AT&T*and LoJack Corporation, a provider of vehicle theft recovery and advanced fleet management solutions, announced today a collaboration to power LoJack's current and future telematics solutions. The alliance is resonant of both company's commitment to providing machine-to-machine and telematics solutions to the automotive and fleet industries.
By 2018, more than nine billion devices will be connected to the Internet of Things, according to Business Insider Intelligence estimates. Benefits from the Internet of Things movement – including better operational efficiency, improved customer service and increased profitability – are driving the demand for companies of all sizes to integrate these intelligent, connected solutions. Collaborating with AT&T will enable LoJack to continue to deliver on its commitment to the safety, security and protection of its customers and their assets with proven technology that provides businesses with the services and solutions necessary to be successful in today's market.
"As LoJack continues to build on its current portfolio of telematics offerings and our strong history in the automotive industry, we're excited to collaborate with AT&T to deliver new connected solutions," said Randy Ortiz, President and CEO of LoJack Corporation. "In an increasingly connected world, both companies can work together to empower businesses with innovative solutions that drive operational efficiency and customer service needs, while also improving driver safety."
"The work we have planned with LoJack is a great example of how the industrial Internet of Things is going to reduce costs and enable exciting new solutions for customers," said Chris Penrose, senior Vice President, Internet of Things, AT&T Mobility. "We're leading in machine-to-machine connections in North America because we are committed to providing innovative solutions so an enterprise can achieve those goals."
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.