Concirrus
Overview
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HQ Location
United Kingdom
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Year Founded
2012
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Company Type
Private
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Revenue
< $10m
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Employees
11 - 50
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Website
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Twitter Handle
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Company Description
Concirrus makes it easy to build and run Internet of Things applications, connecting businesses to a new way of working – better information, faster decisions, more profit. Concirrus provides a platform for customers to organise the Internet of Things to improve, disrupt and create businesses and business processes. Concirrus’ customers benefit from a full-service, one-stop-shop approach and a proven formula of connecting things to their business in one simple contract.
IoT Snapshot
Concirrus is a provider of Industrial IoT platform as a service (paas), and analytics and modeling technologies, and also active in the automotive, finance and insurance, and marine and shipping industries.
Technology Stack
Concirrus’s Technology Stack maps Concirrus’s participation in the platform as a service (paas), and analytics and modeling IoT Technology stack.
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Devices Layer
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Edge Layer
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Cloud Layer
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Application Layer
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Supporting Technologies
Technological Capability:
None
Minor
Moderate
Strong
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Case Studies.
Case Study
Increased visibility of automotive risk results in business growth
Acorn Insurance, operating in a highly competitive market, was grappling with continuously squeezed margins. The company was in search of a method to enhance their current premium pricing techniques to deliver fair pricing for traditionally high-risk clients. One of their clients, rentE, an on-demand car hire service, was categorized as high-risk by insurers and was thus restricted by high insurance premiums. Given rentE’s innovative business model, it was clear that more accurate risk insights were needed to obtain a fair premium.
Case Study
Enhancing Risk Mitigation in Marine Insurance with Quest Marine
The commercial marine insurance industry is highly competitive, with costs reaching an all-time high. A large commercial marine insurer was seeking ways to improve efficiency through advanced analysis of their portfolio. The insurer was struggling with gaining a clear visibility of vessel behavior, identifying opportunities to grow their business, and mitigating their marine risk exposure. The challenge was to find a solution that could provide a comprehensive analysis of their portfolio, combining policy, claims, and exposure data, and offer actionable insights to enhance risk mitigation.
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