Connexion Media Ltd (ASX:CXZ) specialises in developing and commercialising smart car software apps and services for internet-connected vehicles and mobile devices.
Connexion Media (ASX:CXZ) has demonstrated its ability to penetrate global markets with major partners after confirming a supply agreement with General Motors for the Connexion Link vehicle management software app.
The arrangement – which represents one of the biggest automotive software deals in Australian history – includes a full product launch by GM to its new vehicle buyers and small fleet owners.
This new GM service is expected to be available for customers in the U.S. in 2016 and marketed through carmaker’s dealer network.
Connexion Link software is a simplified management system that helps companies run their vehicle fleets at maximum efficiency.
It tracks a range of real-time and historical data including vehicle locations, distance travelled, fuel consumption, battery life, engine performance and absolute and average speeds travelled.
Commercial Link is the first of its kind to be designed and developed to utilise embedded in-vehicle connectivity for small fleet owners.
Expansion of the service into other GM markets such as Europe and Asia is considered a possibility, especially considering forecasts that all cars will be internet-connected by 2025.
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