Telit
From Wikipedia, the free encyclopedia
| Telit Wireless Solutions (TWS) | |
|---|---|
| Type | Subsidiary of Telit Communications PLC (AIM: TCM) |
| Founded | Trieste, Italy (1986) |
| Headquarters | Rome, Italy |
| Key people | Oozi Cats, Chief Executive Officer of Telit Communications PLC; Dominikus Hierl, President Telit Wireless Solutions |
| Industry | telecommunications |
| Products | telecommunications |
| Revenue | € 27,7 million (2006) |
| Employees | > 230 |
| Website | www.telit.com |
Contents |
[edit] Telit Wireless Solutions (Company)
Telit Communications PLC (AIM: TCM) is a global vendor of cellular machine-to-machine (M2M) technology headquartered in Italy, which had a compounded annual growth rate (CAGR) of 70% in the last four years. Telit Wireless Solutions (TWS) is a subsidiary of Telit Communications PLC. From its headquarters in Rome, Italy, regional headquarters in Seoul, Korea, and Raleigh, USA, and a wide network of sales offices located in China, Denmark, France, Germany, Great Britain, Israel, Italy, Korea, Spain, Taiwan, and the U.S., Telit provides global support to its customers worldwide.
[edit] History
In 1986 the company started as Telital and Telital automotive - an engineering company providing research and development services to multinational telecoms. In 1997, the company began manufacturing and marketing products under the Telit brand. Telit launched its first M2M module called Datablock in 1998. Since 1997, millions of cellular handsets and other mobile communications devices such as the first Globalstar satellite mobile phone have been supplied to users and operators worldwide. Today, Telit develops, manufactures and markets GSM/GPRS, UMTS/HSDPA and CDMA/EVDO enterprise communication modules for machine-to-machine (m2m) applications which streamline business processes by enabling machines, devices and vehicles to communicate via mobile networks.
[edit] Market
Allowing real-time monitoring and control, minimizing or dispensing human intervention, M2M is gaining significant market traction as it addresses the ever-increasing demands in speed, savings, and accuracy in the business world. Today, M2M applications are serving key functions. The M2M market is growing rapidly. According to ABI Research[1], the compounded annual growth rate (CAGR) of the global M2M market during the forecast period between 2006 and 2012 is expected to be 31%.
[edit] What is m2m communication about?
The chief value of M2M (Machine to Machine) is to enable applications that allow businesses to increase productivity and competitiveness through increased efficiencies, cost-savings, and improved levels of service. M2M refers to telemetry or telematics that is accomplished using networks, especially public wireless networks. Key-applications are:
• Connecting machines to other machines – e.g. remote production environments.
• Connecting machines to service centers – e.g. cars that automatically notify service centers of maintenance issues.
• Connecting service centers to machines – e.g. vending machines that report the stock status to a central inventory system.
• Connecting individuals or vehicles to machines – e.g. indicating their geographical position for enhanced personal security.
M2M applications can be found in a wide range of industries and sectors including vending machines, automated meter reading (AMR), point of sales terminals, transport and logistics, healthcare, security technology and many other applications.
To ensure that value-chain players can profit from efficiency benefits afforded by the use of M2M modules, high quality, cost-effective, scalable and market-oriented solutions are needed. Additionally, the demands on M2M modules will continue to increase in the future – requiring substantial added versatility in use. The integration of complementary technologies such as GPS (Global Positioning System), Bluetooth and ZigBee at the module level will gain importance from the perspective of total cost of ownership and time to market.
[edit] References
- ^ Insert footnote text here
1 ABI Research, The Cellular M2M Module Market, 2Q 2007
