Operator group Vodafone has struck a deal with US business risk management services firm Towers Watson to introduce telematics/usage-based insurance services to the operator’s connected car offering. The service will be offered to motor insurance companies operating outside of North America.
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There are great opportunities in the Machine to Machine sector, largely due to the sheer volume of devices expected to be connected to the Internet of Things. The Telematics market is the longest-standing and most mature part of the M2M industry and has been a test bed for the design of more robust, reliable and longer-lasting components.
The fact that Google has just acquired the first-ever self-driving car licence should come as no surprise. Yet a surprise participant that could make a huge impact on the market is Canadian Blackberry maker RIM, which could see its software development offset poor performance in the handset and tablet space.
US carrier Verizon should think of itself as a hub for all internet connectivity and not just a service provider, the company said to an audience at the Broadband World Forum on Tuesday. Aparna Khurjekar, executive director of business solutions group at Verizon said: “We could be providing a gamut of services that could be supported by Verizon and monetising them. You have to extend beyond cellular.”