KVH Industries, Inc., (Nasdaq: KVHI), announced today that TMS
Maritime Solutions, a marine services expert that provides Internet
of Things (IoT) sensors and applications to vessels, has joined the
KVH Watch
® Solution Partner program and will offer
KVH Watch connectivity to enable real-time data transfers leading
to actionable insights. KVH Watch connectivity will allow TMS’s
trained technicians to support clients remotely for preventive
maintenance and on-demand troubleshooting, rather than waiting for
vessels to come into port.
“KVH Watch is the perfect solution to connect vessels’ IoT
systems with ashore/cloud platforms and applications,” says Jesus
Rodriguez, co-founder and CTO of TMS Maritime Solutions. “It is a
dedicated, isolated, and secure way to transfer sensor and
navigational data in real time. This will allow us and fleet
managers to analyze gathered information for preventive
maintenance, vessel performance, and historical KPIs [key
performance indicators] as opportunities to lower operational
costs. With Remote Expert Intervention, we can offer real time
remote support to the vessel with immediate assistance saving time
and money.”
“We are thrilled that the experts at TMS have chosen our
connectivity solution to enhance their maritime IoT service
offering,” says Sven Brooks, senior director of IoT business
development for KVH. “The equipment manufacturers and vessel
operators that rely on TMS for insights will benefit from the
improved equipment performance and operational efficiencies that
real-time data analysis can provide.”
Prompted in part by the COVID-19 pandemic, the maritime industry
is increasingly relying on digital processes to realize operating
efficiencies; this digitalization has highlighted the need for
high-speed satellite connectivity. With limited, expensive, or slow
bandwidth, there is a missed opportunity for remote data platforms
and analytics to play a role in improving vessel performance. Fast
satellite connectivity creates the potential to enable a secure OT
(operational technology) data flow separate from the vessel’s IT
(information technology) data flow, so that all the data from
essential machinery onboard the vessel reaches the correct
shoreside experts.KVH Watch is an IoT Connectivity as a Service
solution that provides Flow, dedicated 24/7/365 machine-to-cloud
satellite connectivity for remote monitoring of onboard equipment
plus the ability to perform on-demand Remote Expert Interventions
using video, voice, or text via KVH’s global HTS network. KVH Watch
is designed for maritime equipment manufacturers, multicard service
providers, and shipyards seeking affordable monthly
subscription-based connectivity that L-band and cellular services
cannot deliver at deep sea.
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
Broadbandsm network, KVH Watch maritime IoT solutions, and
AgilePlans® Connectivity as a Service (CaaS). The company’s KVH
Media Group provides news, sports, and entertainment content with
such brands as NEWSlink™ and SPORTSlink™.
Note to Editors: For more information about KVH Watch maritime
IoT solutions, please visit kvh.com/watch. High-resolution images
of KVH products are available at the KVH Press Room Image Library,
kvh.com/Press-Room/Image-Library.
About TMS Maritime SolutionsTMS Maritime
Solutions is an innovative IoT service platform integrator
providing the maritime industry with solutions including IoT
sensors and applications, connectivity, information technology,
cybersecurity, and other fully managed solutions. TMS’s
KVH-certified Master Technicians ensure the highest quality and
knowledge for installation and management of KVH products and
solutions. The company is based in Barcelona, Spain, and brings
more than 20 years of experience in connectivity and maritime
sectors.
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.
This press release contains forward-looking
statements that involve risks and uncertainties. For example,
forward-looking statements include statements regarding the
expected competitive advantages of KVH Watch, the anticipated
strategic relationship between TMS Maritime Solutions and KVH, the
functionality, characteristics, quality, and performance of KVH’s
and TMS Maritime Solutions’ products, services, and technology, as
well as customer demand, preferences, requirements, and
expectations. Actual results could differ materially from the
forward-looking statements made in this press release. Factors that
might cause these differences include but are not limited to:
unanticipated technical and other challenges that arise during beta
testing and customer trials of the KVH Watch service; unanticipated
technical, legal, and regulatory delays with the launch of the new
services; delays in the receipt of anticipated orders for our KVH
Watch service, or the potential failure of such orders to occur at
all; potential future decisions by TMS Maritime Solutions to
terminate or otherwise not expand orders for the KVH Watch service;
customer response to KVH Watch; potential changes in market trends,
competition and other developments affecting the buying patterns of
end-users of maritime IoT solutions; and potential unforeseen costs
or expenses of providing the products and services included in KVH
Watch subscriptions. These and other factors are discussed in more
detail in KVH’s Form 10-Q filed with the SEC on October 29, 2020.
Copies are available through its Investor Relations department and
website, https://ir.kvh.com. KVH does not assume any obligation to
update forward-looking statements to reflect new information and
developments.
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, KVH Watch, TracPhone, TracVision, mini-VSAT
Broadband, AgilePlans, NEWSlink, and SPORTSlink. All other
trademarks are the property of their respective companies.
For
further information,
please contact:Jill ConnorsSr. Manager,
Media & Industry Analyst RelationsKVH Industries, Inc.Tel: +1
401 851 3824jconnors@kvh.com
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