Octo Telematics Enhances Service to Insurance Companies across Europe with Global IoT Solutions from Orange Business Services
03 Ottobre 2018 - 3:00PM
Business Wire
- Orange IoT Managed Global
Connectivity provides Octo with secure and reliable M2M
connectivity solution
- Single global IoT connectivity
platform to manage more efficiently Octo’s connected users
24/7
Octo Telematics, the leading provider of telematics and data
analytics for the auto insurance industry, has renewed and expanded
its contract with Orange Business Services. The new three-year
contract will allow Octo to manage, monitor and diagnose a large
fleet of IoT devices autonomously, which will enhance its
customers’ service quality and optimize their operational
efficiency. Thanks to this broad collaboration, Octo will also be
able to roll out connected solutions faster.
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Octo develops and markets a complete range of vehicle telematics
solutions, such as automatic crash alerts, on-call assistance and
car accident liability analysis. The solutions also range from
personal insurance models, such as Usage Based Insurance to shared
mobility, fleet management and eco-driving management. Octo has
more than 5.6 million connected users across the world and has a
commercial relationship with more than 100 partners.
The Orange IoT Managed Global Connectivity includes SIM coverage
across Europe to personalize Octo services, carry out remote
analysis and reduce overall running costs. They will be able to
collect information and conduct analytics using behavioral,
contextual and other telematics data. This will help insurance
companies assess risk and enhance the accuracy of crash
notification and claims management while improving customer
relationships. Using this technology, insurance companies will also
be able to make critical business decisions, evaluating the price
risk while looking after their customers.
A dedicated portal for the management of SIM cardsIn addition to
IoT global connectivity with embedded SIM cards, Orange is
providing an IoT management platform offering automated SIM
management via a dedicated portal in real time. Octo will receive
support through a team of IoT experts available 24/7 alongside
tools that will allow it to manage its connectivity solution
effectively online.
“As a pioneer in the telematics arena, we are continually
innovating to provide our customers with an enhanced platform for
behavioral, contextual and driving analytics. Orange IoT global
connectivity will enable us to build services that seamlessly
integrate the data provided by the SIM cards with Octo’s platform,
allowing fleets to be managed in real time across Europe,” said
Jonathan Hewett CMO, Octo Telematics.
“Octo Telematics was facing a business transformation and needed
an IT partner able to support its growing business throughout
Europe, while also providing a personalized service, analysis and
remote management. We were able to meet their needs with a solution
to manage their connected users in full autonomy, offering them
more operational efficiency and flexibility,” said Fabrice de
Windt, senior vice president, Europe, Orange Business Services.
About Octo TelematicsOcto is the number 1 global provider of
telematics and data analysis solutions for the auto insurance
industry. Founded in 2002, Octo is one of the pioneers of the
insurance telematics industry. Today, Octo is the largest and most
experienced insurance telematics company in the world, transforming
auto insurance through behavioral, contextual and driving analytics
for more than 100 insurance partners. Octo has more than 5.6
million connected users and the largest global database of
telematics data with over 207 billion miles of driving data
collected and 447.000 crashes and insurance events analyzed (as
30th June 2018). Octo applies proprietary algorithms to its
market-leading database to deliver powerful new insights into
driver risk, informing solutions that benefit both auto insurance
companies and policy holders. The company is headquartered in Rome
with offices in Boston, London, Stuttgart, Madrid and Sao Paulo.
www.octotelematics.com.
About Orange Business ServicesOrange Business Services, the B2B
branch of the Orange Group, and its 22,000 employees, is focused on
supporting the digital transformation of multinational enterprises
and French SMEs across five continents. Orange Business Services is
not only an infrastructure operator, but also a technology
integrator and a value-added service provider. It offers companies
digital solutions that help foster collaboration within their teams
(collaborative workspaces and mobile workspaces), better serve
their customers (enriched customer relations and business
innovation), and support their projects (enriched connectivity,
flexible IT and cyberdefense). The integrated technologies that
Orange Business Services offer range from Software Defined Networks
(SDN/NFV), Big Data and IoT, to cloud computing, unified
communications and collaboration, as well as cybersecurity. Orange
Business Services customers include over 3,000 renowned
multinational corporations at an international level and over two
million professionals, companies and local communities in
France.
Learn more at www.orange-business.com or follow us on LinkedIn,
Twitter and our blogs.
Orange is one of the world’s leading telecommunications
operators with annual sales of 41 billion euros in 2017 and has 260
million customers in 28 countries at 30 June 2018. Orange is listed
on Euronext Paris (symbol ORA) and on the New York Stock Exchange
(symbol ORAN).
Orange and any other Orange product or service names included in
this material are trademarks of Orange or Orange Brand Services
Limited.
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version on businesswire.com: https://www.businesswire.com/news/home/20181003005414/en/
Press contacts:Orange Business ServicesElizabeth Mayeri, +1 212
251 2086elizabeth.mayeri@orange.comorUfficio Stampa OctoEmilia
Maria Pezzini, +39 02 89011300e.pezzini@imagebuilding.it
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