Telit

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Telit Communications

Type	Public
Industry	Machine to Machine communications telecommunications
Founded	Trieste, Italy (1986)
Headquarters	Headquarters: London, UK Regional Headquarters: EMEA (Trieste, Italy) North America(Raleigh, North Carolina, US) Latin America (Sao Paulo, Brazil) APAC (Seoul, Korea), Italy
Key people	Oozi Cats, CEO Yosi Fait, Deputy CEO Yossi Moscovitz, President revenue = $207.2M in 2012, $108.1M in H1-2013
Products	Telecommunications
Employees	557 as of June 2013
Website	www.telit.com

Telit Communications PLC is a global provider of wireless machine to machine (M2M) technology and value-added services including connectivity^[1] headquartered in London, UK.^[2] The company is listed on the AIM (AIM: TCM).

Telit Wireless Solutions (TWS) is a subsidiary of Telit Communications PLC. Telit is a fast-growing wireless M2M company, addressing a worldwide market that amounts to €14 billion already today.^[3] In terms of sales, Telit is ranked as the third-largest M2M module supplier worldwide by market research firm Berg Insight. Since 2005, the company has achieved steadily increasing sales.

Telit Wireless Solutions' headquarters are located in London, with regional headquarters in EMEA (Trieste, Italy), North America (Raleigh, North Carolina), Latin America (São Paulo, Brazil), and APAC (Seoul, Korea). The company has a wide network of sales offices located in Australia, Brazil, China, Denmark, Germany, France, India, Israel, Italy, Korea, Russia, Spain, the Republic of South Africa, Taiwan, Turkey, the UK and the US.

Telit introduced the ball-grid-array (BGA) module, the “Family” and “Unified-Form-Factor” concepts and the smallest GPS receiver module. The company offers an extensive portfolio of cellular, short-range, and global navigation satellite system (GNSS) modules. Its products are available in over 80 countries from 27 sales offices.

History

In 1986, the company started as Telital and Telital Automotive – an engineering company providing research and development services to multinational telecoms. In 1997, the company began manufacturing and marketing products under the Telit brand. Telit launched its first M2M module called Datablock in 1998. From 1997 on, millions of cellular handsets and other mobile communications devices including the first Globalstar satellite phone were to users and operators worldwide.

In 2006, with the acquisition of Bellwave, the APAC (Asia and Pacific) Telit's regional headquarters was opened in Seoul. At the same time, offices in North America were also opened in North Carolina creating Telit North America. Also in 2006 Telit premiered its telit2market magazine, an annual publication covering trends, opinions and market reports on M2M, along with the case studies and technology updates.

In 2008 Telit continued its global expansion with new regional operations, establishing sales offices and manufacturing in São Paulo, Brazil; sales offices in Johannesburg, South Africa and Ankara, Turkey.

In 2009 Telit acquired France-based One RF focused on development of 802.15.4, ZigBee® and proprietary low-power mesh-network modules. The deal included a full portfolio of IPR covering short-range protocol stacks. Telit also launched Infinita Services conceived to simplify M2M solution deployment and maintenance of device software. Launches a new short-range product family and the market’s smallest GSM/GPRS module, the GE865-QUAD.

In March 2011 Telit acquired Motorola Solutions' M2M modules business unit. The acquisition brought Telit’s consolidated pro forma revenues to approximately $180 million for the year ended 31 December 2010. This was equivalent to a pro forma market share of approximately 20% based on report by Beecham Research.^[4]

In January 2012 Telit acquired Navman Wireless OEM Solutions, providers of Jupiter-brand GPS modules, for $3 million in cash. The acquisition gave Telit a dedicated GNNS research and development unit and access to customers outside the M2M module industry.^[5]

In July 2012 Telit formed a new business unit, m2mAIR,^[6] to offer M2M managed and value-added services including connectivity. m2mAIR offers module and subscription lifecycle management via a Software as a Service (SaaS) platform and global wireless coverage in partnership with Telefónica. The service was initially available in Europe with roll-outs scheduled in the U.S., APAC and Latin America later in 2013 .^[7]

Later in 2012 Telit launched the Jupiter SL869 multi-constellation GNSS receiver supporting GPS, GLONASS, Galileo and QZSS; quickly followed by the 3D-SiP-based SE880, the market’s smallest and most sensitive full-featured GPS receiver.

