|By Business Wire||
|May 6, 2014 04:30 AM EDT||
The global insurance telematics marketplace has a powerful player today as Modus, a world leading end-to-end insurance telematics solution provider, and MyDrive, the leader in telematics profiling, join forces to deliver a combined insurance telematics offering. The announcement was made at the opening of the Insurance Telematics London Conference, a gathering of insurance companies and technology providers discussing the burgeoning world of insurance telematics solutions.
As the global marketplace for insurance telematics solutions continues its rapid growth, insurance providers are navigating an increasingly confusing landscape of complex solutions. The combination of Modus and MyDrive brings together two market leaders offering complete end-to-end solutions with a focus on driving business advantages for insurers while improving the safe driving habits of the millions of drivers they cover.
“This really is a story of the whole being greater than the sum of its parts,” explains Brandon Johnson, CEO of Modus. “Data is at the heart of the insurance telematics value proposition. There is no company better than Modus at designing and deploying the technology to collect accurate data from millions of drivers. MyDrive offers unparalleled data analytics capabilities to provide the most detailed and accurate driver profiles possible and tools to enhance driver safety performance.”
For insurers looking to deploy a telematics solution or pilot program the Modus/MyDrive global partnership offers a myriad of advantages. Together the companies enable insurance companies to focus on the most valuable asset of insurance telematics: analyzing, understanding and using driver data to build new product offerings and market strategies.
With their combined history and experience of delivering end-to-end solutions, including allied partners that span telematics collection devices, networking and data storage capabilities, Modus and MyDrive provide insurers the flexibility to evolve with the market. Insurers can modify their data analytics and collection as the market situation and company strategy evolve. They can incorporate new data collection technologies, integrate with new 3rd party applications and quickly take advantage of data coming from auto OEMs – all of which can help control deployment costs.
Modus and MyDrive also deliver some of the most advanced, in-depth driver profiles available anywhere encompassing how vehicles are being used, who is driving then, how they are being driven and even what drivers are doing while behind the wheel. This profiling capability enables insurers to explore new methods of lowering claims cost through driver-specific training, distracted driving applications, mentor/coaching programs and more.
“Our partnership with Modus really is about two market leaders coming together to create the strongest possible, most complete value-based solution for the insurance telematics market,” said Linden Holliday, CEO, MyDrive. “From device integration and mobile apps to the internal systems such as inventory management, procurement and customer support that are paramount to the success or failure of an insurance telematics solution, together we have covered the entire spectrum of needs for insurers and the drivers they cover.”
About Modus Group
Since 1999, Modus has been developing wireless solutions, application development and logistics services to corporate enterprise, education, public service, and general business sectors. Since 2008, Modus has been a leading full service provider of insurance telematics solutions. Modus built the first UBI product offering on CDMA networks and is one of the only Telematics Solution Providers with national, commercial UBI deployments across all major cellular carriers. Modus is headquartered in Huntington Beach, California. For more information, see www.moduspowered.com or follow us on Twitter @GoModus.
MyDrive are world leaders in telematics profiling, delivering the most detailed and accurate driver profile. MyDrive’s unique solution enables insurers to fundamentally redefine their assessment of risk. By offering detailed and engaging driver scoring MyDrive clients increase customer interactions and enhance the insurer-customer relationship.
SOA Software has changed its name to Akana. With roots in Web Services and SOA Governance, Akana has established itself as a leader in API Management and is expanding into cloud integration as an alternative to the traditional heavyweight enterprise service bus (ESB). The company recently announced that it achieved more than 90% year-over-year growth. As Akana, the company now addresses the evolution and diversification of SOA, unifying security, management, and DevOps across SOA, APIs, microser...
Apr. 26, 2015 09:15 AM EDT Reads: 2,437
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
Apr. 26, 2015 09:15 AM EDT Reads: 4,914
GENBAND introduced its Real Time Communications (RTC) Client for Lync* to seamlessly combine real-time communications with Lync Instant Messaging (IM) and Presence. “We’re shaking up the economics of delivering Unified Communications (UC) and offering a compelling way to integrate previously bespoke communications technologies,” said Carl Baptiste, GENBAND’s Senior Vice President, Enterprise Solutions. “We’re offering enterprises the best of both worlds by combining our own high availability v...
