Intelligent Mechatronic Systems (IMS) has received Product Differentiation Excellence award for its DriveSync platform under the Automotive and Transportation category from Frost & Sullivan.
The various criteria followed by Frost & Sullivan include innovative features and performance of the product, brand assessment and company’s efficiency in customizing their product as per the client’s requirements. All the recipients of this award were compared with their major competitors in the market and the strategy adopted by them to distinguish their product in the market was also measured.
The various features of DriveSync recognized by Frost & Sullivan include innovative pricing methods for usage-based auto insurance, road tolls collection, inspecting fleet locations, handling road usage, helping in the retrieval of stolen automotives, automated warning of collision and remote monitoring of vehicles. DriveSync can be incorporated with various components like wire-free communication, logistics assistance, application hosting, hardware provisioning, user-portals with an adaptable GUI, third party API integration, data integration, data storage and data protection etc.
Ken Truffen, VP for Marketing at IMS, expressed his excitement over receiving the award and expressed that their company will play a major role in the development of the Connected Car for OEM and aftermarket programs. He added that this has been substantiated by the tests which are currently carried out with a few global insurance companies and municipalities.
According to Matt Scruggs, Industry Analyst for Frost & Sullivan, all the latest products of the major companies in the automotive market were analyzed by them and the DriveSync solution of IMS had surpassed other competitors with its innovative performance, characteristics and their efficiency to cope with the demands of their end-users, thereby serving as a benchmark.