London-The opportunities offered by telematics and M2M are endless. Automotive,
fleet and freight, utilities, oil & gas, offices, homes, vending and POS are
among the many application areas. ARC Group expects the worldwide solutions market
to be worth in excess of US$100bn by 2007. In addition, operator revenues worldwide
from the transport of telematics data alone will rise from US$3.5bnin 2002 to
US$78bn by 2007.
ARC Group's new report: Increasing Profitability with Telematics& M2M demonstrates
how profitability can be achieved despite a challenging business environment fraught
with continually shrinking margins.
Many mobile operators, including NTT DoCoMo in Japan, are placing great emphasis
on telematics & M2M. It is one of the three themes underpinning the company's
future strategy, and the company has already helped increase vending operators'
profits by 70% through the introduction of cashless payment. In the same vein,
Teclion has cut service visits by 50% by introducing remote monitoring. Nissan
saves 40% on sales costs by providing wireless access to pricing and inventory
information. And HBOC reduced incorrect shipments by as much as 80% through the
use of wireless in their warehouses. Report authors Lars Odlén and Ifeoma
Nwoyeocha emphasise "what is exciting about telematics and M2M is that its
potential is huge and mostly unexploited".
Person-to-person(P2P) communication is approaching saturation in many advanced
market communication channels, both fixed and wireless. However, few machines
are, as yet, connected. The connected world is here and all will be affected by
it - consumers, suppliers organisations or authorities.
Telematics and M2M technology will change our lives and work as well as our society
and legislative framework. As in any evolutionary change, the winners will be
those that recognize and seize the new opportunities. The strongest value proposition
for Telematics and M2M are the costs and consequences of not using them.
Notes to editors:
ARC Group (www.arcgroup.com)
publishes in-depth strategic reports and provides consultancy on wireless internet,
wireless technologies and infrastructure, digital broadcasting, broadband access,
telematics and optical communications.
For more information about this report, please contact:
Chrystelle Chalvin, Sales & Marketing Manager, ARC group
Tel: +44 1932 266 917
chrystelle.chalvin@arcgroup.com
