Octo Telematics Ltd. Was founded in 2002 by Fabio Sbianchi, who is now CEO.  Octo is a telematics company That Provides tailored solutions for the insurance and automotive industries  by collecting contextual vehicle, location and crash data, as well as driver behavior information to media usage-based insurance (UBI) policies – Also Known As pay-as-you-drive.
In May 2015 it moved its headquarters to London. The company has offices in Boston, Rome, Stuttgart, Madrid, and Sao Paulo.  Globally, they currently have four million connected users. 
October, 2008, pp. 5-7. For validation of their products and services, they work with research institutes like Ohio State University’s Center for Automotive Research (CAR). 
The information that insurers receive from their telematics devices changes the way coverage is priced with policies.  The technology is also used to detect fraud, by giving insurers a complete understanding of a crash. If the devices detect a G-force above a certain level, they can automatically trigger a call to check if the driver and any passengers are unharmed, or alert emergency services if needed. 
The Octo U is a smartphone app , it uses GPS and smartphone sensors to track how safely a car is driven. 
Octo’s Link Connections October U to insurers, enabling drivers to share their driving record with insurers for quotation. 
- Hastings Direct
- General Motors
- At the Mugello GP in 2015, Octo Telematics became the sponsor of Pramac Racing , renaming the two Ducati team to Octo Pramac Racing. 
- Oct telematics became title sponsor on the British round of the MotoGP in 2015. 
- Jump up^ “About | OctoTelematics” . Octotelematics.com . Retrieved 2016-12-08 .
- Jump up^ “Log In – New York Times” . Nytimes.com . Retrieved 2016-12-08 .
- Jump up^ “Home | OctoTelematics” . Octotelematics.com . Retrieved 2016-12-08 .
- Jump up^ “Telematics Announces Milestone of Four Million Worldwide Connected Users – Yahoo Finance” . Finance.yahoo.com . Retrieved 2016-12-08 .
- Jump up^ “Octo Telematics Partners with The Ohio State University Center for Automotive Research” . News.yahoo.com . Retrieved 2016-12-08 .
- Jump up^ “Insurers test the limits of telematics’ big data” . Ft.com . Retrieved 2016-12-08 .
- Jump up^ “Crash test: The tech driving down car insurance fraud – BBC News” . bbc.co.uk . Retrieved 2016-12-08 .
- Jump up^ “U UU uses GPS to track how safe you actually drive” Daily Mail Online ” . Dailymail.co.uk . Retrieved 2016-12-08 .
- Jump up^ “Insiders to ‘bid’ for the best drivers based on telematics scores” . Telegraph.co.uk . Retrieved 2016-12-08 .
- Jump up^ “Ducati – Racing – Octo Pramac Racing MotoGP” . Ducati.com . Retrieved 2016-12-08 .
- Jump up^ Dorna Sports. “Octo Telematics: New Title Sponsor for British MotoGP ™ round” . Motogp.com . Retrieved 2016-12-08 .