Telit
| Type | Public |
|---|---|
| Industry | Machine to Machine communications telecommunications |
| Founded | Trieste, Italy (1986) |
| Headquarters | Headquarters: London, UK Regional Headquarters: EMEA (Trieste, Italy) North America(Raleigh, North Carolina, US) Latin America (Sao Paulo, Brazil) APAC (Seoul, Korea), Italy |
| Key people |
Oozi Cats, CEO Alexander Bufalino, Global VP Marketing |
| Products | Telecommunications |
| Revenue | $131.7m (2010) |
| Employees | >400 |
| Website | www.telit.com |
Telit Communications PLC is a global vendor of wireless machine to machine (M2M) technology headquartered in London, UK.[1] The company is listed on the AIM (AIM: TCM).
Telit Wireless Solutions (TWS) is a subsidiary of Telit Communications PLC. Telit is a fast-growing wireless M2M company, addressing a worldwide market that amounts to €14 billion already today.[2] In terms of sales, Telit is ranked as the third-largest M2M module supplier worldwide by market research firm Berg Insight. Since 2005, the company has achieved steadily increasing sales.
Telit Wireless Solutions' headquarters are located in London, with regional headquarters in EMEA (Trieste, Italy), North America (Raleigh, North Carolina), Latin America (São Paulo, Brazil), and APAC (Seoul, Korea). The company has a wide network of sales offices located in Brazil, China, Denmark, Germany, France, India, Israel, Italy, Korea, Russia, Spain, the Republic of South Africa, Taiwan, Turkey, the UK and the US.
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[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 phone have been supplied to users and operators worldwide.
In March 2011 Telit acquired Motorola Solutions' M2M modules business unit. The acquisition brings Telit’s consolidated pro forma revenues to approximately $180 million for the year ended 31 December 2010. This is equivalent to a pro forma market share of approximately 20% based on the current market analysis by Beecham Research.[3]
In January 2012 Telit acquired Navman Wireless OEM Solutions, providers of Jupiter-brand GPS modules, for $3 million in cash. The acquisition gives Telit a dedicated GNNS research and development unit and access to customers outside the M2M industry.[4]
In February 2012 Telit announced a strategic partnership with Telefónica to provide M2M companies access to Telefónica’s global wireless network in addition to Telit products and services. The service is scheduled to launch in Europe, the Middle East, Africa, South America and selected countries by Q3 2012. [5]
Today, Telit develops, manufactures and markets a wide range of enterprise communication modules comprising all relevant wireless technologies for M2M applications that streamline business processes by enabling machines, devices and vehicles to communicate via mobile networks. Telit owns GSM/GPRS, EDGE, UMTS/WEDGE/HSPA and CDMA products as well as short-range modules such as Wi-Fi, ZigBee, Short Range RF (proprietary mesh and point-to-point networks for unlicensed frequency bands), Wireless MBus and GPS/GLONASS (Machine-to-Machine) modules.
Telit is currently the only M2M company worldwide to publish the M2M trade magazine telit2market. Being released regularly once a year, it informs about current developments and new technological developments in the M2M market.
[edit] Research and Development (R&D)
Telit disposes of six own R&D centers around the globe that are located in Trieste (Italy), Sardinia (Italy), Sophia Antipolis (France), Seoul (South Korea) and Tel Aviv (Israel). The R&D facility in Trieste is the company’s main engineering, design & development facility, and headquarters for the global R&D function. Trieste focuses its braintrust in the advancement of GSM, GPRS, EDGE, and GPS technologies. Telit's Sardinia R&D center is the primary competence center for other wireless technologies and special projects. This facility investigates short-range wireless, satellite, and other emerging technologies. The R&D Center in Sophia Antipolis focuses on the development of short range technologies such as ZigBee, Wireless MBus[disambiguation needed
], and Short Range RF. Telit's APAC R&D center in Seoul is the main development site for the company's CDMA, WCDMA, and UMTS projects. It is also Telit's center of competence for automotive specific products and rugged design technologies. The team in Tel Aviv supports the other R&D centers worldwide in the cellular sector. Telit's R&D center near Los Angeles is focused on GPS/GLONASS and related location-based projects. The open Technical Forum is an online knowledge database for the entire M2M community.
[edit] The M2M 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, safety, environmental protection, localization, remote control, accuracy, and others in the business world. Today, M2M applications are serving key functions. The M2M market is growing rapidly. According to Analysys Mason, the global market for machine-to-machine (M2M) device connections will grow from 62 million devices in 2010 to 2.1 billion devices in 2020.[6] According to market research company ABI Research, cellular M2M connections will approximately triple their current number of about 75 million by 2014.[7]
[edit] What is M2M Communication About?
The chief value of Machine-to-Machine communication 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.
[edit] Application Areas
M2M applications can be found in a wide range of industries and sectors including vending machines, automatic meter reading (AMR), Point of sales (POS) terminals, transport and logistics (fleet management), 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 Wi-Fi, GPS, Bluetooth and ZigBee at module level is constantly gaining increasing importance while the demand for small and compact modules for terminals geared towards the consumer market will also steadily grow (e.g. vital-sign monitoring, localisation and alerts for people with health conditions, and personal navigation) from the perspective of total cost of ownership and time to market.
Especially since the deregulation of the metering sector that has been triggered by the amendment of EnWG in Germany, so called smart metering solutions have become mandatory for new buildings as of 2010. Another consumer focus area will be the telematics sector: Driven by the European Commission, the European eCall system – also based on M2M technology – will dramatically reduce the response time of the emergency services. The European Commission expects that all new cars within the European Union will be fully equipped with this emergency technology.[8]
[edit] References
- ^ http://www.telit.com/en/about/company/about-us.php
- ^ iDate Research, The machine-to-machine market worldwide 2010-2014
- ^ Beecham Research, Worldwide Cellular M2M Modules Forecast Market Brief, August 2010
- ^ Directions Magazine, Telit Wireless Solutions to Acquire Navman Wireless OEM Solutions, Dec. 21, 2011
- ^ Connected World, Telit and Telefónica Team Up for M2M, Feb. 27, 2012
- ^ Analysys Mason, Machine-to-machine device connections: worldwide forecast 2010–2020
- ^ ABI Research, Cellular M2M Connections to Triple by 2014, press release from September 22, 2009
- ^ European Commission/eSafety Support, eCall
[edit] External links
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This article's use of external links may not follow Wikipedia's policies or guidelines. Please improve this article by removing excessive or inappropriate external links, and converting useful links where appropriate into footnote references. (December 2009) |
- Company Website: Telit Wireless Solutions
- July 5, 2011 (Business Standard): Telit's M2M tech to foster microfinance sector
- March 21, 2011 (EE Times): Optimizing cellular M2M apps for range and longevity
- March 2, 2011 (Proactive Investors): Telit Communications completes Motorola M2M takeover
- September 30, 2010 (M2M Machine to Machine): Wireless M-Bus Portfolio: Chips, Modules, Terminals, USB-Sticks, Gateways
- August 5, 2010 (Connected World Magazine): New Audi Has Technology at the Wheel
- April 6, 2010 (Proactive Investors): Telit reaches 2 million module sales milestone for GE864 product family
- March 24, 2010 (Proactive Investors): Telit Preliminary Results 2009: Astaire believes Telit Communications well-placed in M2M market
- February 03, 2010 (Deutsche Telekom AG): Deutsche Telekom, T-Mobile and Telit seal deal to collaborate in worldwide M2M growth market
- December 15, 2009 (elektroniknet.de): Magneti Marelli and TELIT sign a Memorandum of Understanding in the field of telematic devices for automotive