telematics box

Octo Telematics (OCTO) is an Italian multinational technology company that provides telematics and Internet of things (IoT) analytics to the auto insurance industry. This is commonly known as Usage-based insurance (UBI) or pay-as-you-drive insurance. As of 2020, the company was a telematics and data analytics service provider for the car insurance industry. With its analytical services, OCTO also serves the fleet management industry and provides IoT solutions to a number of other markets.
Founded in Italy in 2002, the company is headquartered in Rome, with offices in Boston, London, Madrid, Stuttgart, São Paulo and Shanghai. OCTO's big data set consists of data collected by connected users around the world. Drivers automatically provide data relating to the car, their driving behavior, localization, context, possible accidents, along with other data. This is stored and analyzed based on a combination of thousands of parameters.
Products and services are developed for insurance companies, fleet managers, car manufacturers and shared mobility operators. Governments and cities are also among its customers.
Globally, OCTO has more than 6 million connected users generating 267 billion miles of driving data and 473,000 crashes and insurance related events. Within the shared mobility market, OCTO serves more than 10 car sharing services with more than 400,000 rentals per month.

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