Software AG announced the availability of Terracotta DB, a new generation, distributed, In-Memory Database platform that delivers high-speed performance for combined operational and analytical processing.
How safe are our cars, really? While we may be excellent drivers, that means nothing if the car itself is suffering from mechanical faults. Cars over a certain age are obliged to undergo MOT certification every year, but during the 12 months between checks, there’s actually no legal need to undergo regular maintenance.
Part one of this series looked at how the data collected by autonomous cars can be analysed and used by insurers and car manufacturers to constantly develop and improve both vehicles and their risk. The next step is to consider how that data can be used and ‘learnt’ by the cars themselves.
Octo Telematics, a global provider of telematics and data analytics solutions for the auto insurance industry, and Guidewire Software, Inc., a provider of software products to general insurers, have announced that Octo has joined Guidewire PartnerConnect™ as a Solution Partner.
Anyone that uses Amazon or Netflix will be familiar with their suggested algorithms. These learn from the products and films that customers regularly view and purchase to understand their buying or watching habits and provide them with products that correspond to their interests.
What’s the fastest car on the road? A rental car. And it is exactly this adage that presents one of the biggest barriers to the successful application of peer-to-peer car sharing.
Andrew Lee, head of Market Intelligence and Analysis at Octo Telematics looks at the ADAS systems currently being installed in today’s cars and says they are the first steps towards the driverless car of tomorrow.
There is a critical need for better value insurance, safety measures to reduce the number of road accidents, as well as improved efficiency to ease ever increasing traffic congestion. Octo anticipates that 2016 will be another exciting year in telematics as new technologies add more value to insurance propositions.
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