Infotainment and Telematics units gets more Secured

Argus Cyber Security and STMicroelectronics have come together to serve customers better with enhanced cyber security of connected automotive technologies. As telematics and infotainment units become increasingly complex to support high-value connected services, they become more vulnerable to cyber-attacks.

The duo efforts will go into detecting and blocking attacks on vehicle telematics units in real-time and prevent them from proliferating to the in-vehicle network.

Besides integrating Argus Connectivity Protection with ST’s Telemaco3P automotive microprocessor, the joint solution with Argus Lifespan Protection provides automakers with: situational awareness of the cyber health of their fleets on the road. The integrated offering provides a critical piece in a multi-layered approach to cyber defense, helping automakers secure vehicles and ensuring the safety of drivers and the public.

Besides enhancing connected automotive technologies, the other benefits of the joint solution include insights into emerging threats through big data analytics, and the ability to mitigate new threats through security updates over-the-air and enhance the secure deployment of remote services (applications, SW updates).

The Telemaco3P solution with Argus Connectivity and Lifespan Protection and its cross-platform operating system capabilities (compatible with Linux, QNX, Android and more) is on display during CES 2018.

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Berg Insight assesses how telematics systems for construction equipment are on the rise

An estimate provided by Berg Insight has shown that the installed base of active construction equipment (CE) OEM telematics systems globally will hit 4.6 million in 2021, compared to 1.8 million units in 2016.

The estimated target of the 4.6 million units will be achieved by registering a CAGR of 21.3%. This includes all CE telematics systems marketed by CE OEMs, either formulated in-house or supplied by the CE manufacturers in conjunction with third-party telematics players.

According to Berg Insight estimates, at the end of 2016 the European market accounted for nearly 0.4 million active CE OEM telematics systems. It is estimated that the North American market is marginally bigger than its European counterpart.  The rest of the world represents over 50% of the global installed base of CE telematics systems provided by construction equipment OEMs.

Alongside this, another Berg Insight research report projected that the number of active insurance telematics policies in the European market will reach 30 million by 2021, growing at a CAGR of 34.8%. In Q4/2016, this number stood at 6.8 million. While for the same period, the number of active insurance telematics policies in the North American market is anticipated to grow at a CAGR of 38.2% to reach 35.2 million, compared to 6.9 million in Q4/2016.

While hardwired aftermarket black boxes primarily dominate the European insurance telematics market, vast majority of the active policies in the North American market is represented by self-install OBD devices. However, in the recent times, a number of prominent US insurers have focussed on smartphone-based solutions. In the future, Berg Insight is anticipating a rapid increase in the uptake of smartphone-based solutions in all markets.

While the North America telematics insurance market is dominated by US-based Progressive, Allstate, Liberty Mutual and State Farm, the Canadian market is led by Desjardins. On the other hand, Italy-based insurers UnipolSai and Generali Generali together accounted for nearly 50%of the telematics-enabled policies in the European market.

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The installed base of construction equipment OEM telematics systems will reach 4.6 million units worldwide by 2021

The installed base of construction equipment OEM telematics systems will reach 4.6 million units worldwide by 2021

The installed base of construction equipment OEM telematics systems will reach 4.6 million units worldwide by 2021

Berg Insight estimates that the global installed base of active construction equipment (CE) OEM telematics systems reached almost 1.8 million units in 2016.

Growing at a compound annual growth rate (CAGR) of 21.3 percent, the active installed base is estimated to reach 4.6 million units worldwide in 2021.

This includes all CE telematics systems marketed by construction equipment OEMs, either developed in-house or provided by the CE manufacturers in partnership with third-party telematics players.

Berg Insight estimates that the European market accounted for almost 0.4 million active construction equipment OEM telematics systems at the end of 2016. The North American market is estimated to be slightly larger than the European. The Rest of World represents more than half of the global installed base of CE telematics systems provided by construction equipment OEMs.

Most major construction equipment OEMs have introduced telematics offerings for its customers either independently or in collaboration with telematics partners. OEM telematics systems are today commonly factory-installed as standard at least for heavier machines.

Berg Insight ranks Caterpillar and Komatsu as the leading construction equipment OEMs in terms of the number of CE telematics systems deployed worldwide. “The leading construction equipment manufacturers by market share are unsurprisingly also by far the top players when it comes to the number of OEM telematics subscribers”, said Rickard Andersson, Senior Analyst, Berg Insight.
He adds that this is a natural development in an industry where telematics has increasingly been included as standard with the machine purchase for quite some time, gradually covering more models and equipment categories.

Mr. Andersson continued:

“Caterpillar and Komatsu together account for more than one million telematics units today.”

Berg Insight chart: installed base of active construction equipment OEM telematics units 2016-2021Other key players include Japan-based Hitachi Construction Machinery and South Korea-based Hyundai Construction Equipment as well as JCB, Volvo CE and Deere & Company which are based in the UK, Sweden and the US respectively. South Korea-based Doosan Infracore, Liebherr based in Switzerland and CNH Industrial which is headquartered in the UK all have global installed bases of construction equipment telematics units in the low tens of thousands. “Notably, half of the top-10 OEMs have surpassed the milestone of 100,000 telematics units globally”, concluded Mr. Andersson.

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Europe and North America will reach 65.2 million active insurance telematics policies in 2021

Europe and North America will reach 65.2 million active insurance telematics policies in 2021

Europe and North America will reach 65.2 million active insurance telematics policies in 2021

According to a new research report from the IoT analyst firm Berg Insight, the number of insurance telematics policies in force on the European market reached 6.8 million in Q4-2016.

