Australia raised $10.8 million by planning a network of nanosatellites for IoT applications

Australia raised $10.8 million by planning a network of nanosatellites for IoT applications

Australia raised $10.8 million by planning a network of nanosatellites for IoT applications.

Fleet space technologies located in Adelaide, capital of Southern Australia, recently raised $10.8 million by planning a network of nanosatellites for IoT applications. It is reported the company has several global investors including Horizon Ventures, Momenta Ventures, Grok Ventures, existing investor Blackbird Ventures and the Kennard family, whose equipment hire company Kennards Hire, is already a fleet customer. It says the latest funding round introduces

“strategic investors specifically chosen by Fleet to help develop its solutions to become even more powerful and deploy it (sic) with the right network and technology partners.”

Fleet provides IoT connectivity via its satellites and a ground-based hub with edge computing capabilities that communicates with IoT endpoints using LoRaWAN.

According to Fleet the contribution from Momenta Ventures is the first from its LPWAN Ecosystem Fund, billed as “the only Internet of Things-focused fund, established to accelerate industry solutions powered by low power wide area networks with a focus on open standards and ecosystems such as LoRaWAN.”

Vehicle insurance telematics
Vehicle insurance telematics

The Momenta web site says Momenta is investing in LPWAN because the global LPWAN market is forecast to grow to $US24b in 2021, a CAGR of 90 percent and because “LoRaWAN is the de facto standard complementing emerging 5G offerings.”

The web site also shows one other investment by the LPWAN fund, in Kolmostar, billed as a positioning technology company that is reinventing the industry’s GNSS (GPS, Beidou, etc) positioning approach to achieve ultra-low-power (sub-mW) and high-precision (centimetre level) positioning in harsh metropolitan environments for Internet-of-Things devices and autonomous vehicles.”

Up till date the Fleet space technologies has successfully deployed its first four nanosatellites by using SpaceX, Rocket Lab, and Indian Space Research Organization satellites. The first commercial satellite of Fleet space technologies was named Centauri I, which was launched by ISRO and Centauri II by Space X in December 2016. Other two experimental satellites, Proxima I & II were launched a month earlier by Rocket Labs. According to the Fleet, they are now building the next generation of satellites for launch in the coming year.

Source: IOT Australia. 

Driving ATM Efficiency: The Six Must Have Features of Effective ATM Monitoring

Driving ATM Efficiency: The Six Must Have Features of Effective ATM Monitoring

Driving ATM Efficiency: The Six Must Have Features of Effective ATM Monitoring

With the increasing reliance on financial technology, ATMs (Automated Teller Machines) have become a vital part of the banking landscape. Ensuring these machines function smoothly and securely is essential for both financial institutions and their customers. According to the survey, retail ATM industry is growing at a rate of 3.5% globally, with an increasing focus on emerging markets. This growth is driven by a number of factors, including the increasing adoption of card-based payments, the proliferation of ATMs in remote locations, and the growing popularity of mobile banking.

To maximize the benefits of this growth, it is critical for ATM operators to have an effective monitoring solution in place.

Why do banks need an effective ATM Tracking and Monitoring Solution?

New legislation issued by the Central Bank of Saudi Arabia now requires in Saudi Arabia all banks operating within the Kingdom to install GPS tracking devices across all remotely located and/or outdoor ATM machines.

What is an effective ATM monitoring solution?

When it comes to driving ATM efficiency, financial institutions can’t afford to cut corners. An effective ATM monitoring solution should provide actionable insights with its customizable reporting and analytics to help you make informed decisions.

Vehicle insurance telematics

Eagle-IoT has specially designed its ATM Tracking and Monitoring Solution to increase ATM security measures and to protect them from theft, vandalism, and harsh environmental conditions in remote areas. Eagle-IoT ATM Tracking and Monitoring Solution offers real-time 24/7 insights with its sensors to be integrated into ATM units, with long battery backup, call facility and of waterproof casing in order to maximize the performance. So, what exactly should you look for in an effective monitoring solution? Here are the 8 key features to consider:

Vehicle insurance telematics

Customizable reporting and analytics:

An ideal ATM monitoring system offers customizable reporting and advanced analytics capabilities to provide insightful data on machine performance, which allows to easily track and compare key performance indicators (KPIs) across multiple ATMs and

locations. his valuable information equips financial institutions with the tools needed to make strategic decisions on ATM placements, maintenance priorities, and security enhancements

Theft prevention:

An effective monitoring solution will help you prevent theft, vandalism by alerting you to suspicious activity in real-time.

Assets stolen

Tracker activates

Contacts alerted

Live tracking updates

Arrest & recovery

Vehicle insurance telematics
Vehicle insurance telematics

 API Integration:

The solution you choose should be able to integrate with your existing infrastructure. Eagle-IoT allows API integration with the existing infrastructure to ensure that comprehensive dashboard display, live location and service status can be accessed via API to internal systems to avoid multitude of systems while carrying out day-to-day tasks. It also ensures optimizing ATM performance and drive efficiency

Security alerts and threat detection:

Given the high potential for fraud associated with ATMs, it’s essential for a monitoring system to include features that can detect security threats. To detect undesired movements a safety feature is integrated in the Eagle-IoT ATM Solution to issue Alerts, Alarms and Calls when the device is tilted or dislocated or ATM cabinet door status (door closed, door opened) changes.

