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Weir Oil & Gas intros RFID fleet-maintenance system, mobile app ••• SmartMetric, Grupo Datco sign dealership agreement for RFID security cards ••• Global Market Insights says IoT health-care market will surpass $10 billion by 2024 ••• Future Market Insights predicts RFID printer market will expand in coming years ••• IBM, Cisco collaborate on intelligent IoT platform ••• STMicroelectronics, Jorjin offer Sigfox IoT modules with dual RF connectivity ••• Penske Corp., Hitachi partner to improve vehicle performance via IoT.
By Rich Handley

Penske Corp., Hitachi Partner to Improve Vehicle Performance via IoT

Hitachi has announced that it has started a collaborative creation process with Penske Corp. for Penske's next-generation data solution. The goal of the collaboration is to improve vehicle performance while leveraging Hitachi's digital and Internet of Things (IoT) technologies.

Hitachi and Penske began their partnership in 2012. Since 2017, the companies have been working to utilize Penske's vehicle data to improve performance. "This announcement signifies Hitachi's commitment to Social Innovation Business with specific focus on the transportation industry," said Toshiaki Higashihara, Hitachi's president and CEO, in a prepared statement. "Our opportunity to collaborate with Penske, leveraging their extensive knowledge in transportation and logistics, and data coupled with Hitachi's operational technology and information technology expertise, is aimed at creating dramatic innovations in the fleet management field."

"We are very pleased with the progress and continued strong collaboration with our valued partners at Hitachi," said Roger Penske, Penske's founder and chairman, in the prepared statement. "Hitachi's solutions have shown great promise as we strive to better leverage our vehicle data in new and innovative ways that helps meet the needs of customers across our businesses now and into the future. This is a natural progression from the technical work we've accomplished together in the motorsports realm, which has helped our INDYCAR program earn 38 wins and three championships since 2012."

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