Usage-based-Insurance to fuel telematics

摘要

In India, where telematics is in a nascent stage, the market is estimated to cross $100 million in the next 2-3 years with vehicle telematics, driven by cellular M2M connections, taking lead over metering infrastructure and remote monitoring and control Connected Office. Connected Home. Connected Car... Life is turning digital... at a fast clip. The blending of IT and wireless telecommunications technology is driving it. Referred to as Machine-to Machine (M2M) communication or telematics, the technology is finding applications that are bringing huge efficiencies while turning the process or the service addressable in real- time and creating market opportunities for businesses.