By raising timely alerts when abnormalities are detected, an effective system can help in mitigating losses from theft attempts.

Vehicle insurance telematics
Vehicle insurance telematics

ATM cabinet temperature monitoring:

Prevent any potential malfunctions related to overheating with ATM cabinet temperature monitoring. Alarm will be generated in the event of a sudden change in temperature of the ATM interior.

Preventive Maintenance:

All machines require regular maintenance in order to function properly. An effective monitoring system offers preventive maintenance to helps you take proactive action to prevent downtime by identifying and resolve these issues beforehand. When evaluating ATM monitoring solutions, it’s crucial not to miss these essential features.

A comprehensive solution that combines real-time location monitoring, remote diagnostics, security alerts, and robust analytics capabilities helps ensure smooth operation of ATMs while reducing the risks associated with fraud and downtime.

Vehicle insurance telematics
Revolutionary Trends in AVL Technology: Navigating the Future with Leading Manufacturers

Revolutionary Trends in AVL Technology: Navigating the Future with Leading Manufacturers

Revolutionary Trends in AVL Technology: Navigating the Future with Leading Manufacturers

From cutting-edge wearables and IoT platforms to next-generation Telematics solutions – there’s plenty to discover in this article on the latest GNSS manufacturer trends impacting the Fleet Management sector today. We’ve got everything covered from global players and our hardware partners like Teltonika, Queclink and JimiIoT to disruptors shaping tomorrow’s industry landscape. But first things first; why focus on AVL trends? 

The simple reason being – AVL technology lies at the heart of our rapidly developing digital ecosystem – enabling us to make better decisions faster than ever before. The AVL market has seen exponential growth due to widespread usage, resulting in fierce competition among players to introduce novel features and products. This section will delve into several categories where GPS manufacturers are transforming specific industries. Are you ready to explore exciting new developments happening in the world of AVL technology? Without further ado, let’s take a closer look at how leading GPS manufacturers are revolutionizing fleet management with their state-of-the-art products and services!

Teltonika – A Forward Thinking Approach

With their recent focus on integrating artificial intelligence (AI), edge computing, and machine learning algorithms into their hardware and software solutions, they are well poised to tackle emerging needs within the telematics domain. Their customizable cloud services feature tailored analytics dashboards and KPI monitoring, ensuring clients achieve higher standards of operation excellence. For companies dealing with vehicle tracking and management within supply chains or asset monitoring, having efficient yet affordable fleet management options becomes crucial. Teltonika FMC640 is an excellent choice for comprehensive fleet management thanks to its advanced features: Geofencing Zone definition, Driver Behavior analysis, Accident Impact detection, Remote Fuel Level control, Temperature and Door sensor logging.

Vehicle insurance telematics
Vehicle insurance telematics

Quecklink – Unparalleled Expertise in M2M Communications

Since Quecklink specializes primarily in GSM/GPRS & LTE cellular network communication protocols, it comes as no surprise that their GPS units have a distinct edge when it comes to M2M connectivity matters. They excel not only in telematics for commercial vehicles but also in industrial settings, providing dependable solutions for container and heavy equipment tracking. Customers appreciate their ability to adapt platforms like J1939 and OBD-II to interface diagnostic information. By doing so, Quecklink enables fleet managers to access vital information related to vehicle operation, maintenance, fuel consumption, driver behavior, and more. Recently, Queclink introduced another tiny tracker named GT30, boasting a 5G module for low-power wide-area network connection and built-in SOS button. the devices cater to diverse commercial needs with ultra-low power consumption rates with superior battery life with temperature and vibration monitoring.

Jimi IoT

Jimi IoT has shown interest in incorporating artificial intelligence into its solutions, enabling intelligent notifications, predictive maintenance, anomaly detection, and route optimization. They aim to leverage AI’s potential to improve fleet operations, asset management, and worker safety. Jimi IoT has continuously released new products to accommodate varied requirements and industry demands.

As experts in the field of GPS tracking and telematics, all three companies offer high-quality hardware components ensuring precise and fast GPS tracking. and radio frequency capabilities. However, companies often tweak and optimize their devices to meet different use cases depending on interfaces such as RS232 (Serial Interface), RS485 (Two-Wire Serial Interface), Controller Area Network (CAN), Bluetooth Low Energy (BLE). The differences in performance might lie primarily in the chosen chipsets but determining which data is most important for your business might be the biggest factor in choosing right device.

