CXZ 0.00% 2.8¢ connexion mobility ltd

Mate - its been mentioned already how much the technology has...

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    Mate - its been mentioned already how much the technology has changed from decades ago. Here is an excerpt from @thisfool369 mentioned earlier...

    "Telematics began in the 1990s utilizing radio based communication to submit data – we have come a long way in 30 years, and with the rapid rate of technological development the implications and extent of services that can be provided is seemingly endless.I have previously viewed telematics in a car as something additional/extra. My view is that this perception will change rapidly over the next 10 years to where telematic software is seen as important as climate control or sound systems.Thisperception change will be significant for the fleet management industry, which up until lately (things have really moved in the last 5 years) the industry penetration of telematics in fleet management has been quite low, particularly in passenger and light commercial fleets."

    What is special about this technology in particular? It is the advanced detail and work that CXZ has put into this (2-3 years of. development with GM) that is available now due to accuracy of telemetry. Again @thisfool369

    "The main and highly compelling reason for increased penetration of telematics in fleet management is ROI. The efficiency and cost savings even for smaller fleets is undeniable. This takes the form of fuel savings, accurate usage charges, maintenance monitoring to avoid unnecessary asset depreciation, lower insurance premiums - the list goes on."

    So why would GM go with CXZ, they already had GPS, tracking etc for decades? You know why, because CXZ has the advanced customisation and detail required to produce advanced data and diagnostics to allow them to efficiently do fleet management. That is, CXZ specialise in this area of telemetry. GM outsourced this to a specialised company to help them squeeze out every area fo efficiency.

    Could other companies do this tech?
    Undoubtedly, some big car companies, could do some telemetry, but not at the level of detail of CXZ. They focus on making cars etc. They need a specialist, cxz does this for them.
    Could other tech companies do this? Perhaps, however as mentioned already it has taken CXZ - 2-3 years with a team focused on this to produce what GM want, there is a level of stickiness/connectedness already. This kind of software is not just thrown together and plugged in after a week.

    After further growth within the GM system is done and other OEM are approached, (with their GM experience) you don't want to be on the sidelines, it will be too late.

 
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