Success of KVH AgilePlans Accelerates Maritime Digitalization
06 September 2018 - 2:15PM
Increased demand for the AgilePlans™ subscription-based
Connectivity as a Service (CaaS) program from KVH Industries, Inc.,
(Nasdaq: KVHI) has been the driving force behind the company’s
unprecedented growth in VSAT unit deployments during the first six
months of 2018, a timeframe when the maritime industry has been
increasing its drive toward digitalization.
KVH recently reported that it successfully shipped almost as
many VSAT systems in the first six months of 2018 as it shipped in
all of 2017. Further, KVH VSAT unit shipments from April to
June were up 100% compared to the same timeframe last year and
shipments are at an all-time record by far compared to any quarter
in KVH’s 10-year history in the maritime VSAT business.
Throughout the maritime industry, commercial fleets are
transitioning to digitalization to increase operational efficiency
and allow for integrated IoT solutions. Vessel operators can
leverage faster connectivity to take advantage of real-time data
transfers to improve decision making for fuel optimization, route
planning, and safety. Providing Internet access to seafarers for
crew welfare and onboard training is also important in attracting
and retaining today’s more digitally sophisticated crew. “I believe
our recent success is a result of the broad appeal of our
all-inclusive no-commitment AgilePlans program in the commercial
markets combined with our new high-throughput satellite global
network and superior service,” says Martin Kits van Heyningen, KVH
CEO. “We’re being selected across all segments, from small fleets
to large.” The AgilePlans program—a CaaS subscription-based model
offering KVH’s global connectivity, VSAT hardware, news,
entertainment, and training content, free installation in select
ports, and zero maintenance—is proving extremely attractive to
global fleets. KVH’s recent AgilePlans customers include fleets
with hundreds of vessels transiting the world’s oceans, from
Supramax bulk carriers and dry-bulk carriers to chemical tankers
and containerships. The CaaS solution is particularly popular when
paired with KVH’s newest antenna system, the TracPhone® V7-HTS,
introduced in late 2017; nearly 80 percent of recent AgilePlans
vessels selected the TracPhone V7-HTS. This 60 cm, Ku-band antenna
system is designed to consistently deliver global data download
speeds of up to 10 Mbps, and upload speeds of up to 3 Mbps. The
TracPhone V7-HTS was designed for KVH’s mini-VSAT BroadbandSM
network, which late last year began utilizing the award-winning
IntelsatOne Flex platform, a global managed service designed to
optimize bandwidth allocations and provide flexible coverage where
it is needed. With the TracPhone V7-HTS, vessels can take advantage
of cloud-based software programs, remote system monitoring, and
data analytics in the pursuit of digitalization.
KVH is a mobile tech innovator that provides connectivity
solutions for commercial maritime, leisure marine, and land mobile
applications on vessels and vehicles, including the award-winning
TracPhone and TracVision® product lines, the global mini-VSAT
Broadband network, and AgilePlans Connectivity as a Service (CaaS).
The company’s Videotel™ business is a market-leading provider of
training films, computer-based training, and eLearning for the
maritime industry, and its KVH Media Group provides news, sports,
and entertainment content with such brands as NEWSlink™ and
SPORTSlink™.
Note to Editors: For more information about AgilePlans, please
visit the KVH website,
kvh.com/agileplans. High-resolution images of KVH products are
available at the KVH Press Room Image Library,
kvh.com/Press-Room/Image-Library.
About KVH Industries, Inc.KVH Industries, Inc.,
is a global leader in mobile connectivity and inertial navigation
systems, innovating to enable a mobile world. A market leader in
maritime VSAT, KVH designs, manufactures, and provides connectivity
and content services globally. KVH is also a premier manufacturer
of high-performance sensors and integrated inertial systems for
defense and commercial applications. Founded in 1982, the company
is based in Middletown, RI, with research, development, and
manufacturing operations in Middletown, RI, and Tinley Park, IL,
and more than a dozen offices around the globe.
KVH Industries, Inc. has used, registered, or
applied to register its trademarks in the U.S.A. and other
countries around the world, including but not limited to the
following marks: KVH, AgilePlans, TracPhone, mini-VSAT Broadband,
TracVision, Videotel, NEWSlink, and SPORTSlink. All other
trademarks are the property of their respective companies.
For further information, please
contact:Jill ConnorsMedia Relations & Industry Analyst
ManagerKVH Industries, Inc.Tel: +1 401 851 3824jconnors@kvh.com
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