Octo Telematics commonly known as OCTO, is a privately held company that specializes in insurance telematics, fleet telematics and IoT analytics. Founded in Italy in 2002, OCTO is most known for providing telematics to the insurance industry for the risk profiling of policy holders. For auto insurance, this is commonly known as Usage-based insurance (UBI) or pay-as-you-drive. Today, the company is one of the largest telematics and data analytics service provider for the car insurance industry. With their advanced analytical services, OCTO also serves the fleet management industry and provides IoT driven solutions to a number of other markets.
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