The new analytics service will combine Orbcomm’s telematics expertise and IoT solutions.
Machine-to-machine and IoT solution provider Orbcomm announced the launch of its new cloud-based analytics service. The new service will bring together the company’s telematics experience and IoT solutions to give customers improved insights into their organization’s operations.
The service allows them to extract real-time information from asset-based data for predictive analysis and forecasting for better business results.
The service is aimed at the supply chain, heavy equipment, and transportation & logistics markets, where it will provide real-time transactional and operational data along with predictive and prescriptive insights for improved operational optimization. The service promises to offer high speed and be cost-effective.
“Orbcomm continues to exemplify leadership and innovation in industrial IoT by redefining what it means to be an end-to-end IoT solutions provider with the addition of our new analytics Cloud service,” said Marc Eisenberg, Chief Executive Officer of Orbcomm Inc. “By responding to customer demand for more sophisticated business intelligence applications, Orbcomm has launched a comprehensive analytics platform that can transform asset data into usable, ROI-driven information to help customers improve performance and efficiency and make better business decisions.”
The company has identified several use cases for the new analytics service including fleet driver performance, refrigerated transport management, predictive maintenance for machines, operational cycle management, dwell time management, business optimization, condition delivery management, preventive maintenance, and operational performance.
The company said it has hired a team of world-class experts and licensed production hardened core technology to launch and distribute the new service. It’s now available to all and offers the best of both open source innovation and analytics tools. The company also offers satellite and cellular connectivity and a variety of hardware and software solutions.