AMARO, Italy and MILAN, June 6,
2011 /PRNewswire/ -- Eurotech and Mondialpol Service today
announced the finalisation of an agreement for the real-time
monitoring of deliveries and withdrawals of cash via cloud
computing thanks to "Cloud Ready" mobile devices from Eurotech. The
agreement will allow to significantly improve the service level
provided to the Intesa Sanpaolo Group, making cash transport and
counting more efficient and increasing security standards, and this
demonstrates the strong innovation spirit of this banking
Group.
(Logo: http://photos.prnewswire.com/prnh/20090226/PH75840LOGO
)
This is the first security application in Italy to use this technology, and Eurotech's
partnership with the Mondialpol group is intended to transform the
cash transport sector, which until now has been managed in the
traditional way. Another innovating element is the
"Device-as-a-Service" (DaaS) supply model, which will enable
Mondialpol to purchase the Eurotech solution by paying a monthly
fee for a period of three years for each device that will be put
into service during 2011.
The solution consists of providing the crews of the armoured
trucks of all the 130 cash transport companies involved in the
contract with a portable Eurotech HRC4200 device, which enables the
barcodes on the money bundles to be read at the moment of delivery,
identifying the time, type of operation (withdrawal/delivery), the
branch at which the operation is taking place, the GPS position
that can be viewed on a map, and the security guard and the contact
person at the bank conducting the operation, with an option for the
bank contact person to digitally sign directly on the Eurotech
device.
Thanks to Eurotech's "Device-to-Cloud" technology, value-added
data generated in a distributed way by all the different portable
devices is collected and conveyed securely in real time to the
Cloud infrastructure. In Cloud there is a controlled access to
data, enabling everyone to see or manage the data for which they
are responsible; and data of interest can then be downloaded from
the Cloud to Mondialpol Service's management system, so that it can
be integrated with the information produced by the rest of the
process.
"We chose Eurotech's Device-to-Cloud technology for its capacity
to manage data directly in cloud computing, given that we expect
between 12,000 and 15,000 bundles a day to be exchanged with Intesa
Sanpaolo. We calculated that we conducted around 900,000 transport
operations last year, and when we saw these numbers, we immediately
became concerned about how to manage such a quantity of data
without our system feeling the effects," explained Fabio Mura, Chief Executive Officer and
Executive Chairman of Mondialpol Service S.p.A.. "Now that we want
to electronically certify deliveries in order to monitor service
levels in real time, and are planning to manage service billing
more automatically, we are counting on Eurotech to provide data
transmission, collection and management capacities, key factors in
enabling all the functions that we need".
"This agreement shows Eurotech's capability to anticipate the
needs of the market with technology that is always cutting edge,
and demonstrates how it can be applied in a wide variety of
sectors. Our Device Data Management via Cloud solution enables us
to relieve companies of the need to manage and protect with their
own IT infrastructure growing quantities of heterogeneous data
arriving from devices spread in different geographical locations,
and the Device-as-a-Service supply model relieves them of the
burden of the initial investment, which often slows companies'
adoption of new technologies," added Roberto Siagri, CEO and
Chairman of Eurotech.
NB:although the contract is worth less than euro 1 million a year, the agreement in itself is
important for the company, in that it shows the development of a
technology with potential application in different sectors, which
could subsequently lead to further volume orders. In this case,
Eurotech reasserts its commitment to promptly inform the
market.
THE EUROTECH GROUP
Eurotech (ETH.MI) is a global company that integrates hardware,
software and expertise in applications to provide embedded
computing platforms and sub-systems to OEMs, system integrators and
leading corporate customers, to enable them to effectively and
efficiently deploy their products and services. Drawing on the
concept of "minimalist computing", Eurotech lowers power
consumption, minimises physical size and reduces coding complexity
to bring embedded platforms, sub-systems, ready-to-use devices and
high-performance computers to market, specialising in the defence,
transport, logistics, industrial and medical segments. By combining
specific expertise in wireless connectivity as well as
communications protocols, Eurotech architects integrated solutions
that simplify data capture, processing and transfer over global
communications networks. Our customers rely on us to simplify their
access to cutting-edge embedded technologies so they can focus on
their core competencies. For more information on Eurotech, visit
the website www.eurotech.com.
THE MONDIALPOL GROUP
Mondialpol Service S.p.A. is the network company of the
Mondialpol group, which has operated in the security sector since
1927, specifically in the provision of surveillance, cash transport
and cash counting services for banks and large commercial groups.
It is a leading player in its sector, comprises 15 companies and
numbers around 1,500 employees. For more information on Mondialpol,
visit the website www.mondialpol.it.
SOURCE Eurotech