It is no news that Malta has been used by many big companies as a test bed for their product, service or technology. Apart from the skills and resources required, Malta offers the right environment and the right infrastructure to design, test and develop new technologies such as IoT (Internet of Things).
This is why HandsOn Systems believes that Malta can help the company to develop and lead in the IoT wave. Talking about waves, Malta is a small island surrounded by the sea. It is however very densely populated thus creating the right number of challenges and opportunities which are typically found in big cities like London, Paris, Milan and Tokyo. Getting any technology to work in Malta means that it will probably work anywhere. This makes Malta the perfect testing ground for new technologies. This means heaven for innovators, entrepreneurs and big companies who want to conduct their testing in a controlled yet accessible environment.
Malta, a small island in the mediterranean, is not only the best place to develop technology but it is also very attractive when it comes to test new concepts and business models. The consumer market, like in various parts of Europe, can be very receptive and willing to try new products and services. In 2015, HandsOn Systems together with Mapfre Middlesea, pioneered a new insurance concept. Often referred as Usage Based Insurance, Motormax was launched with quite a resounding success. Using the HandsOn’s Aktuaris platform, Mapfre Middlesea wanted to provide young drivers with affordable insurance. For the first time in Malta, young drivers could pay a higher or lower price according to the way they drive. To read more about this product launch visit the website below.
https://www.middlesea.com/insurance-mt/news-board/news-2015/launch-motormax-app.jsp
Ultimately, HandsOn’s plan is to turn Malta into one big smart city whereby everything and everywhere is connected in harmony thus creating a one truly connected city. With the help of government and big telecom operators, HandsOn can transform Malta into a smarter and more efficient eco system of people, devices, sensors and other things which matter to us.