This blog compiles learning, insights, and updates about remote, unpowered asset tracking and the general Machine to Machine space (M2M). Here, we talk about how SkyBitz clients can and do use our technology to better manage their business and assets. We also hear from our industry-leading partners and executives to see where remote asset tracking will go next.
Based just outside of Washington DC, SkyBitz is a leader in global remote asset management solutions, providing real-time information on the location and status of assets. More than 700 enterprises rely on SkyBitz technology to achieve total asset visibility, improved security, lower operating and capital expenses, and enhanced customer service. SkyBitz delivers its solution via SkyBitz Insight, a secure web-based application that is fully customizable and requires no software downloads. SkyBitz is a privately held company backed by CIBC Capital Partners, Highstar Capital, Inverness Graham Investments, Motorola Ventures and ITV, a fund of Cordova Ventures.
This week SkyBitz will be at the ALK Transportation Technology Summit in Princeton, New Jersey to join other leaders in the transportation industry for candid discussions on ways technology will continue
to move the industry forward. As part of our participation in the event, our SVP and General Manager, Henry Popplewell, will be speaking on Thursday, May 16th, sharing a Cloud-Based Asset Management case study with one of our customers, Taylor Truck Line.
Session Description: As a leader in remote asset information management for more than 10 years, SkyBitz has contended that asset optimization is not strictly hardware dependant-- what’s equally important is the information in the cloud. The Cloud model is driven by providing convenience for clients and relies on sharing of resources in order to achieve consistency across platforms. Taylor Truck Line relies on integrated information from providers such as SkyBitz, ALK Technologies, and TMW Systems to help them optimize...
We at SkyBitz are proud to provide real-time tracking of the Capitol Christmas Tree’s cross country journey to the Nation’s Capitol at www.TracktheTree.com for the sixth time. We will be providing tracking data, complete with a detailed street-level map of the most recent location, via our satellite-based tracking solution.
The Capitol Christmas Tree will begin its 5,000 mile journey from Colorado’s White River National Forest to Washington, D.C. on November 6th and will arrive in the Nation’s Capitol on November 26th. Once the tree is decorated with ornaments constructed in Colorado and lights are attached, the tree will be lit by the Speaker of the House of Representatives in early December.
In addition to tracking information, TracktheTree.com will include photos and fun facts about many of the Capitol Christmas Tree tour stops and opportunities to interact with Capitol Christmas Tree followers on Facebook and Twitter. You can follow us on Twitter (@TracktheTree)...
- SkyBitz is a North American Market Share Leader in Asset Tracking with Approximately 190,000 Assets Tracked
- Complementary Company Profile to Telular with 45% of Revenue from High Margin, Recurring Services; Annual Revenue is Approximately $35 Million
- Expected to be Immediately Accretive to Net Income before Non-Cash Items Upon Close, Which is Expected by the End of Fiscal Second Quarter
Chicago, IL,— December 5, 2011 - Telular Corporation (NASDAQ: WRLS), a global leader in connecting businesses and machines over wireless networks, today announced the signing of a definitive merger agreement to acquire SkyBitz, Inc.- the leading provider of mobile resource management (“MRM”) solutions focusing on tracking and management of truck trailers, intermodal containers, sea-going containers, rail cars, power generators and rental equipment. The acquisition expands Telular’s position in the M2M space as a result of SkyBitz’s broad base of additional customers and proprietary...
Berg Insight published their new report on Fleet Management in the Americas as part of their M2M Research Series.
Berg Insight expects the market for fleet management will continue to show healthy growth in 2011. In the North American market, the number of fleet management systems in active use is forecasted to grow at a compound annual growth rate (CAGR) of 12.6 percent from 2.1 million units in 2010 to 3.8 million units by 2015. The penetration rate in the total population of non-privately owned commercial vehicles is estimated to increase from 16.3 percent to 29.5 percent in 2015. In Latin America, the number of fleet management systems in use is projected to increase from 0.9 million units in 2010, growing at a CAGR of 20.6 percent to reach 2.3 million units in 2015. The penetration rate among non-privately owned commercial vehicles in the region is estimated to increase from 4.5 percent in 2010 to 11.6 percent in 2015.
Highlights from this report:
• Insights from...
Last month, President Obama and Mexican President Felipe Calderón unveiled a deal to resolve a longstanding dispute over cross-border trucking.
No matter where you stand on the cross-border trucking deal with Mexico, it is going to become a reality. Companies that choose to ignore the issue do so at their own peril and those who prepare-- stand to profit.
Additionally, the Department of Transportation (DOT) recently unveiled a three-year pilot program to allow Mexican trucks to enter the U.S. after meeting multiple safety-related steps. Part of the requirements is a “global positioning system and/or electronic on board recording device”.
The announcement of this US/Mexico cross-border deal is yet another sign of the times for increased international trade. Carriers and logistics companies should take advantage of this time to prepare for business expansion into cross-border hauling. While it will likely be required for CSA-type safety technology to be installed...