Symphony Analytics, a division of global innovation and development services company Symphony Teleca Corporation (STC), today launched ORION, the industry’s most revolutionary predictive analytics solution for M2M and connected devices. The solution gives enterprises the ability to generate real-time insights from large amounts of data generated by connected devices. These insights are leveraged to bring out engineering excellence, such as improved operational efficiency and competitive products, as well as business outcomes, including decreased costs for OEMs and improved margins.
As the connected device and M2M sectors continue to grow, industrial players are increasingly looking to real-time predictive analytics to explore how they enable improved products, enhanced service, and reduced costs. In the automotive sector alone, Gartner predicts that by year-end 2020, more than 80 percent of all new vehicles sold in mature automobile markets, such as the United States, will offer connected-vehicle functionality.
“Today’s consumers want very specific features that enhance the driving and ownership experience,” said Thilo Kowlowski, vice president and distinguished analyst at Gartner. “The era of the connected vehicle will help the automotive industry to redefine value propositions for its customers by going beyond realizing all profits at the point of sale when a customer purchases a vehicle. The ability to be connected and talk to a consumer while driving represents a unique and truly captive audience that other industries would love to have. (1)”
ORION subscribes to large scale streaming data generated by industrial M2M devices and churns actionable insights. With its capability to process Big Data stemming from different sources, as well as with its unique analytical modeling techniques, ORION can extract intelligence from connected devices and corresponding business applications that can improve performance, cut costs and enhance user experience. ORION supports distributed deployment models across embedded components and cloud.
Symphony Teleca’s ORION is also available as a pre-integrated component to the award winning InSight Connect cloud services platform for M2M and the Connected Car.
“As the number of M2M devices continues to surge, there is significant potential for end-users to implement more efficient processes and reap financial benefits,” said Satheesh Kumar, SVP & GM of Symphony Analytics. “By offering real-time analytical insights, ORION enables the operationalization of analytics, letting industrial enterprises take advantage of this potential and deliver solutions that will drive customer value.”
About Symphony Analytics
Symphony Analytics (symphony-analytics.com) is one of the largest analytics process integrators and a pioneer in decision sciences and modelling services, helping enterprises to integrate predictive analytics directly into key business processes. Its deep domain expertise in core vertical markets, such as retail and brands, financial services and healthcare, and its partnerships across Big Data and Predictive Analytics eco-systems, bring best-in-class services and solutions to its clients. Symphony Analytics is part of Symphony Teleca Corporation, a fast growing global company with over 7,500 employees in over 40 offices worldwide, including delivery centers in Asia, Australia, Europe and the Americas.
About Symphony Teleca (STC)
Symphony Teleca Corporation (symphonyteleca.com), headquartered in Mountain View, Calif., is a global innovation and development services company. The company provides software product development services, as well as big data integration and analytics services to drive innovation-led revenue growth for the world’s leading independent software vendors, mobile and connected systems OEMs, and enterprise clients. For its clients, STC develops software products and platforms, mobile device and connected system software, and cloud-based enterprise solutions and systems of engagement that integrate enterprise software, mobility software and big data sets and analytic models. STC has enabled hundreds of global brands in retail, eCommerce, healthcare, hospitality, media and financial services to dramatically improve innovation speed, productivity and quality. Symphony Teleca is a fast growing global company with over 7,500 employees in over 40 offices worldwide, including delivery centers in Asia, Australia, Europe and the Americas.
(1) Gartner Press Release, What to Expect at CES 2014 - Connected Cars, Dec. 11, 2013
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