COLUMBIA, Md.--(BUSINESS WIRE)--Agnik is pleased to announce that the United States Patent Office has issued a new set of patent claims to Agnik in the field of onboard vehicle data mining, social networking, and pattern-based advertisement (Number: 20110258044). This expands Agnik’s existing patents (e.g. Number: 7715961) on onboard data analytics-based distributed data mining methodology for cloud-based Big Data mining in Connected Cars.
Scalable Big Data management and analytics for connected cars work in a very different manner compared to other verticals where data can be easily collected, managed, and analyzed in a centralized manner. A car can generate large volume of data using various sensors every hour. Sending this voluminous data to the server over the wireless network is expensive and often not scalable. One possible solution to this problem is to push standardized analytics computation to onboard the vehicle and to send the results of the analysis to the cloud instead of sending the raw data. This allows monitoring thousands of vehicle performance parameters with minimal communication cost. For more details please see http://AGWP100.vyncs.com
Agnik’s approach to Big Data is based on this fundamentally distributed data mining framework where advanced onboard data analytics works hand-in-hand with cloud-based data processing for both synchronous and peer-to-peer asynchronous architectures. Large library of well understood statistical and machine learning algorithms designed for high throughput data streams power Agnik Onboard middle-layer. “Agnik’s data analytic products based on analysis of vehicle telematics data with social data and pattern-based advertisement campaigns are offering new ways to generate revenue streams from connected car infrastructure,” said Dr. Hillol Kargupta, President, Agnik.
Agnik offers a wide range of vehicle telematics products. Agnik’s consumer market solution Vyncs and an ecosystem of B2B telematics data analytics software such as MineDrive for the insurance industry, MineCar for the vehicle repair industry, MineFleet for the commercial fleets and BITS for the Auto-OEMs, are driving many solutions in the market today. One such example is the Audiovox Car Connection product designed for the consumer market. Audiovox Electronics Corporation is a leading International mobile and consumer electronics company specializing in markets that include OEM and after-market automotive electronics, consumer electronics accessories, and consumer and commercial audio equipment. Audiovox has strong manufacturing capability for the hardware but needed a partner who could provide them with the in-vehicle device software and cloud-based backend analytics services for its Car Connection product.
Audiovox partnered with Agnik for developing the embedded software in the OBD-II dongles and backend vehicle performance analytics platform for AUDIOVOX’s Car Connection solution. This partnership resulted in the development of the AUDIOVOX Car Connection product based on Agnik’s onboard middle-layer, onboard analytics, and cloud-based data management/mining software platform. “Agnik’s consumer market vehicle-telematics platform, Vyncs, played a key role in the development of our Car Connection product. Specifically, the onboard analytics, solid IP foundation, and cloud-based software platform made Agnik the right partner for our unique telematics solution. We believe that combination of our hardware and their software has delivered the best OBD-II product on the market today,” said Tom Malone, President, Audiovox Electronics Corp. For more details on the Audiovox Case Study, please visit: http://VoxCaseStudy1.vyncs.com
ABOUT AGNIK
Agnik is a cloud-based vehicle performance data mining software company with wide range of telematics products and platforms for the consumer, fleet, insurance, vehicle-repair-services and automotive OEM markets. Agnik’s onboard data stream mining software manages many in-vehicle devices. Agnik’s technology powers many products in the consumer and commercial fleet market. Agnik powered products received the 2013 Frost & Sullivan North American Automotive Usage Based Insurance Customer Value Enhancement Award and 2010 Frost & Sullivan North American Enabling Technology of the Year Award in Commercial Vehicle Telematics. Agnik also received the Top-10 Data Mining Case Study Award by IEEE for demonstrating its success in solving real-world challenges using its advanced vehicle performance data mining products. For more information about Agnik please visit www.agnik.com.
