DENVER & BOCA RATON, FL, Sept. 14, 2005 (BUSINESS WIRE) -- To take a further leadership role in the emerging market for automated remote asset management, known as machine-to-machine (M2M) telemetry technology, Siemens and Cartasite today announced the intent to form a new strategic alliance that will combine Cartasite's remote asset management software and monitoring capabilities with the Siemens M2M One portfolio of wireless solutions.
Cartasite's telemetry monitoring center and visualization tools enhance the Siemens M2M offering by making it easier to process and display large amounts of data produced by machines. Together, Siemens and Cartasite are able to deliver solutions that make location and telemetry data relevant and actionable. In addition, Siemens' position as a global leader in wireless solutions gives Cartasite access to new customers and markets.
"The combined offerings from Siemens and Cartasite will deliver significant value to our customers," said David Bingaman, Cartasite's COO. "By leveraging Siemens capabilities, Cartasite is able to focus on what we do best, monitoring high volumes of remote assets and visualizing the results."
"Machine-to-machine networks produce mountains of data and Cartasite has demonstrated a unique ability to process huge volumes of data and make it relevant," said Jose Costa e Silva, President of Wireless Modules at Siemens Communications. "Together, Siemens and Cartasite can deliver leading M2M solutions on a global scale."
Cartasite and Siemens are currently engaged in several joint pilot projects in the transportation, fixed equipment and consumer product distribution segments. Large-scale deployment is expected by the end of 2005.
Since introducing it first wireless module in 1995, Siemens has continuously provided progressively innovative, high-quality wireless modules. During the past decade, Siemens has evolved from being a wireless modules vendor to providing first-class support throughout the entire design-in process for M2M (machine to machine) applications. Siemens now offers complete support via its M2M One initiative, which covers the entire process from design to serial production of an M2M solution. M2M One provides a joint analysis of a customer business model, the selection of the hardware components best suited to the customer's purpose, the right M2M specialists for the customer's market segment, coordination with network operators and integration to the customer back-office.
Cartasite (www.cartasite.com) makes M2M actionable. Machines produce mountains of data. Cartasite delivers monitoring and software solutions to process machine-to-machine data and make it operationally relevant. Through its world-class network operations center, Cartasite filters the data and alerts appropriate personnel when a situation arises that needs their attention. Customers are leveraging Cartasite to optimize supply chains, monitor the location and operating status of trucks, remotely record the inventory levels in a vending machine, and control the temperature of cargo in intermodal containers.
Siemens AG (www.usa.siemens.com) is one of the largest global electronics and engineering companies with reported worldwide sales of $91.5 billion in fiscal 2004. Founded more than 150 years ago, the company is a leader in the areas Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $16.6 billion and employs 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 430,000 people in 192 countries.
Siemens Communications Inc. (www.usa.siemens.com/communications), offers its customers a broad portfolio of communication products and services and is a leader in convergent technologies, products and services for wireless, fixed and enterprise networks. The company's portfolio ranges from devices for end users to complex network infrastructures and complementary services for enterprises, carriers and service providers. Siemens Communications is based in Boca Raton, Fla.
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