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Trillium Launches SecureSKYE, a Paradigm Shift for Auto Insurance Tech

Trillium Launches SecureSKYE, a Paradigm Shift for Auto Insurance Tech
Transforms industry from 'passive safety net' to 'proactive life saver'

 

PR-Inside.com: 2017-07-29 08:53:45
LAS VEGAS, NV, July 26, 2017 - (ACN Newswire) - Trillium Inc, a leading provider of automotive IoT cybersecurity solutions, announced the launch of SecureSKYE, a data mining and analytics solution for the transportation industry, and enabler for monetization of data-driven innovations and applications for the insurance industry.


SecureSKYE creates a comprehensive, dynamically updated profile of the car and its driver. By utilizing the platform's data-mining and analytics capabilities, 'safety-and-security' applications and services such as geolocation-based emergency services, insurance tech solutions including 'Usage-Based Insurance,' 'CyberSecurity-as-a-Service,' 'Forensics-as-a-Service' and even preemptive vehicle maintenance are made possible.

"In-vehicle telematic control units are not new. However, the cybersecure, mass collection of such telling data on so large a scale represents a golden opportunity for insurers, traditional security and cybersecurity service providers, automotive manufacturers and wireless carriers," says Trillium CEO David M. Uze.

SecureSKYE opens the door for insurers to tap a new and lucrative revenue pool through enabling a vast market for the profitable underwriting of autonomous vehicle and connected car insurance policies, as well as the roll-out of new fee-based services and applications.

"We are now at the cusp of realizing the extraordinary benefits of IoT. Car insurance will be transformed from a 'passive financial safety net' to a 'proactive life saver.' It's a 'win-win-win' for insurers, auto manufacturers and vehicle owners, and positions Trillium as the backbone to provide the protection required in an autonomously driven world," says Mr. Uze.

SecureSKYE is available for implementation in either blockchain or cloud-based formats, and analytic outputs are customizable to meet the precise requirements of our customers' service applications. SecureSKYE manages all data with top priority on ensuring privacy and confidentiality of user information. Trillium has delivered SecureSKYE to a Japanese OEM customer.

Meet Trillium at Black Hat, the world's leading information security event. Black Hat USA 2017 kicks off with four days of technical training followed by the two-day main conference, July 26-27, at the Mandalay Bay in Las Vegas, Nevada.

About Trillium

Trillium Inc was founded in 2014 by a team of executives and engineers from Japan, Europe and the U.S. with extensive experience in automotive networking, cybersecurity, embedded systems and IoT. Trillium provides a multilayered suite of cybersecurity tools - SecureCAR, SecureIXS, and SecureOTA - and data-mining capabilities to protect automobiles and IoT connected devices around the globe from cyber-attacks. Trillium is backed by lead investor Global Brain, a Tokyo-based venture capitalist.

For further details, visit: www.trillium.co.jp.

For questions and to arrange executive interviews, contact: pr@trillium.co.jp.

Press Information
Trillium Inc.
TOKYO, JAPAN

Adrian Sossna
Business Development
+81-3-6459-3132
email
www.trillium.co.jp


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