Its advantage over traditional telematics systems is apparently its ability to take data from any sensor through its IoT hub, analyze it to deliver multidimensional analytics, and provide real-time data services to support a full digital transformation of the policyholder experience. Global Telematics has invested $ 100 million in an internet of things ( IoT ) project , called the next generation platform , for the motor insurance sector . The multinational aims " to build a complete new customer experience for policyholders " by taking data from its IoT platform and providing real - time analysis to allow car insurers to offer personalised cover . The platform , which is operational , could be expanded to include car , home , car , and on - demand insurance .
Global Telematics has invested $ 100 million in an internet of things ( IoT ) project , called the next generation platform , for the motor insurance sector . The multinational aims " to build a complete new customer experience for policyholders " by taking data from its IoT platform and providing real - time analysis to allow car insurers to offer personalised cover . The platform , which is operational , could be expanded to include car , home , car , and on - demand insurance .