Frost & Sullivan Bestows Global Telematics & Navigation Product Differentiation Innovation Award on Mobile Devices
By Frost Sullivan, PRNEMonday, December 7, 2009
LONDON, December 8 - The Frost & Sullivan '2009 Global Telematics & Navigation Product
Differentiation Innovation Award,' is presented to Mobile Devices. This award
recognises the company's ability to develop products with more innovative
features than its competitors.
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"Mobile Devices offers four major products such as connected devices for
telematics (C4 range and Dreevo range), an open telematics platform which
already has a strong developer base, an unrivalled communication gateway
allowing many applications to share the same devices and a unique
plug-and-play development method for faster deployment of telematics
application," explains Frost & Sullivan Research Analyst Vishnu Muralidharan.
"These product lines facilitate the successful adoption of new or existing
technologies and significantly contribute to the telematics industry in terms
of product performance."
The telematics industry has several proprietary technologies with no
common platform. Mobile Devices has addressed this challenge with its open
telematics platform, Software Development Kit (SDK) and Integrated
Development Environment (IDE). There are already over 1,500 developers using
this platform to develop applications. The influx of new developers, all
based on a standard platform, has enabled Mobile Devices to reduce costs
three-fold in three years.
"At present, Mobile Devices is the only company which can provide such a
platform with an open ended channel for professional applications," says
Muralidharan. "The other advantage of this platform has been the simplicity
of usage, which allows the minimum time to market for new applications."
The telematics platform has more than 2,500 API already built, with more
than 300 telematics components, all ready to be deployed depending on
customer needs. This is very similar to plug-and-play technology.
Usually companies are either involved in hardware or software alone.
However, Mobile Devices has created a complete telematics eco-system
comprising hardware such as telematics boxes used for tracking applications,
software platforms and open communication gateway. This enables easy
scalability of applications to the product, and easy integration to third
party systems. This is a unique approach and has been key to the company's
success.
"The ability to develop new applications and deliver them on time is one
of the most important factors for customer retention," comments Muralidharan.
"The company accomplishes these effortlessly, demonstrating the simplicity of
the platform and the ease of scalability that underpin the ability to offer
new applications when the demand arises."
The company has sold more than 120,000 devices, including 60,000 tracking
devices, 35,000 connected personal navigation devices (PNDs) and 25,000
navigation displays. It has over 350 customers in many different areas of
telematics.
Mobile Devices' revenues have been increasing every year and the company
has a very strong R&D focus, with more than 60% of its resources focused on
R&D. Currently, about 70% of the company's business is international, which
is set to expand as the company expands its global presence.
"The unique approach taken by Mobile Devices to provide hardware,
software and complete eco-system has been instrumental in the company's
success," concludes Muralidharan. "The company's vision to address market
challenges holistically, at the same time increasing its revenue growth in
the market, is highly commendable."
The Frost & Sullivan Award for Product Differentiation Innovation is
presented each year to the company that has best demonstrated the ability to
develop and/or advance products with more innovative capabilities than
competing vendors and products. This Award recognises the company's
successful adoption of new or existing technology that has become a part of
its well-designed product family. Such innovation is expected to
significantly contribute to the industry in terms of product performance and
degree/rate of technical change.
Frost & Sullivan Best Practices Awards recognise companies in a variety
of regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts
compare market participants and measure performance through in-depth
interviews, analysis, and extensive secondary research in order to identify
best practices in the industry.
About Mobile Devices Ing.
Mobile Devices is a leading player in telematics and telematics
innovations. Shortly after its foundation in 2002 the French company launches
the first connected PND (M2 and M3) and the highly scalable range of GPS &
GPRS connected products (C4+SDP4 & Dreevo range). The unique open MCT
platform enables thousands of developers all over the world to create their
own connected professional services. Applications can be shared by all
devices through the communication gateway — the company's latest innovation.
Mobile Devices has been profitable since its creation and has grown to
US$10 million by the end of 2008 from US$8.5 million in 2007. The revenues
have been increasing every year. A first round of investment in July 2007
values the capital of the company around US$25 million, backed-up by
Innovacom.
Today Mobile Devices counts more than 75 qualified employees working in
all major fields of telematics (core system, server, hardware, software). The
company counts more than 350 customers in more than 40 countries over 5
continents and has representatives in Europe, Asia and the United States.
Thinking ahead of telematics is Mobile Devices' strategy and what makes
it a global success.
Mobile Devices Ing Contact: Cyril Zeller Cyril.zeller@mobile-devices.fr www.mobile-devices.fr
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Frost & Sullivan Contact: Jasmine Malone - Promotions Coordinator Phone: +44-207-915-7869 E-Mail: jasmine.malone@frost.com
Jasmine Malone - Promotions Coordinator of Frost & Sullivan, +44-207-915-7869, jasmine.malone at frost.com; or Cyril Zeller of Mobile Devices, Cyril.zeller at mobile-devices.fr
Tags: Frost & Sullivan, London, United Kingdom