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Targa Telematics Recognized with Frost & Sullivan’s 2024 European Customer Value Leadership Award for Its Pioneering Role in Telematics Insurance Solutions

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Targa Telematics delivers cutting-edge technology and tailored insurance solutions to its clients, setting a new benchmark in the industry and generating substantial insurance cost savings.

SAN ANTONIO, July 10, 2024 /PRNewswire/ — Frost & Sullivan recently researched the telematics insurance industry and, based on its findings, recognizes Targa Telematics with the 2024 European Enabling Technology Leadership Award. Targa is a leading innovative solution provider that enhances driving behavior analysis, risk assessment, and insurance personalization for short- and long-term rental companies, leasing and insurance operators, and large fleet managers.

Targa’s state-of-the-art technology platform and deep industry knowledge help European insurers stay ahead of the curve by offering comprehensive solutions that encompass hardware, software, and data analytics. The company’s telematics platform provides real-time data on driving behavior, vehicle usage, and environmental conditions, enabling insurers to develop more accurate risk profiles and tailor their policies to individual drivers. By integrating advanced machine learning algorithms and artificial intelligence, the company delivers highly personalized and efficient insurance products that meet the evolving needs of its clients.

A dedication to insurtech innovation and customer-centric solutions is reflected in Targa’s collaborative approach with clients. The company works intimately with insurers to understand their unique challenges and develop tailor-made solutions that cater to their needs. With this collaborative approach, Targa has successfully implemented numerous telematics insurance programs across Europe, providing significant value to insurers and policyholders, reducing accidents, and dramatically lowering costs.

“Moreover, the growing adoption of connected vehicles, coupled with advancements in in-car services, data generation, and safety awareness, has led to increased demand for tailored insurance solutions in Europe. Targa’s expertise in technology and understanding of regional needs positions the company as a valuable partner for insurers seeking to implement successful telematics insurance programs,” said Parduman Satpal, Senior Research Analyst – Mobility Media at Frost & Sullivan.

Targa is positioned at the forefront of this shift, providing insurers with the tools to develop and deploy effective insurtech programs. Moreover, the company enables insurers to enhance risk assessment processes, provide more accurate assessments, and improve customer satisfaction.

With the ability to adapt to regional needs and regulatory environments, Targa has further solidified its position as a leader in the industry. A deep understanding of local markets allows the company to create highly relevant solutions for European markets, such as Spain, France, Belgium, Poland, and Italy. This localized approach ensures that Targa’s clients can meet the ever-evolving needs of their customers while complying with regional regulations and standards.

“[Targa] commands over 35% market share for installed insurance telematics devices across Europe; its diverse range of products tailored to different consumer segments positions it as a comprehensive solution provider for all telematics-related insurance needs,” noted Samantha Fisher, Best Practices Research Analyst.

Each year, Frost & Sullivan presents this award to a company that develops a pioneering technology that enhances current products and enables new product and application development. The award recognizes the high market acceptance potential of the recipient’s technology.

Nicola De Mattia, CEO of Targa Telematics, remarked: “Targa Telematics offers a range of products for the insurance market, enabling the development of detailed and reliable profiles, as well as optimal risk management, both for private and corporate clients and for insurance companies. This award highlights the value that Targa Telematics brings to the insurance market, thanks to its constant drive for digital innovation and its deep understanding of both industry dynamics and the specific needs of insurance clients. A solid positioning recognized internationally, further strengthened by the acquisition of the Viasat Group and Drive-IT”

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Tarini Singh
P: +91- 9953764546
E: Tarini.Singh@frost.com 

About Targa Telematics
Targa Telematics is one of the leading global players in the field of IoT and in the development of digital solutions and platforms for connected mobility.

With over 20 years’ experience in connected vehicles, it provides technological solutions in telematics, smart mobility and digital IoT platforms for mobility operators. The company targets short- and long-term tenants, large financiers and large fleets, with a range of services from insurance telematics to asset and fleet management, remote diagnostics and telemetry for vehicles, professional and construction site vehicles, as well as airport service vehicle management.

With the acquisition of the Viasat Group in 2023, Targa Telematics has strengthened its presence in European markets, with a strong presence in Italy, England, France, Spain, Portugal, Belgium, Poland and Romania, as well as in Chile, with the capacity to operate within international projects with fully dedicated local teams.