In 2013 Telit acquired of CrossBridge Solutions expanding m2mAIR into North America.

Today, Telit develops, manufactures and markets a wide range of enterprise communication modules including all relevant wireless technologies for M2M applications enabling machines, devices and vehicles to communicate via mobile networks. Telit owns Protocol Stacks for most of its technologies of cellular and short range wireless modules. Its m2m module portfolio include products in GSM/GPRS, EDGE, UMTS, EV-DO, HSPA, LTE and CDMA products as well as short-range modules in Wi-Fi, ZigBee, Short Range RF (proprietary mesh and point-to-point networks for unlicensed frequency bands), Wireless MBus and GPS/GLONASS (Machine-to-Machine) modules. Its xE910 family of wireless modules features a single form factor that is interchangeable on regional cellular networks.

Telit remains the only company to publish an M2M trade magazine telit2market. Released regularly once a year, it is a reference for current developments and new technological advancements in the M2M market.

Research and Development (R&D)

Telit operates six R&D centers around the globe that are located in Trieste (Italy), Sardinia (Italy), Sophia Antipolis (France), Seoul (South Korea), Tel Aviv (Israel) and Foothill Ranch (California, USA). The R&D facility in Trieste is the company’s main engineering, design & development facility, and headquarters for the global R&D function. Trieste focuses its brain-trust in the advancement of GSM, GPRS, EDGE, and GPS technologies. Telit's Sardinia R&D center is the primary competence center for other wireless technologies and special projects. This facility investigates short-range wireless, satellite, and other emerging technologies. The R&D Center in Sophia Antipolis focuses on the development of short range technologies such as ZigBee, Wireless MBus and short-range device. Telit's APAC R&D center in Seoul is the main development site for the company's CDMA, WCDMA, and UMTS projects. It is also Telit's center of competence for automotive specific products and rugged design technologies. The team in Tel Aviv supports the other R&D centers worldwide in the cellular sector. Telit's R&D center near Los Angeles is focused on GPS/GLONASS and related location-based projects. The company also hosts a Technical Forum, an online knowledge database for the entire M2M community.

The M2M Market

Allowing real-time monitoring and control, minimizing or dispensing human intervention, M2M is gaining significant market traction as it addresses the ever-increasing demands in speed, savings, safety, environmental protection, localization, remote control, accuracy, and others in the business world. Today, M2M applications are serving key functions. The M2M market is growing rapidly. According to Analysys Mason, the global market for machine-to-machine (M2M) device connections will grow from 62 million devices in 2010 to 2.1 billion devices in 2020.^[8] According to market research company Berg Insight, cellular M2M connections will more than triple their current number of about 108 million by 2016.^[9]

Application Areas

M2M applications can be found in a wide range of industries and sectors including vending machines, automatic meter reading (AMR), Point of sales (POS) terminals, transport and logistics (fleet management), healthcare, security technology, and many other applications. To ensure that value-chain players can profit from efficiency benefits afforded by the use of M2M modules, high quality, cost-effective, scalable and market-oriented solutions are needed. Additionally, the demands on M2M modules will continue to increase in the future – requiring substantial added versatility in use. The integration of complementary technologies such as Wi-Fi, GPS, Bluetooth and ZigBee at module level is constantly gaining increasing importance while the demand for small and compact modules for terminals geared towards the consumer market will also steadily grow (e.g. vital-sign monitoring, localisation and alerts for people with health conditions, and personal navigation) from the perspective of total cost of ownership and time to market.

Especially since the deregulation of the metering sector that has been triggered by the amendment of EnWG in Germany, so called smart metering solutions have become mandatory for new buildings as of 2010. Another consumer focus area will be the telematics sector: Driven by the European Commission, the European eCall system – also based on M2M technology – will dramatically reduce the response time of the emergency services. The European Commission expects that all new cars within the European Union will be fully equipped with this emergency technology.^[10]

References

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