Sensata Technologies Launches Sensata INSIGHTS Proprietary Platform that Provides End-to-End IoT Solutions

Rhea-AI Summary

Sensata Technologies (NYSE: ST) has launched its new Sensata INSIGHTS brand, offering end-to-end IoT solutions for logistics, supply chain, and asset management. This launch aims to tackle challenges related to data utilization in the rapidly growing IoT market. Sensata INSIGHTS combines proprietary hardware and software with machine learning capabilities, providing enhanced data quality for strategic decision-making. The new offerings will be showcased at CES 2023 in Las Vegas, demonstrating Sensata's commitment to innovation through recent acquisitions.

Positive

• Launch of Sensata INSIGHTS brand enhances product portfolio.
• New IoT solutions leverage machine learning for better data insights.
• Recent acquisitions strengthen market position and capabilities.

Negative

• None.

• Sensata INSIGHTS provides better data for customers to fully maximize the IoT ecosystem with end-to-end solutions that span the entire supply chain including logistics, telematics and worksite monitoring and management.
• The portfolio includes proprietary hardware and software platforms for applying powerful machine learning and artificial intelligence to derive key insights.
• Sensata INSIGHTS will debut its new end-to-end solutions portfolio at the Consumer Electronics Show (CES) in Las Vegas, Nevada in Booth 10814.

SWINDON, England--(BUSINESS WIRE)-- Sensata Technologies (NYSE: ST), today announced the official launch of its new Sensata INSIGHTS brand that provides end-to-end IoT solutions for worksite and asset monitoring, supply chain and logistics, and telematics.

The IoT market is growing rapidly and as supply chains generate more data than ever before, companies ranging from Telematics Service Providers (TSPs) and supply chain visibility resellers to commercial vehicle fleet users are challenged to figure how to “connect the dots” and convert data into meaningful insights.

Sensata INSIGHTS began with Sensata Technologies' vision to solve this challenge at the intersection of an IoT value-driven future and a 100-year-old legacy of innovation and engineered sensing solutions. To realize the vision, Sensata acquired three companies, Xirgo Technologies, SmartWitness and Elastic M2M, all leaders in their respective categories. The consolidated business under Sensata INSIGHTS will help customers maximize the IoT ecosystem with end-to-end solutions that span video telematics, IoT asset management devices and software platforms for applying powerful analytics and machine learning.

“Our new INSIGHTS platform is a nexus between the physical and the digital, helping users make the smartest decisions through better data, an end-to-end view into the bigger picture, and a deeper commitment to our customer relationships,” said George Verras, EVP and Chief Technology Officer. “Sensata has always been known for our engineering excellence, ability to solve the world’s most challenging technical problems, and deep customer intimacy. We took that legacy of excellence, added new capabilities through a disciplined and committed M&A strategy and have emerged with a truly best-in-class platform which will help a myriad of customers, across trucking and transport, but also beyond including agriculture equipment, shipping and more.”

Sensata INSIGHTS offers proprietary technology to ensure maximum data quality and relevance to empower decisions and inspire exactly the right actions to reduce costs, avoid problems and enhance safety. Use-cases driving the highest value for Sensata’s partners across the entire supply chain are trailer utilization, workflow management, visibility of what’s happening in the field, mitigating risk from drivers and equipment operators, efficient use of non-power assets and the productivity of worksites overall.

“Sensata INSIGHTS provides flexible end-to-end supply chain monitoring and management solutions differentiated by more granular data, better insights and a deeper commitment to our customers and partners,” explains Shawn Aleman, General Manager of Sensata INSIGHTS. “We help our partners deliver better mission-critical decision making about movement of assets across land, sea, and air to their customers. I am excited for my team to meet with new and existing customers and partners at the Consumer Electronics Show this week to discuss the INSIGHTS platform,” adds Shawn.

The portfolio spans the entire supply chain ecosystem, and includes solutions addressing:

• Cargo and trailer management
• Warehouse and logistics
• Sensing solutions
• Vehicle telematics
• Video telematics
• Asset management and control
• Worksite management

To learn more about Sensata INSIGHTS, visit www.sensatainsights.com.

Sensata INSIGHTS will debut its new combined solutions portfolio at the 2023 Consumer Electronics Show (CES) in Las Vegas, Nevada, January 5-8, at Booth #10814.

About Sensata Technologies

Sensata Technologies is a global industrial technology company striving to create a cleaner, more efficient, electrified and connected world. Through its broad portfolio of sensors, electrical protection components and sensor-rich solutions which create valuable business insights, Sensata helps its customers address increasingly complex engineering and operating performance requirements. With more than 21,000 employees and global operations in 13 countries, Sensata serves customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets. Learn more at www.sensata.com and follow Sensata on LinkedIn, Facebook and Twitter and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230105005411/en/

Investors:

Jacob Sayer

+1 (508) 236-1666

jsayer@sensata.com

Media:

Leila Beardsmore

+1(805) 452-2165

leila.beardsmore@sensata.com

Source: Sensata Technologies

FAQ

What is Sensata INSIGHTS?

Sensata INSIGHTS is a new brand from Sensata Technologies that provides end-to-end IoT solutions for worksite and asset monitoring, supply chain logistics, and telematics.

Where will Sensata INSIGHTS be showcased?

Sensata INSIGHTS will debut at the Consumer Electronics Show (CES) in Las Vegas, Nevada, from January 5 to 8, 2023.

What companies did Sensata Technologies acquire to form Sensata INSIGHTS?

Sensata Technologies acquired Xirgo Technologies, SmartWitness, and Elastic M2M, which are leaders in their respective fields.

What are the key features of Sensata INSIGHTS?

Sensata INSIGHTS offers solutions for cargo management, warehouse logistics, sensing solutions, vehicle telematics, video telematics, asset management, and worksite management.

How does Sensata INSIGHTS enhance supply chain operations?

Sensata INSIGHTS enhances supply chain operations by providing granular data and actionable insights to improve decision-making and operational efficiency.