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For one thing, regulators are starting to push back against "black box" technologies.
XYDO, which was co-founded by Eric Roach (who founded Lombard Brokerage and was previously CEO of Elance.com) and Cameron Brain (founder of ProDeal and Open Box Technologies), is currently processing more than 1.1M Twitter and Facebook user feeds in realtime and has more than 1M contributors curating articles each day.
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"Also, it's not true when insurers say black box technology can improve overall driver behaviour.
But Brian MacDowall, spokesman for the Association for British Drivers, said some drivers who plump for black box technology could face higher costs.
"The problem is that nothing moves fast in the airline industry, which has also never exactly seen black box technology as a revenue-generator".
In 2006 Norwich Union, now Aviva, launched two policies using black box technology, but they were withdrawn within two years because of low take-up.
But in general, for young drivers and women, black box technology will be the key factor in obtaining lower premiums in the future".
EVERYONE is familiar with the "black box" technology tucked away inside aircraft and often dramatically retrieved from the wreckage of an airplane.
Providers of set-top box technology are adding text-messaging capabilities to their products.The success of TV-related texting is a reminder of how easily an elaborate technology can be unexpectedly overtaken by a simpler, lower-tech approach.
It would have allowed the firm to create a kind of European Sky, with BSkyB, Sky Deutschland and Sky Italia sharing set-top box technology and bidding collectively for sport and movies.
Jacob Hsu, chief executive of Symbio, a contract engineering firm that does work for consumer electronics companies, said there was rising interest in set-top box technology among the traditional computing players.
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