ERM Partners with Altair to Improve Models for Vehicle Telematics and Asset Tracking

Altair Semiconductor, a provider of cellular IoT chipsets, has announced it is partnering with ERM Advanced Telematics, a global provider of automotive technology and IoT solutions, to develop a new range of low-powered and installation-free automotive IoT solutions.

ERM’s new set of IoT and asset management solutions reportedly leverages Altair’s cellular IoT chipsets to provide installation-free solutions for IoT, asset management, stolen vehicle recovery (SVR) and vehicle financial services. These will include event-based platforms for automatic vehicle location and asset management applications using various sensors.

“As installation costs continue to rise in comparison to hardware prices, Altair’s unparalleled low power figures and extended battery life means we can provide on-board solutions with minimal installation requirements that are able to remain in the field for up to two years,” said Kfir Lavi, SVP and Deputy CEO, ERM Advanced Telematics. “This will usher in a new dawn for IoT and asset management, opening up a whole new market of applications for a wide range of automotive IoT scenarios.”

“Low power consumption is essential for the efficient and long-term growth of the automotive IoT space,” said Gili Friedman, Director of Business Management for Altair Semiconductor. “We are delighted that ERM Telematics has selected Altair’s cellular IoT technology to provide the low cost and power-efficient connectivity necessary to enable new markets and use cases.”