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M2M FEATURE NEWS

1.5 Million Cars Sport Spireon's M2M Automotive Platform

By Matt Paulson February 25, 2014

Spireon is one of the world’s top mobile research management companies, formed out of three industry companies: ProconGPS, EnfoTrace and PFS. Spireon’s automotive M2M solutions have reached unprecedented heights serving the auto lending and dealership industry. Its Automative Solutions Group reached $102 million in revenue this year, with more than 1.5 million vehicles actively using its products.

Just over a year ago, Spireon introduced the Talon GPS tracking device, which has now seen more than 800,000 units deployed in cars around the world. The popularity of the device seems to be growing as well, with record-breaking numbers of units shipped in January of 2014. Typically, auto dealers and lenders use these to track vehicles, making vehicle recovery and monitoring loan statuses easy. In addition, Spireon’s Automative Collatoral Management Platform, a Software as a Service (SaaS) product, is also designed to lower the risk dealerships and lenders face with subprime lending. Some of the powerful features available with the platform include remote shutoff, interactive mapping, customizable geozones and full turnkey installation services.

Spireon’s ability to innovate new products with attention to detail is one of many reasons that the company has seen such rampant success over the past year. Marc Brungger, Spireon’s CEO, claims, “We have always been focused on what’s in the best interest of automotive dealers and lenders.” He was also quoted saying, “Spireon’s teams are made up of the best-of-the-best from the BHPH industry – people who know the challenges these dealerships are facing. We know their world intimately, and we have the most expertise to address their needs.”

This expertise combined with Spireon’s excellent product features protect the automotive industry from losing valuable assets, which makes their products a must-have in a modern, connected world. Usefulness breeds success in the M2M world, which is why Spireon was able to pull off such a runaway success.




Edited by Rachel Ramsey

IoTevolutionworld Contributing Writer

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