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By apacciooutlook | Tuesday, February 09, 2016
FREMONT, CA: TeleCommunications Systems, a provider of wireless communication technology, and Intersec, a vendor of real-time streaming analytics software, announce partnership to expand location based services (LBS), worldwide.
According to the analysts STL, location based services are an important opportunity to operators, with the market for location analytics said to grow to $5 Billion by 2020. The partnership can address new market needs for location, such as from public safety to commercial applications.
Location services such as emergency alerts, geomessaging,real-time geo-fencing, location based advertisements location analytics, mass-scale location monitoring and crowd analytics are the solutions provided by the partnership. The partnership also enables the development of an effective solution over the cloud.
"Several years ago we made a calculated decision to expand our business by growing in new geographic markets. As a result, we began building out our ecosystem to sustain our number-one position in precise location and to drive the burgeoning LBS market. Partnering with Intersec is a natural step in that transformation, as the company is an industry leader in both active and passive location technology. Together we have rapidly secured three major operator customers in Africa and Asia, and are continuing to expand our customer set as operators take advantage of 4G and 5G capabilities to deliver new location-based services." says TCS Commercial Software Group, Vice President of Mobility Solutions Keith Bhatia.