SensorLogic (News - Alert), a provider of cloud-based platforms for deployment of machine-to-machine (M2M) applications, has just released version 3.4 of its SensorLogic service delivery platform.

The features in the new release are expected to enhance support for the development of wireless applications such as insurance telematics, smart package tracking, security, and asset monitoring and management.

Some of the new capabilities offered by the platform include the integration with GSM wireless provisioning systems, trip, route, geofence and shipment services, hybrid location services and support for advanced tracking and monitoring devices.

“SensorLogic is helping proliferate this next generation of M2M by providing the infrastructure that every application needs as an easy-to-use, cloud-based web service,” said Paul Henderson, vice president of marketing and product management for SensorLogic, in a statement.

“Our latest Version 3.4 continues to expand our platform with customer-driven features that help companies lower cost of ownership and improve time-to-market for future-proofed M2M applications that will grow with their businesses,” Henderson added.

SensorLogic is tapping a big market opportunity in the M2M space. Currently, intelligent devices are increasingly connected to improve the efficiency of services. Enterprises, OEMs and network operators are hungry for applications that can deliver valuable managed services to their customers.

The M2M services include open device communications and protocol translation, device data storage and management, configurable business rules and complex event processing, location-based services with geospatial triggers, alerts and notifications, secure device group management, data warehousing and reporting.

Recently, SensorLogic raised $5 million in additional funding. Funds came from existing investors and it will be used to fund sales and marketing activities, as well as to increase the size of the delivery and operations teams.

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