Telit Wireless Solutions and Agnik, a data analytics software company, will collaborate on Internet-of-Things applications and big data analytics for connected devices in the auto, home and health industries. The companies both have existing software platforms for insurance telematics.

Agnik’s applications expand the quality and quantity of integrated IoT apps and analytics available to customers and ecosystem partners of Telit’s deviceWISE application enablement platform (AEP), the companies said. 

Aggregating and managing the many data sources available as a result of the proliferation of smart devices can be challenging, the companies said, as is analyzing and extracting insights to help make more informed business decisions.

 

See Also: 10 Internet of Things Trends and Considerations

The Internet of Things already is beginning to transform the automotive industry, for example, where big data analytics can offer a better understanding of vehicle performance and automotive risk management, and the opportunity to connect with customers to improve efficiency and brand-loyalty -- while mulling new revenue models.

In the home, big data analytics are helping to manage energy consumption and maintain security. People now are wearing quasi-healthcare devices on their bodies night and day, which can offer insights on activity levels and general health. 

See Also: 

“We are honored to welcome Agnik as a deviceWISE business partner. Agnik’s leading IoT apps and big data analytics further expand the number of off-the-shelf deviceWISE Ready solutions that are available to customers, MNOs and partners worldwide,” said Gideon Rogovsky, SVP, sales and marketing of deviceWISE platform at Telit. “Telit is creating a growing ecosystem of world-class IoT solution providers – ranging from the device side to applications and analytics.”
This article courtesy of Information Management's sister brand, Insurance Networking News.

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