julie McGill, Vice President of Supply Chain Strategy and Insights at Trustwell. “More than 2,500 brands around the world rely on Trustwell to manage their regulatory requirements with more than 200 million Critical Tracking Events recorded using our FoodLogiQ Traceability software. The incorporation of Wiliot’s ambient IoT data into our tech solution is going to enable us to take food safety to a new level of traceability with precise execution.”

iFoodDS helps food companies deliver traceable, wholesome, high-quality products to consumers. iFoodDS’ connected traceability, quality, and food safety solutions give companies visibility and insight into their supply chains, reduce food waste, and optimize inventory quality.

“FDA’s Final Traceability Rule, FSMA 204, provides an important framework for the food industry,” Andrew Kennedy, Principal Traceability Advisor, iFoodDS, said today. “The food industry can leverage this framework in conjunction with Wiliot’s Ambient IoT technology and iFoodDS software to significantly enhance food safety, food freshness, and operational efficiency. This game changing technology will help usher in the New Era of Smarter Food Safety.”

Modernizing food safety is critical to the health and wellbeing of people everywhere. The CDC estimates that each year, roughly one in six Americans get sick from foodborne illness. Of those people, 128,000 are hospitalized and 3,000 lose their lives to foodborne disease.

The FDA took decisive action in November 2022, when it finalized its FSMA Rule 204 rule that established a foundation for end-to-end food traceability by focusing on tracking certain foods at each step across the supply chain and expanding beyond ‘one-up, one-back’ traceability. The goal of Rule 204 is to create visibility within the supply chain to enable a better response to foodborne illnesses, contamination, and other public health and safety issues. The food industry has until January 2026 to comply with Rule 204.

“This goal of better protecting consumers cannot be achieved without creating greater transparency and traceability throughout the entire chain of food production distribution system,” said Frank Yiannas, former Deputy Commissioner of the Food & Drug Administration (FDA) and one of the authors of FSMA Rule 204, who also serves as a Strategic Advisor to Williot.

“Wiliot, iFoodDS, and Trustwell are uniquely equipped to make this transparency a reality faster and more efficiently thanks to their collective embrace of a new technology paradigm unlike anything we’ve seen before.”

Wiliot’s battery-free ambient IoT Pixels can attach to any food product or packaging to connect it to the internet and embed it with intelligence. Once attached, products push out item or case-level information about their location, temperature, carbon footprint, and more – equipping food retailers and companies with the high-definition real-time data that is now required as part of FSMA Rule 204.

Wiliot is already working with iFoodDS and Trustwell on a series of FSMA 204 compliance pilot projects with some of the country’s largest food companies. The depth and breadth of these collaborations will continue to scale throughout 2024, ahead of the January 2026 FSMA compliance deadline.

The post Wiliot Introduces New Ambient IoT Food Safety Initiative to Help the Food Industry Create Safer, More Traceable Supply Chains appeared first on IoT Business News.

New integrated monetization platform enables car OEMs to quickly launch, scale and monetize their connected car services in Europe.

KPN IoT and Austrian IoT connectivity provider Freeeway introduce an integrated IoT monetization platform for the automotive market.

The solution enables automotive OEMs and part manufacturers to generate new and recurring revenue streams from their connected cars in Europe.

Quickly adding new revenue streams

The platform combines Freeeway’s IoT Monetization Hub with M2M connectivity from KPN IoT. This all-in-one solution removes the key challenges that car manufacturers face when entering and scaling in highly regulated markets such as Europe. With an integrated and compliant identity verification process, payment provider integrations, the license to sell mobile data plans as well as billing and subscription management capabilities, OEMs attain a quicker time to market and can start adding new revenue streams from their EV cars fast.

Activate and use new services from the convenience of your car seat

Car drivers who have this solution on board will be able to select, activate and enjoy data plans to enable content, entertainment and car features – including traffic information, location services and remote car controls – conveniently through a user-friendly interface from Freeeway. These services can also be extended to other car related IoT devices such as EV wall chargers by offering specific connectivity data plans via the Freeeway platform.

KPN IoT’s global connectivity ensures the communication between the car and the monetization platform and provides the best network which is required to deliver the preferred services to users in each country. Based on the country where the car is sold, KPN IoT ensures that the content is always localized. This, for example, means that German car owners will have access to German Netflix content.

KPN IoT and Freeeway have been partnering for over 8 years, jointly connecting millions of IoT devices in different sectors. With this new offering for the automotive industry, the two companies are bringing their consultative, customer centric and tailored approach to automotive companies that are looking to grow and monetize their EV cars in Europe quickly.

“The way cars are used is changing. The needs of car owners go far beyond performance and specifications. Moreover, with autonomous driving on the horizon, the ability to deliver connectivity, entertainment and productivity to cars will become even more prominent. Car manufacturers have been subsidizing connectivity services, but that is simply not a sustainable long-term option for them. They need new monetization options. We see a huge opportunity for and interest in our platform that helps car manufacturers to do exactly that, now and in the future.” – Harald Fuchs, CEO Freeeway.

“KPN IoT has been active in the automotive industry since 2014, serving companies such as Lotus, MG, ZF and others in order to provide global connectivity to their products. Currently, millions of EVs are driving around with KPN SIMs on board in Europe and on other continents. From eCall to predictive maintenance and intelligent insurance, we enable a wide range of IoT applications in the automotive market. We are very excited to add to this range by bringing this joint solution with Freeeway to market, helping automotive companies develop new business models in an industry that is going through a major transformation.” – Carolien Nijhuis, Managing Director KPN Internet of Things & Data Services

The post KPN IoT and Freeeway help car manufacturers add new revenue streams from connected cars appeared first on IoT Business News.

Data traffic from cellular IoT connections is expected to rise to 110.8 exabytes (EB) by 2028, according to Omdia’s latest research.

This surge is driven by heightened demand for data that can be analyzed, aimed at enhancing operational efficiency to generate new revenue streams for companies.

The research uncovered that most cellular IoT data traffic will originate from the automotive vertical, with the largest use cases being infotainment such as streaming video and audio, and firmware over-the-air updates. Over the period between 2023 to 2028, automotive data traffic is forecast to rise from 18.6 EB to 59.4 EB, fueled by the integration of infotainment systems in newer vehicles with greater numbers of consumers taking up these services expected to utilize 5G connectivity. Transport and logistics emerge as the next significant vertical for cellular IoT data traffic, while all other verticals collectively account for less than 25% of the total traffic after 2024 according to the report.

Alexander Thompson, Senior Analyst for IoT at Omdia stated:

“A small number of use cases are responsible for the majority of cellular IoT data traffic. It is evident that video use cases, particularly those with mobility, such as video screens in cities and retail settings, will generate the highest data traffic.”

“The exponential growth in cellular IoT data traffic is being driven both by specific use cases and the growth in hyperscale IoT, characterized by the increasing connections of vast numbers of low power devices. Despite this, cellular IoT data traffic remains only a modest portion of the overall cellular data traffic landscape,” added Andrew Brown, Practice Lead for IoT at Omdia.

Furthermore, the research highlights Asia & Oceania will be the largest region for data traffic, comprising 60.6% of the global figure in 2023. This trend is attributed to the high number of video cameras installed, particularly within smart cities initiatives across the region.

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