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ID Systems Patents Embedded M2M Vehicle Impact Management and Reporting Platform

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August 11, 2014

ID Systems Patents Embedded M2M Vehicle Impact Management and Reporting Platform

By Matt Paulson, TMCnet Contributing Writer

People often talk about the Internet of Things with very few real-world examples, and often instead talk about theoretical ways in which machines would use the Internet to communicate with one another to make our lives easier through automation. While many of these concepts have plenty of merit, such as automatic light and heating management systems for homes, I.D. Systems has just received a patent for a product that utilizes this technology to the fullest. The newly patented Vehicle Management System (VMS) is able to automatically sense, record and report vehicle impacts in the event of an auto accident. While the VMS is currently slated for use in rental cars, industrial trucks and transportation asset management, the company could potentially develop a version of the product catered towards consumer use in the near future.

“We believe this patent gives our solutions a significant advantage over our competitors and will help I.D. Systems extend its market leadership,” says the company's CEO and Chairman, Kenneth Ehrman. “In the VMS market, reducing the risks and costs of industrial truck accidents is often a key factor in our customers' return on investment, and we include impact management as a standard feature in our VMS implementations.”

I.D. Systems is also looking forward to using the device in a variety of markets, and Ehrman continues to note that “In the rental fleet market, impact management can help rental companies identify vehicle damage – a significant cost when undetected – and charge customers back if needed. Similarly, in the transportation asset market, impact management helps identify collisions and damage that might otherwise be overlooked. Beyond our core markets, we believe our impact sensing patent is relevant in any application where end users are concerned with detecting impacts on mobile assets.”

Placing impact sensors on vehicles that automatically report the recorded information to insurance companies save time and money by reducing the need to go into an auto body shop to calculate a damage estimation, as well as the time it takes to simply report the incident. While there are no official plans to market such a product to consumers, the fact that the VMS already has such varied usages across multiple industries means that a consumer version would likely require minimal modification to function well.

Edited by Maurice Nagle

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