Telit Mobile Phones
Telit Communication Plc is a global player in the field of wireless machine to machine (M2M) technology. The company's headquarters are in Italy with sales offices spread across the continents. Telit is a growing company with huge market potential in an industry that has a 27 billion Euro existing market and growing. Telit is currently the third largest M2M in the world in terms of sales figures, thanks to the company's steady progress.
M2M is a relatively new technology. It basically allows machines to connect together in more cost-effective and efficient ways. Some of the key applications of M2M are in connecting machines to machines, machines to service centers, individuals or vehicles to machines. For example, it can be used in the security arena by allowing personnel to be connected with machines in headquarters for a pin-point geographical location.
Telit's M2M market is growing at a fast pace. According to industry research the growth rate between 2006-2012 would be around 31 percent.
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