Targa Telematics is a participant in the United Nations Global Compact and shares its principles based on a responsible business approach.

www.targatelematics.com 

TARGA TELEMATICS   
Elena Bellini, Head of Marketing, Cell. 39 335 135 1277 elena.bellini@targatelematics.com   
Susanne Furini, Communication Manager, Cell. +39 345 7274925 susanne.furini@targatelematics.com   

Barabino & Partners 
Camilla Giacomelli, Tel. 0044 (0)7570 561 249 c.giacomelli@barabino.co.uk 

 

SOURCE Frost & Sullivan

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Innoscience’s current products are not affected by both rulings of the Munich Regional Court

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MUNICH, June 18, 2026 /PRNewswire/ — Innoscience today announced that the Munich Regional Court has just issued a pair of rulings, from which it could be confirmed that Innoscience’s currently marketed gallium nitride (“GaN”) power device products fall outside the scope of Infineon’s asserted German patents and may be commercialized in Germany without restriction.

These rulings are fully consistent with the final determination issued last month by the U.S. International Trade Commission (“ITC”), which found that Innoscience’s current products do not infringe Infineon’s asserted U.S. patent relating to packaging design (U.S. Patent No. 9,899,481). The Munich case concerns the German counterparts of that same patent family. In line with the ITC’s findings, the Munich Court found infringement only with respect to a limited set of legacy products—certain packaged 650–700V transistors—that had already been discontinued. Therefore, any injunction granted would not apply to Innoscience’s current product portfolio. As a result, there is no impact on Innoscience’s ongoing operations or its customers’ use of its products in Germany.

The decisions mark another significant milestone in Innoscience’s string of favorable outcomes across major jurisdictions. They follow the company’s recent success in China, where it secured an injunction and damages award against Infineon, as well as its decisive victory at the ITC in the United States last month. Together, these rulings reaffirm the legality of Innoscience’s current product portfolio and its ability to operate freely in key global markets.

While proceedings in Germany remain ongoing, including Innoscience’s invalidity challenges to the asserted German patent, the growing body of decisions across China, the United States, and Germany underscores that the global litigation campaign initiated by Infineon has not altered the competitive position of Innoscience’s core products. To the contrary, independent judicial findings across multiple jurisdictions have consistently validated the robustness of Innoscience’s technology and reinforced market confidence in the company’s product compliance and innovation capabilities.

Innoscience remains committed to advancing its technology leadership and expanding its global footprint, delivering cutting-edge GaN solutions to customers worldwide in a fair and competitive marketplace.

View original content:https://www.prnewswire.com/news-releases/innosciences-current-products-are-not-affected-by-both-rulings-of-the-munich-regional-court-302805093.html

SOURCE InnoScience

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NetZoom Announces Data Center Infrastructure Management Solution for Higher Education Institutions

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NetZoom® is a robust DCIM for managing College and University data centers, campus infrastructure and smart classrooms

CHICAGO, June 18, 2026 /PRNewswire-PRWeb/ — NetZoom offers an intuitive Data Center Infrastructure Management (DCIM) solution designed to help colleges and universities document, visualize, and manage the infrastructure supporting campus IT services, research computing, smart classrooms, and distributed data center environments.

NetZoom helps colleges and universities establish a reliable source of truth, improve operational planning, and support critical infrastructure without adding unnecessary burden to IT and facilities teams.

Higher education institutions often manage infrastructure spread across data centers, MDF/IDF closets, labs, classrooms, and multiple campus locations while supporting digital learning, campus connectivity, research workloads, and administrative systems. These environments require accurate asset management, reliable connectivity documentation, capacity planning, and operational visibility across IT and facilities.

Common infrastructure management challenges in higher education include:

Lack of a single source of truth for asset managementDistributed assets across the entire campusLimited space, power, cooling, and budget resources as digital learning, research computing, and campus IT services continue to expandMaintaining uptime and resiliency for critical academic, research, and administrative systems

“Higher education institutions are managing increasingly complex data center environments that support students, faculty, research, and campus-wide digital services,” said Uriel Campos, General Manager at NetZoom, Inc. “To manage these environments effectively, teams need clear visibility into their assets, connectivity, capacity, power, and cooling. NetZoom helps colleges and universities establish a reliable source of truth, improve operational planning, and support critical infrastructure without adding unnecessary burden to IT and facilities teams.”

NetZoom also supports IT and facilities teams by centralizing asset, connectivity, capacity, power, cooling, and change management data in a visual DCIM platform. By bringing these functions together, institutions can improve resource planning, reduce reliance on manual tracking, identify capacity constraints, and better understand the impact of infrastructure changes.

