Based on its recent analysis of the MEASA telematics and Internet of Things (IoT) solutions market, Frost & Sullivan recognizes iTriangle Infotech Private Limited with the 2020 Indian Enabling Technology Leadership Award. Its end-to-end telematics platform and best-in-class innovative industry practices have made iTriangle the largest Indian vehicle telematics device manufacturer. To specifically address the demands of the Indian market, iTriangle developed modular solutions that free customers to purchase hardware and software separately. By managing entire projects, including hardware and software installation and maintenance, iTriangle has plugged the gap in the Indian market ecosystem with a turnkey solution.
iTriangle (itriangle.in) has acknowledged the unique requirements of each customer segment and developed solutions to suit those needs. TS101 Basic, its entry-level product, supports basic track-and-trace functions for commercial transport operators whereas its Bharat 101 for organizations looking to achieve compliance is the first telematics product that is Automotive Industry Standards (AIS)-140 compliant and certified by the Automotive Research Association of India. Another notable device is the UX101 for advanced users like cab operators and aggregators, school and employee transport operators, and mining operators.
“One of the key challenges iTriangle encountered in the Indian market was resistance from drivers who did not like the idea of being monitored. Acknowledging the need to earn drivers’ confidence, it offered training to help them understand how the technology would increase the number of trips and ultimately impact their remuneration,” said Kaushik Madhavan, industry analyst. “iTriangle assists the transport ecosystem, which is restructuring for optimum efficiency, to accept telematics solutions as a part of this initiative.”
iTriangle’s modular hardware and software can interface with any third-party front-end or back-end solution, flexibility that has expanded its network of partnering system integrators. For instance, it partnered with Qualcomm and MediaTek to develop its products on their chipset platforms for 4G and 2G communications. It is the first vehicle telematics company in India to start this sort of development program, enabling it to leverage the technological value to build automotive segment-specific product architecture. Overall, iTriangle’s partner network exceeds 200 system integrators and services more than 18 states in India through direct sales channels. It caters to all segments in the Indian automotive telematics market, including the vehicle security and surveillance sector, school and employee transport, and OEMs.
“Currently, iTriangle is working with two-wheeler and four-wheeler OEMs for a commercial rollout towards the end of 2020. It is involved with approximately 50 to 55 percent of all telematics projects in India,” noted Madhavan. “Compared to other companies in the telematics solutions industry, iTriangle offers superior devices that are flexible and cost-effective. For instance, its technologies work on a Linux platform that can integrate with a wider variety of sensors, providing greater value to customers. Its strong customer focus and partnerships have enabled it to penetrate global markets and achieve significant commercial success.”
Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.
Frost & Sullivan Best Practices awards recognize 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 to identify best practices in the industry.
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About iTriangle Infotech Private Limited
A Company Founded in 2009, Based in Bangalore- India, and working in the field of Telematics/IoT. started with an objective of developing an end-to-end platform in the domain of telematics. Currently iTriangle Infotech has over 400000 Vehicle Telematics Hardware installations, predominantly in India and also in Middle East North African Countries and USA. The company’s core competence is in Design, Development and Manufacturing in the domains of GPS/GIS/GSM/LTE and various related sensors. From an industry point of view, the company is focused in the verticals of Automotive, Infrastructure Management, Personal Security and Safety, Healthcare.