Octo Telematics Partners with Oracle to Bring Java Standardization Protocol to the Connected Car | Business Wire
DETROIT–(BUSINESS WIRE)–TU-Automotive – Octo Telematics, the number one global provider of
telematics and data analytics solutions for the auto insurance industry,
announced it is developing the first ever non-proprietary protocol for
telematics data collection, within the in-vehicle Java Virtual Machine
(JVM) environment.
OCTO is setting the standard for data collection, investing to bring its
key assets to the industry that it pioneered in 2002. OCTO is committed
to promoting growth in the market for all players in the connected car
ecosystem.
The resulting software layer will provide a path to standardization for
connected cars. It will also enable better integration of insurance and
fleet functionalities within the Java community already used by the
world’s leading auto manufacturers, to facilitate data transfer from
in-car sensors. This new data collection protocol will enable consistent
high quality data collection and enhance driving analytics across all
Java-based on-board units – including those delivered by leading global
auto manufacturers. As a result, the standard will help to accelerate
auto innovation with an approach that offers openness, tailoring and
scale – enabling car manufacturers to more easily deliver cutting-edge
connected car technology to their customers.
“Until now there has been no standard way to extract telematics data
from vehicles,” said Jonathan Hewett, CMO, Octo Telematics. “As the
first non-proprietary telematics library within the Java community, this
new software stack will provide car manufacturers with the fastest way
to integrate insurance and fleet telematics services, for the benefit of
all connected users.”
Framework development is already underway and, in November 2016 OCTO
will launch a pilot to build a proof of concept in collaboration with a
car manufacturer. The final standard will be launched to the Java
community in May 2017.
To date, car manufacturers have used Java across a number of verticals,
but never for insurance telematics. This new software layer, as the
world’s first Java telematics protocol, will be of great value to car
manufacturers enabling them to introduce integrated insurance telematics
and value-added propositions.
The Java environment offers a universal way to extract data from
telematics sensors inside a vehicle. This launch of a common telematics
data protocol framework will benefit telematics providers and car
manufacturers across the world.
Knowing that the top car manufacturers in the industry have chosen Java,
OCTO is investing in setting the industry standard to advance the
development of connected cars and ensure integration across the entire
telematics sector.
About Octo Telematics
OCTO is the number one global provider of telematics and data analytics
solutions for the auto insurance industry. Founded in 2002, OCTO
pioneered the insurance telematics industry. Today, OCTO is the largest
and most experienced insurance telematics company in the world,
transforming auto insurance through behavioral, contextual and driving
analytics for more than 60 insurance partners. OCTO has more than 4
million connected users and the largest global database of telematics
data, with over 100 billion miles of driving data collected and 250,000
crashes and insurance events analyzed. OCTO applies proprietary
algorithms to this market-leading database to deliver powerful new
insights into driver risk, informing solutions that benefit both auto
insurance companies and policyholders. The company is headquartered in
London, with offices in Boston, Rome, Stuttgart, Madrid, and Sao Paolo.
For more information:
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Website: www.octotelematics.com
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Twitter: @octotelematics
and @octousa