About Teletrac Navman
Teletrac Navman is a global, market leading software-as-a-service (SaaS) provider leveraging AI and machine learning to drive next generation mobile asset and fleet management. Powered by AI to turn real-time data into decisions, Teletrac Navman’s specialised solutions deliver businesses with simplified, smart, predictive and actionable insights to help enhance productivity and profitability.
Teletrac Navman’s fleet and asset management technology uncovers and simplifies information that would otherwise go unseen, helping customers reduce risk and confidently move their business forward with certainty. It tracks and manages vehicles and assets for more than 40,000 companies around the world.
Teletrac Navman recharges the market with new EV product
Teletrac Navman has added a new web-based automated AI tool to its suite of software solutions, aimed at supporting fleet operators with the move over to electric vehicles.
With fleets wanting to adopt cleaner vehicles to reduce their carbon footprint and the government mandating that the sale of new petrol and diesel engine vehicles will cease by 2030, the onus is now on OEMs and operators to find the most effective way to transition fleets into the world of electric.
The EV Readiness Tool integrates seamlessly with Teletrac Navman’s advanced fleet management and tracking platforms and analyses all telematics data to provide operators with detailed recommendations of where electric vehicles could be adopted into their operation.
Moreover, the smart algorithms behind the EV Readiness Tool not only tell you the feasibility of switching, they also calculate the total cost of ownership of an EV switch versus the existing fleet (purchase price, residual value, taxes, insurance, maintenance, electricity costs), as well as the total CO2 and fuel savings the business would make.
To make it even simpler for fleet operators, the EV Readiness Tool will even recommend the ideal EV vehicles to switch to and advise on how many and what type of chargers are required to run those vehicles. It can also calculate the cost of the chargers, as well as where they should be located to ensure no loss of battery based on the trips being undertaken.
The EV Readiness Tool uses the power of AI together with historical telematics data to provide a meaningful evaluation for fleet operators. The platform analyses everything, from the average number of trips overall and per vehicle, the distance, regularity, usage times, usage patterns, and time spent moving versus idle.
For more information on the EV Readiness Tool, click here
Teletrac Navman Launches Next Generation AI-Based Telematics Platform – TN360
The Solution Uses the Power of Artificial Intelligence to Revolutionise the Mobile Asset and Fleet Management Market
In August 2020, Teletrac Navman launched its next generation solution, TN360. Powered by artificial intelligence (AI), TN360 delivers telematics functionalities in real-time, providing businesses with simplified, smart, predictive and actionable insights.
Traditional telematics systems rely mostly on GPS and motion sensors as they collect a narrow set of data-points, centered on location, diagnostics and routing. These systems process linear calculations and produce important but limited feedback. TN360 uses a scalable cloud ecosystem that connects data from sensors, cameras, mobile and third-party applications in real-time and translates raw signals into context.
Telematics platforms of previous generations – designed to eliminate paper-based reporting and processes – required users to spend an excessive amount of time analysing digital reports to identify opportunities for improvement. However, through AI, TN360 removes that analysis period for its users. It allows managers to take corrective action as soon as impactful outliers occur. The platform enables business operations to recognise patterns of efficiency to highlight opportunities in areas like route planning, logistic workflows, maintenance, driver behavior, compliance and fuel management. It also has the ability to integrate with cameras, to give fleets the complete picture. Users can also quickly receive business intelligence metrics simply by asking a question of TN360’s smart AI engine with voice-command technology – eliminating the challenge of traditional data analytics.
Teletrac Navman’s next generation TN360 solution marks the next phase of digital transformation in the mobile asset and fleet management market. It serves as a nexus for data collection across all integrated systems such as engine information, driver behaviour, camera and temperature sensors, as well as information connected via third party systems. Powered by AI, TN360 collects this information, constantly processing the ever-changing landscape and predicting critical insights to make an immediate impact on safety, compliance and efficiency.