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Octo Telematics Enhances Service to Insurance Companies across Europe with Global IoT Solutions from Orange Business ServicesOcto Telematics, the leading provider of telematics and data analytics for the auto insurance industry, has renewed and expanded its contract with Orange (News - Alert) Business Services. The new three-year contract will allow Octo to manage, monitor and diagnose a large fleet of IoT devices autonomously, which will enhance its customers' service quality and optimize their operational efficiency. Thanks to this broad collaboration, Octo will also be able to roll out connected solutions faster. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181003005414/en/ Octo develops and markets a complete range of vehicle telematics solutions, such as automatic crash alerts, on-call assistance and car accident liability analysis. The solutions also range from personal insurance models, such as Usage Based Insurance to shared mobility, fleet management and eco-driving management. Octo has more than 5.6 million connected users across the world and has a commercial relationship with more than 100 partners. The Orange IoT Managed Global Connectivity includes SIM coverage across Europe to personalize Octo services, carry out remote analysis and reduce overall running costs. They will be able to collect information and conduct analytics using behavioral, contextual and other telematics data. This will help insurance companies assess risk and enhance the accuracy of crash notification and claims management while improving customer relationships. Using this technology, insurance companies will also be able to make critical business decisions, evaluating the price risk while looking after their customers.
A dedicated portal for the management of SIM cards "As a pioneer in the telematics arena, we are continually innovating to provide our customers with an enhanced platform for behavioral, contextual and driving analytics. Orange IoT global connectivity will enable us to build services that seamlessly integrate the data provided by the SIMcards with Octo's platform, allowing fleets to be managed in real time across Europe," said Jonathan Hewett CMO, Octo Telematics. "Octo Telematics was facing a business transformation and needed an IT partner able to support its growing business throughout Europe, while also providing a personalized service, analysis and remote management. We were able to meet their needs with a solution to manage their connected users in full autonomy, offering them more operational efficiency and flexibility," said Fabrice de Windt, senior vice president, Europe, Orange Business Services (News - Alert).
About Octo Telematics
About Orange Business Services Learn more at www.orange-business.com or follow us on LinkedIn, Twitter and our blogs. Orange is one of the world's leading telecommunications operators with annual sales of 41 billion euros in 2017 and has 260 million customers in 28 countries at 30 June 2018. Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN). Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181003005414/en/ |