Growing at a compound annual growth rate (CAGR) of 34.8 percent, this number is expected to reach 30.0 million by 2021.

In North America, the number of insurance telematics policies in force is expected to grow at a CAGR of 38.2 percent from 6.9 million in Q4-2016 to reach 35.2 million in 2021. The European insurance telematics market is largely dominated by hardwired aftermarket black boxes while self-install OBD devices represent the vast majority of the active policies in North America. Several major US insurers have however recently shifted to solutions based on smartphones. Berg Insight expects a rapid increase in the uptake of smartphone-based solutions in all markets in the upcoming years.

Martin Svegander M2M/IoT analyst at Berg Insight, said:

“The US, Italy, the UK and Canada are still the largest markets in terms of insurance telematics policies.”

In North America, the market is dominated by US-based Progressive, Allstate, Liberty Mutual and State Farm as well as Intact Financial Corporation and Desjardins in Canada. The Italian insurers UnipolSai and Generali together accounted for around 50 percent of the telematics-enabled policies in Europe. Insurers with a strong adoption of telematics-enabled policies in the UK moreover include Admiral Group, Insure The Box and Direct Line. Several insurers in the rest of Europe have also shown a substantial uptake of telematics in 2016–2017.

“Insurers are increasingly expected to embrace every aspect of telematics to reduce the cost of claims, improve the underwriting process and add services to increase the customer value through differentiated telematics offerings”, continued Mr. Svegander.

He added that several attempts to reduce distracted driving and increase consumer engagement using smartphone-based insurance telematics have been seen in both Europe and North America. “Consumer engagement is now the focus for most insurance telematics programmes and will continue to be an important topic in the near term”, concluded Mr. Svegander.

Berg Insight chart: insurance telematics policies in force Europe and North America 2016-2021The insurance telematics value chain spans multiple industries including a large ecosystem of companies extending far beyond the insurance industry players. Automotive OEMs are showing an increasing interest in insurance telematics. Examples include General Motors, Ford, BMW, Daimler, PSA Group and Fiat. The vehicle manufacturers are expected to drive the long-term development of insurance telematics by offering the possibility to utilise connected car OEM data in pay-how-you-drive offers.

Notable aftermarket telematics service providers with a focus on insurance telematics include Octo Telematics with over 5.3 million active devices in Q4-2017 and other end-to-end solution providers such as Vodafone Automotive and Viasat Group. LexisNexis Risk Solutions, Intelligent Mechatronic Systems, Cambridge Mobile Telematics, Modus, The Floow, Scope Technologies and TrueMotion are also important players on the insurance telematics market.

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Construction equipment telematics set to rise on building sites, says Berg Insight

Construction equipment telematics set to rise on building sites, says Berg Insight

As construction machinery manufacturers increasingly sell connected products, the building sector looks set to build a new image for itself as a technology enthusiast and embrace digitization. 

The construction industry has a reputation as a technology laggard, with dire repercussions for productivity and profitability.

Last year, researchers at strategy house McKinsey & Company singled it out as a sector “ripe for disruption”, calculating that large projects typically take 20 percent longer to finish than scheduled and come in 80 percent over budget. Worse still, productivity in the building industry has actually declined in some markets since the 1990s.

More digitization and the introduction of IoT technologies could do much to rectify the situation, McKinsey’s analysts say in their report, and this week there have been signs that the sector is starting to understand that. A report from Berg Insight forecasts healthy growth in the global installed base of construction equipment telematics systems, which reached 1.8 million units in 2016. By 2021, that number is set to reach 4.6 million units.

Read more: Dewalt powers ahead with IoT plans for construction workers

Towards telematics

Berg Insight’s report, The Global Construction Equipment OEM Telematics Market, covers all construction equipment (CE) telematics systems offered by equipment manufacturers, either built in-house or developed in partnership with telematics specialists. 

The European market accounted for almost 0.4 million units at the end of last year, with the North American market estimated to be slightly larger, and the rest of the world accounting for more than half of the global installed base.

“Most major CE OEMs [original equipment manufacturers] have introduced telematics offerings for its customers, either independently or in collaboration with telematics partners,” says Berg Insight’s report.

These are commonly factory-installed as standard, at least for heavier machines, it adds, with Caterpillar and Komatsu ranking as the leading OEMs in terms of the number of CE telematics systems deployed worldwide. These two companies together account for more than one million telematics units today, said Berg Insight analyst Rickard Andersson.

Read more: JCB uses IoT to control 10,000 construction machines

Other key players

Other key players include Hitachi Construction (based in Japan), Hyundai Construction Equipment (South Korea), JCB (UK), Volvo CE (Sweden) and Deere & Company (US). Smaller players include Doosan Infracore (South Korea), Liebherr (Switzerland) and CNH Industrial (UK).

“Notably, half of the top 10 OEMs have surpassed the milestone of 100,000 telematics units globally,” said Mr Andersson.

This is important, because these telematics systems can help construction firms locate equipment on busy building sites and assess their recent utilization and performance. Beyond that, the data collected can be used to detect maintenance requirements and send automated alerts for preventative maintenance.

In short, the construction industry has much to gain (and it seems, little to lose) by getting new insights into bulky and expensive machinery that firms typically hope to use for many years to come.

Read more: Clicks for bricks, Procore cements construction management software

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