In a recent release, ORBCOMM announced that it has expanded its long-standing agreement with Terex Corporation, and extended the service term of ORBCOMM’s factory-installed telematics solution to its customers. As part of the agreement, ORBCOMM and Terex reportedly will also collaborate on continued technology innovation for ORBCOMM’s heavy equipment IoT device and cloud-based data reporting and analytics platform.
Through this enhanced agreement, Terex said it will extend its commitment to its customer base for their use of ORBCOMM’s telematics system for seven years, with an automatic renewal for four additional years. Terex reportedly will offer ORBCOMM’s telematics system as standard across several different brands in Terex, including Powerscreen Terex Finlay, CBI, Terex Ecotec and EvoQuip.
Terex also plans to migrate to ORBCOMM’s next generation OEM platform, FleetEdge 4, which has been customized to monitor heavy machinery, increase operational efficiency and provide cost savings to Terex’s customers. ORBCOMM’s FleetEdge 4 platform is designed with an improved user experience, including dynamic dashboards, filters and custom reports, according to the release, tailored to the needs of fleet managers.
In addition to providing connectivity on global LTE bands, ORBCOMM’s dual-mode device provides fallback to multi-band 3G and 2G networks if 4G is not available, and to satellite when out of cellular coverage, all of which is designed to simplify logistics and distribution and lower the cost of global deployments for Terex.
“ORBCOMM’s enhanced agreement with Terex solidifies their commitment to their heavy machinery customers around the world by leveraging our best-in-class, dual-mode IoT technology,” said Marc Eisenberg, CEO, ORBCOMM. “The unique combination of our global telematics device and next-generation data reporting and analytics platform customized for Terex enables customers to track, monitor and control their assets seamlessly into the future.”
“Telematics is more important than ever right now. Being able to stay connected with your equipment, manage logistics, access critical machine information and perform remote operator support is vital,” said Paul Morris, Telematics Manager, Terex. “Terex is pleased to deliver ORBCOMM’s latest IoT technology to its global customers and leverage the critical data insights to drive further improvements in our machinery, including increased reliability, uptime and fuel efficiency.”
Partnerships like the long-standing one between ORBCOMM and Terex are so important to the growth of the IoT. To learn about how these partnerships work and to find strategic partners of your own, join us at next year’s IoT Evolution Expo 2021: It’s Time to Grow, taking place in Miami in February. Call for speakers now open.
Ken Briodagh is a storyteller, writer and editor with about two decades of experience under his belt. He is in love with technology and if he had his druthers would beta test everything from shoe phones to flying cars.Edited by
Ken Briodagh
