PowerFleet, MiX Telematics merger varieties one of many largest international fleet administration firms

00:00 Right now’s CCJ Tech Shorts will tackle a merger that may type one of many largest international fleet administration firms, climate hazard alerts, know-how for mixed-fuel fleet administration and extra.

00:23 Cellular asset Web of Issues Software program-as-a-Service suppliers PowerFleet Inc. and MiX Telematics Restricted plan to merge in a deal that may type one of many largest international fleet administration firms. The transaction is about to shut in Q1 2024.

Mixed, the 2 firms, which share $279 million in income and 1.7 million subscribers, might be branded as Powerfleet.

Powerfleet CEO Steve Towe, who will stay in his present function, stated this merger will give the mixed firm the power to promote additive and accelerated AI and data-powered software program options.

Towe stated, “This mix is predicted to attain a lot of strategic targets, together with unlocking robust incremental worth creation alternatives; a refinanced steadiness sheet for the mixed firm that may present extra flexibility to execute our strategic progress initiatives; and the power to retain and appeal to an expanded portfolio of shareholders.”

01:27 Teletrac Navman, the related mobility platform for industries that handle automobile and tools belongings, has unveiled the latest replace to its AI-based built-in answer TN360 Transport.

The platform, which gives an array of options designed to streamline operations, improve security, guarantee compliance requirements, and drive sustainability for fleet operations, now caters to the elevated demand from operators to handle mixed-fuel fleets.

Teletrac Navman’s President (Alain Samaha) stated “Transportation fleet operators are going through elevated complexities as they remodel their fleets right into a mixed-fuel and power operation, whereas additionally tasked with enhancing security, productiveness, and compliance. Our mission is to simplify that complexity and allow clients to deal with their operation and maximize their backside line. Via this TN360 launch, fleet managers may have consolidated visibility and insights of their fleets with an built-in view of their operation, empowering them to develop their enterprise.”

TN360 Transport is designed to boost effectivity, scale back emissions, and promote sustainability in mixed-fuel fleets. The answer integrates conventional fleet necessities with rising gas varieties like Electrical Automobiles (EV) leading to each environmental and operational advantages. Options embrace power consumption monitoring, real-time alerts, and state-of-charge monitoring for EVs, making certain sustainable planning and operations.

02:58 Video telematics supplier Lytx Inc. has launched Climate Hazard Alerts, obtainable to all purchasers as a undertaking throughout the Lytx Lab tab of their accounts. This new AI-powered geospatial know-how, constructed on the Lytx Imaginative and prescient Platform, was developed inside Lytx Lab, an concept incubator and a manner for Lytx engineers and security specialists to collaborate with clients to handle market wants.

Lytx’s new Climate Hazard Alerts overlays climate warnings from the Nationwide Oceanic and Atmospheric Administration onto fleet maps, permitting fleet managers to set alerts primarily based on particular geography, timeframe, and climate standards and be notified as climate situations develop into extra extreme in that individual area to facilitate real-time resolution making for safer and extra environment friendly driving.

In line with the U.S. Federal Freeway Administration, of the roughly 5.8 million automobile crashes annually, roughly 21% are associated to antagonistic climate.

Climate Hazard Alerts will be filtered by geographic location, time-frame, and sort of extreme climate, together with twister, hurricane, flash flood, and others. As soon as the situations are met, an alert is routinely despatched to the fleet supervisor with an outline of the occasion, a picture on the map, what number of automobiles could also be impacted, and when and the place that climate occasion is forecasted to happen.

For a extra proactive strategy, fleet managers also can view present photos from throughout the Lytx community of cloud-connected gadgets through the Lytx Imaginative and prescient Platform to see climate situations in real-time on specified routes.

Lytx is at present testing in-cab climate alerts on to the motive force.

04:38 IntelliTire, Bridgestone’s tire strain monitoring system, is now obtainable as an add-in on the MyGeotab Market, simplifying real-time tire monitoring for current Bridgestone Fleet Care clients who use MyGeotab.

Bridgestone’s tire-health monitoring system makes use of inner or exterior sensors to persistently present fleets with real-time information, together with tire strain and tire temperature and gradual leak detection.

This integration permits customers to:

• View each automobile’s tire strain and temperature

• See detailed duties and subsequent steps for every current subject

• Make the most of sturdy reporting that enables for a easy and efficient fleet overview

• Schedule, obtain or print an Instant Actions Report that exhibits automobiles with warnings or crucial points together with duties for correction

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