Apr. 26, 2015 09:00 AM EDT Reads: 1,732
PubNub on Wednesday released an open source template to allow developers to add Skype-like video chat into their apps. The free template provides a fully functional video chat platform using WebRTC, PubNub and Google Authentication for a global, reliable collaboration solution. “While the WebRTC protocol has created huge excitement as a way to deliver video chat ubiquitously, there’s still a gap between the protocol itself and the ability to deploy a working, globally scaled, collaboration appl...
Apr. 26, 2015 09:00 AM EDT Reads: 8,027
SYS-CON Events announced today Arista Networks will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Arista Networks was founded to deliver software-driven cloud networking solutions for large data center and computing environments. Arista’s award-winning 10/40/100GbE switches redefine scalability, robustness, and price-performance, with over 3,000 customers and more than three million cloud networking ports depl...
Apr. 26, 2015 09:00 AM EDT Reads: 2,898
SYS-CON Events announced today that Creative Business Solutions will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Creative Business Solutions is the top stocking authorized HP Renew Distributor in the U.S. Based out of Long Island, NY, Creative Business Solutions offers a one-stop shop for a diverse range of products including Proliant, Blade and Industry Standard Servers, Networking, Server Options and...
Apr. 26, 2015 09:00 AM EDT Reads: 4,363
SYS-CON Events announced today that Optimal Design, an Internet of Things solution provider, will exhibit at SYS-CON's Internet of @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Optimal Design is an award winning product development firm offering industrial design and engineering services to the consumer, medical, and defense markets.
Apr. 26, 2015 09:00 AM EDT Reads: 1,691
Can call centers hang up the phones for good? Intuitive Solutions did. WebRTC enabled this contact center provider to eliminate antiquated telephony and desktop phone infrastructure with a pure web-based solution, allowing them to expand beyond brick-and-mortar confines to a home-based agent model. It also ensured scalability and better service for customers, including MUY! Companies, one of the country's largest franchise restaurant companies with 232 Pizza Hut locations. This is one example of...
Apr. 26, 2015 09:00 AM EDT Reads: 5,294
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015 at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points...
Apr. 26, 2015 08:45 AM EDT Reads: 2,817
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Apr. 26, 2015 08:45 AM EDT Reads: 5,132
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborat...
Apr. 26, 2015 08:30 AM EDT Reads: 5,840
Many of the well-known examples of DevOps success we read in blogs on the Internet paint an idyllic picture of DevOps productivity. A team was facing a stodgy, slow-moving operations department, teams weren’t delivering software on time. Those teams moved to DevOps, became proactive about infrastructure and deployment automation, and an overnight transition to productivity ensues. People are promoted, projects are successful, and developers and system administrators dance hand-in-hand in a final...
Apr. 26, 2015 08:30 AM EDT Reads: 1,255
SYS-CON Events announced today that Liaison Technologies, a leading provider of data management and integration cloud services and solutions, has been named "Silver Sponsor" of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York, NY. Liaison Technologies is a recognized market leader in providing cloud-enabled data integration and data management solutions to break down complex information barriers, enabling enterprises to make sm...
Apr. 26, 2015 08:15 AM EDT Reads: 3,902
WebRTC Summit has announced today that Peter Dunkley has been named summit chair of WebRTC Summit 2015 New York. The 4th International WebRTC Summit will take place on June 9-11, 2015, at the Javits Center in Manhattan, New York. @ThingsExpo anticipates 90% of WebRTC companies & developers will monetize their products & services through IoT by 2016. Peter Dunkley is Technical Director at Acision. He graduated from The University of Edinburgh in 2000 with a BSc (Hons) in Computer Science...
Apr. 26, 2015 08:00 AM EDT Reads: 2,194
SYS-CON Media announced today that Blue Box as launched a popular blog feed on Cloud Computing Journal. Cloud Computing Journal aims to help open the eyes of Enterprise IT professionals to the economics and strategies that utility/cloud computing provides. Blue Box Cloud gives you unequaled agility, without the burden of designing, deploying and managing your own infrastructure. It’s the right choice when public cloud just won’t do. Blue Box Cloud is a managed Private Cloud as a Service (...
Apr. 26, 2015 08:00 AM EDT Reads: 1,633