- Direct Communication (DCSI) has launched MiEbike, a cloud-based asset tracking IoT solution for the E-bike market
- MiEbike is a mobile app that fully integrates into DCS’ MiFleet cloud-based platform
- The app tracks E-bikes in real-time and provides valuable location data in the event of theft
- Direct Communication is a leading provider of information technology solutions for the Internet of Things (IoT) market
- Direct Communication Solutions (DCSI) closed up by 0.77 per cent trading at $1.31 per share
Direct Communication (DCSI) has launched the MiEbike app.
MiEbike is a mobile app that functions as a cloud-based asset tracking solution for the E-bike market.
The app fully integrates into DCS’ MiFleet cloud-based platform and tracks E-bikes in real-time, providing valuable location data in the event of theft.
According to market reports, the global E-bike market is expected to grow from $40B in 2022 to $92B in 2029 with a 12.6 per cent CAGR.
A bicycle is stolen every 30 seconds in the U.S., averaging 2 million per year, with a negative financial impact of $350M per year.
The chance of an E-bike being stolen in three times higher with a 3.8-per-cent probability per year.
Chris Bursey, CEO of DCS, commented on the news:
“MiEbike is a mobile app that provides location, alerts, notifications, geozones and location sharing of your E-bike in the event it is stolen. The rugged LTE and GPS tracking device will track for 30 days at 5-second reporting for near real-time tracking.”
Users can purchase MiEbike as an annual or month-to-month subscription plan.
Direct Communication is a leading provider of information technology solutions for the Internet of Things (IoT) market.
Direct Communication Solutions (DCSI) closed up by 0.77 per cent trading at $1.31 per share.