NetZoom’s DCIM solution offers significant benefits to higher education institutions including:

Campus-wide infrastructure visibility: Helps IT and facilities teams maintain a centralized view of assets across data centers, MDF/IDF closets, labs, classrooms, and distributed campus locations.Improved planning for space, power, and cooling: Provides visibility into capacity utilization so institutions can better support growing digital learning, research computing, and administrative systems.Reduced reliance on manual tracking: Centralizes asset, connectivity, capacity, and change management data to help reduce spreadsheet dependency, duplicate records, and inconsistent documentation.Operational support for limited IT resources: Helps streamline day-to-day infrastructure management, giving campus teams better access to the information needed to plan changes, troubleshoot issues, and manage equipment lifecycles.Scalable support for evolving campus technology: Allows institutions to start with core DCIM functions and expand into areas such as monitoring, reporting, service management, integrations, and advanced capacity planning as their needs grow.

Availability

NetZoom DCIM for Higher Education is immediately available in both SaaS and On-Premises deployments. For demonstrations, POCs, pricing and deployment options, contact NetZoom at 630-281-6464, email Sales@NetZoom.com or visit NetZoom.com

About NetZoom

Founded in 1995, NetZoom, Inc. is an Illinois corporation with headquarters in the Chicago area. NetZoom offers a flexible and powerful application that integrates with on-premise, virtual and cloud resources and many third-party tools like ServiceNow® to create a complete DCIM solution for data center professionals worldwide to effectively model, manage, monitor and maximize IT and Facility infrastructure.

For more information, visit NetZoom.com

NetZoom is a registered trademark of NetZoom, Inc. All other marks and names are trademarks of their respective companies.

Media Contact

Marketing Department, NetZoom, Inc., 1 630-281-6464, Marketing@NetZoom.com, https://NetZoom.com

View original content to download multimedia:https://www.prweb.com/releases/netzoom-announces-data-center-infrastructure-management-solution-for-higher-education-institutions-302804934.html

SOURCE NetZoom, Inc.

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NOVVA Group acquires 120 MWp Philippines solar project, anchoring its AI-era power platform in Southeast Asia

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HONG KONG, June 19, 2026 /PRNewswire/ — NOVVA Group (“Novva”), a global AI-enabling energy infrastructure platform, announced today that it has signed a definitive agreement to acquire 100% of San Jose Solar Power Plant (“SJSP”), a utility-scale solar PV project in Bukidnon, Mindanao, from Mabuhay Power Holdings Corporation. The acquisition marks Novva’s first investment in the Philippines and a critical milestone in its strategy to build a scalable, bankable power platform across Southeast Asia.

SJSP is a 120 MWp greenfield solar project located in Barangay San Jose, in the Municipality of Quezon, Bukidnon. Once operational, it is expected to generate over 200 GWh of clean electricity per year. Construction is scheduled to begin in Q1 2027, with commercial operation targeted for 2028.

The transaction comes amid an unprecedented surge in Asian power demand, driven by the rapid expansion of artificial intelligence, cloud computing, and digital infrastructure. With energy availability emerging as the primary constraint on sustained economic growth, resilient power infrastructure has become vital. The project also advances the Philippines’ goal of a 35% renewable energy share by 2030, channelling clean capacity into one of Southeast Asia’s fastest-growing digital economies.

Steven Liu, Founder and CEO of Novva, said: “Power availability has become one of the defining constraints on future growth. With SJSP, we are securing the strategic infrastructure needed to support the next wave of industrial and digital development. By combining disciplined execution with long-term partnerships, Novva is building a reliable clean energy foundation to power the future of Southeast Asia.”

SJSP will integrate directly into Novva’s regional platform, which combines renewable generation, flexible power solutions, energy storage, grid connectivity and infrastructure financing capabilities. Novva remains committed to scaling clean energy capacity to sustain the next generation of hyperscale data centres and digital economies.

About Novva
Novva (NOVVA Group Pte. Ltd.) is a global AI-enabling energy infrastructure platform that originates, finances, builds, and operates bankable clean energy assets across Southeast Asia and Latin America. As digital transformation drives an unprecedented increase in global electricity demand, Novva scales its clean power capabilities to build the reliable energy foundation for the AI era and beyond.
www.novvaglobal.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/novva-group-acquires-120-mwp-philippines-solar-project-anchoring-its-ai-era-power-platform-in-southeast-asia-302805075.html

SOURCE NOVVA Group

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