Improving Business Models for Deploying Vehicle Telematics
Provider of cellular IoT chipsets, Altair Semiconductor, has announced it is partnering with ERM Advanced Telematics, a global provider of automotive technology and IoT solutions, to develop a new range of low-powered and installation-free automotive IoT solutions.
ERM’s new set of IoT and asset management solutions leverages Altair’s optimized cellular IoT chipsets to provide installation-free solutions for IoT, asset management, stolen vehicle recovery (SVR) and vehicle financial services. These will include event-based platforms for automatic vehicle location and asset management applications using various sensors.
The ultra-low power consumption of Altair’s chipsets allows the device to be connected without having to be powered by the vehicle’s battery, significantly reducing installation costs.
Kfir Lavi, Senior VP and Deputy CEO at ERM Advanced Telematics, said: “As installation costs continue to rise in comparison to hardware prices, Altair’s unparalleled low power figures and extended battery life means we can provide on-board solutions with minimal installation requirements that are able to remain in the field for up to two years.
“This will usher in a new dawn for IoT and asset management, opening up a whole new market of applications for a wide range of automotive IoT scenarios.”
Altair’s optimized cellular IoT chipsets are the industry’s most advanced, providing the market’s lowest power consumption and enabling the longest battery life for IoT. Commercially available, they feature a hardware-based security framework and a rich set of host, peripheral and sensor interfaces, ideal for integration in a range of industrial and consumer IoT applications.
“Low power consumption is essential for the efficient and long-term growth of the automotive IoT space,” said Gili Friedman, Director of Business Management for Altair Semiconductor. “We are delighted that ERM Advanced Telematics has selected Altair’s cellular IoT technology to provide the low cost and power-efficient connectivity necessary to enable new markets and use cases.”
