Telit`s Telematics division contributes about 30 per cent of its overall business in India and is expected to account for 40-45 per cent in the coming years.
Telit Communications Plc, a global enabler of Internet of Things (IoT) technology and value-added services announced that it would be playing a leading role in tapping the untapped potential in the field of Automotive Telematics in India. As the leading IoT adopting vertical, Transportation is reshaping itself with innovation, improvements and additional efficiencies brought about by connected vehicles, smarter fleets, rider experience-focused public transport and others. A greener, safer and friendlier world on the roads and in the vehicle will continue emerging from a whole new wave of solutions offered by Telit.
Presently Telit India focusses on energy, automotive and PoS (point of sale, hand held terminals). Currently, the Telematics division is contributing around 30 per cent of its overall business in India and is expected to account for 40-45 per cent in the coming years. Initially, it was garnering orders solely from the aftermarket but now the growth is also coming from OEMs.
Ashish Gulati, Country Manager, said, “For the automotive industry, we offer Telematics solutions for both public vehicle(PV) and commercial vehicles(CV) segments such as in-vehicle navigation system, and vehicle tracking system. In CVs, vehicle tracking systems have been installed for trucks and buses for Fleet Management Solutions (FMS) and logistics providers. We are also working with the government to understand their challenges and roadmaps in terms of telematics adoption in the CV space.”
He adds, “Going forward, we will be adding another product solution called On-Board Diagnostics (OBD) in India. Modern OBD implementations use a standardised digital communications port to provide real-time data in addition to a standardised series of diagnostic trouble codes (DTCs), which allow one to rapidly identify and remedy malfunctions within the vehicle. With the inclusion of Automotive Telematics Onbaord Unit Platform (ATOP) modules, we have already strengthened our business in this domain and we are looking forward to introducing this solution in the Indian market,” stated Gulati.
Telit has telematics modules mainly for tracking devices for vehicles and a separate module meant for on-board diagnostic units (OBD).
Kyungjun Lee, Senior Director Marketing APAC, says, “The applications of IoT in various fields have brought innumerable benefits and minimal cost and high efficiency. For our customers, our cloud platform allows them to quickly develop their own applications. With our cloud-based services including part of the security, connectivity, etc, customers can focus on their applications, rapid development and speed time to market, and achieve cost reductions. In automotive section, we have a good number of customers globally. We have a number of modules which cover different technologies in our space. India has a vast and a fast growing market for IoT and many companies are betting on this technology. Our sales are growing in China and we see a lot of potential in India to catch up and compete globally. India has a lot of potential in Telematics and it is big in India especially in the automotive sector.”
Mobility and IoT technologies would play a crucial role in the development of smart cities. Gulati added, “Indian Government`s plan to develop smart cities and deploy information and communication technologies for efficient use of resources resulting in cost and energy savings, improved quality of life, and reduced environmental footprint IoT technologies will play a vital role in realising this vision of the government. IoT technologies would also play a key role in enhancing the delivery of healthcare and education services in the smart cities. Smart cities in turn, will also ensure that IoT becomes a reality in India, making everyday objects readable, recognisable, locatable, addressable and controllable via
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