Vehicle insurance telematics
Vehicle insurance telematics

Eagle-IoT – A Software Partner Leading the Charge for Telematics Integration Excellence

Telematic integrators play a vital role in providing connectivity, enabling seamless interaction between hardware and software components. Eagle-IoT is proud to be significant player revolutionizing the industry with her partnerships with leading global players in the GPS device market Collaborating closely with GPS manufacturer hardware leaders like Jimi IoT, Teltonika, and Quecklink; Eagle-IoT has developed customized software solutions leveraging the unique strengths of respective hardwares offering best-in-class integration experiences. The proprietary architecture allows seamless data transfer and compatibility, thus maximizing the value proposition offered to customers in different industries. With innovative approach, Eagle-IoT is paving the way towards future-ready digital infrastructures, enabling business success in this ever-changing world.

Mercedes-Benz Vans will now allow driver behavior monitoring on all new Sprinter and Vito Toure

Mercedes-Benz Vans will now allow driver behavior monitoring on all new Sprinter and Vito Toure

Mercedes-Benz Vans will now allow driver behavior monitoring on all new Sprinter and Vito Tourer

Mercedes-Benz Vans announced to provide its Mercedes PRO, a connected vehicle service that will allow monitoring driver behavior on all-new Sprinter and Vito Tourer as a standard model for three years. This service will be available to all the vehicles manufactured since May 2019, besides this, it can be also be remotely retrofitted to any existing new Sprinter by the customer using “over-the-air” software updates. This development was impacted by recent research conducted by Mercedes-Benz Vans into connected vehicle trends. The research indicated the fleets are rapidly using telematics solution to monitor the driver behavior. Nearly two-thirds (64%) of fleet and SME customers surveyed, claimed that they want to use telematics or connected vehicle technology for this purpose. Mercedes-Benz Vans is offering the solution free-of-charge to enhance the safety and efficiency so fleets can analyze their driver behavior and identify areas where improvement is needed.

The solution will include acceleration behavior analysis, anticipatory driving behavior, coasting and smooth driving analysis along with the safety-critical data, such as harsh cornering and braking warnings According to the managing director of Mercedes-Benz Vans UK Ltd, Steve Bridge, “Keeping their businesses moving is our priority, and with our new drive style monitoring solution software included as standard, company owners and vehicle managers can spend less time worrying about the vans and drivers, and more time, therefore, focused on their business and customers.”

Vehicle insurance telematics
What are some of the benefits that IoT offers to the food industry?  

What are some of the benefits that IoT offers to the food industry?  

What are some of the benefits that IoT offers to the food industry?  

The food industry has stepped into a new era where health and sustainability are prioritized while shopping. With customers concerned about their carbon footprint, there is a growing interest in where food is produced, how it travels, and when it is prepared. The way forward is to emphasize sustainability in food production, use automation and robotics to be cost-effective and to transition to smart agricultural technology. 

The digitization of the food industry allows farmers, suppliers, processors, retailers, and consumers to make knowledgeable choices. 

Furthermore, IoT helps the food business with supply chain traceability, food safety, and accountability. Besides this, networked packaging systems, thermal mapping in the warehouse, and forward-looking planning with the help of IoT solutions have significantly decreased the wastage of resources, and liabilities involved with the process. With the incorporation of IoT in the agricultural industry, the possibilities of achieving maximum production while being environmental friendly have exponentially increased. With IoT sensors and cloud computing, it has been easier now to manage the quantity and quality of water and soil respectively, the distribution of water, and accessing meteorological information.

 IoT helps the food business
Eagle-Iot Cold-Chain Monitoring Solution

Neural networks, support vector machines, and electronic smell techniques can be used to rapidly detect moldy fruits in cold stores. Similarly, the insect surveillance system can be used in open fields using vibro-acoustic sensors. At the storage end, IoT sensors can be utilized for monitoring temperature and humidity levels during transportation and cold storage, and comprehensive analysis is available to ensure improved food safety. Eagle-Iot Cold-Chain Monitoring Solution allows real-time monitoring of Temperature and Relative Humidity. A thermal mapping study can be done to ensure proper temperatures in the storage facility. Eagle-IoT Warehouse management solution can be used to monitor proper rack management and inventory placement.

In the span of a short time, the interconnectedness of ‘farm’ to ‘fork’ is the borderless world that we live in. End-to-end transparency of the food supply chain is the only way to ensure ethical and fair-trade food which is also the need for food safety. Eagle-I covers the end-to-end supply chain process and gives valuable insights allowing our customers to optimize their operational procedures, lower their expenditures and get maximum returns.

In the span of a short time, the interconnectedness of ‘farm’ to ‘fork’ is the borderless world that we live in. End-to-end transparency of the food supply chain is the only way to ensure ethical and fair-trade food which is also the need for food safety. Eagle-I covers the end-to-end supply chain process and gives valuable insights allowing our customers to optimize their operational procedures, lower their expenditures and get maximum returns. 

KEY TAKEAWAY 

It is the need of the hour to learn to be a master of the new complexity step by step while focusing on best practices. Take the baby steps at a time, start with the improvements in production or logistic processes which can be done quickly and without great risk. 

Reinvent your options to digitize the food industry with Eagle-IoT solutions. 

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