Wireless innovation firm Waleli poised to grab share of explosive growth in M2M communications market Friday 3 August 2007 PDF Print Wireless innovation firm, Waleli, has announced a number of solutions which support the industry’s predicted, rapid growth in M2M communications. According to Gartner M2M communications will grow to around €914 million by 2008 and will feature applications, particularly in the fields of transport and logistics, remote control systems, healthcare and security technology. Waleli’s M2M solutions include a cost-effective smart metering offering, remote management of industrial floor cleaners and remote maintenance of bottle recycling units. “M2M has the potential to become a mega trend and the market is expected to be worth over €220 billion in 2010, compared to the current 20 billion euros*,” said Siete Hamminga, CEO and founder of Waleli. “M2M has been around for years and it is appearing more and more in our daily lives. Existing examples include underground rubbish containers in cities that automatically call when they are full; software in parking meters is remotely updated and stolen work equipment can be traced via satellite.” Smart metering Working in conjunction with Smart Dutch, a Dutch start-up, Waleli has developed a smart metering solution which uses a combination of wireless technologies and the latest advancements of meter manufacturers to create a system which is significantly cheaper than existing alternatives because the meter readings of up to 100 households are collected to one central point before being collectively sent to the utility company - as a result, the hardware costs and subscription fees for the GPRS or internet connection are shared among all the households, significantly lowering the transmission costs per household. Remote management of industrial floor cleaners Waleli’s partnership with a leading cleaning equipment and product company is helping the manufacturer to remotely manage the servicing of industrial-size floor cleaning machines, such as those you would see in airports. Instead of having to send out an engineer to service the machine, it can be done remotely over the air. The remote monitoring and management of the machines also provides valuable information about how the machines are being used. Remote maintenance of bottle recycling units A third example of Waleli’s growing recognition in the M2M arena is through its partnership with Dutch company Techno Trend Milieutechniek. Waleli is helping the company to remotely monitor its bottle collecting machines which, are increasingly being sited in supermarkets. The units encourage consumers to recycle by offering refunds against bottles that are deposited in the machines. The remote monitoring capability will alert Techno Trend Milieutechniek if one of its machines malfunctions and, in many cases, fix the problem before anyone is aware of it. In addition, instead of having to send out an engineer to service the machine, it can be done remotely over the air. * Source: IDATE, Mobile 2006 About Waleli Waleli is one of the new breed of independent high-tech companies that look for ways to apply the latest technologies in innovative products or services, rather than being driven by (or tied to) specific technologies. Waleli develops and markets products under its own brand; and also works in partnership with larger organisations like Philips and Siemens to help them identify new product concepts and ‘fast-track’ their development. The company was formed in 2002, and is based in central Amsterdam. It completed its second round of financing in June 2006. -END- For further information: Lesley Booth & David Mieny, Six Degrees Tel: + 44 (0) 1628 480280 Email: firstname.lastname@example.org / email@example.com This press release was distributed by ResponseSource Press Release Wire on behalf of Six Degrees Limited in the following categories: Manufacturing, Engineering & Energy, Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.