According to a recent press release, “ORBCOMM Inc., a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has released a new Cloud-based analytics service that leverages ORBCOMM’s extensive telematics expertise and industry-leading portfolio of IoT solutions to provide greater insights into the operations of its customers’ enterprises. With ORBCOMM’s new analytics offering, its global customers can extract valuable, real-time information from their asset-based data to determine patterns and predict future outcomes and trends, significantly improving operational efficiency and driving better business results.”

The release continues, “ORBCOMM’s analytics service is focused on the transportation & logistics, supply chain and heavy equipment markets, where the Company has deep industry expertise and domain knowledge. While ORBCOMM’s telematics solutions provide real-time operational and transaction data for customers in these industries as well as a good proxy for their assets’ behavior, the new analytics Cloud service will provide more in-depth descriptive, predictive and prescriptive results to optimize customers’ operations. Through this new offering, ORBCOMM will deliver robust analytics services cost-effectively and at high speed, resulting in broader strategic benefits and long-term ROI for its customers.”

Read more at Market Watch.

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