Teletrac Navman yesterday announced the release of its next generation solution TN360.
Powered by artificial intelligence, TN360 delivers telematics functionalities in real-time, providing businesses with simplified, smart, predictive and actionable insights.
‘The digital transformation of the mobile asset and fleet management space has only just begun,’ says Jens Meggers, President of Teletrac Navman.
‘Artificial intelligence, scalable cloud technology, real-time computer vision sensors and easy-to-use smart data analysis are completely changing the telematics market. We are at a pivotal step in the industry, digitizing vertical industries unlike any time before.’
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.
AI-enabled cameras can be fully integrated within TN360. Businesses can now perceive traffic obstacles, distance between objects, identify people and even predict potential safety hazards both on the road and inside the driver cabin.
The ability to capture, connect, and process robust amounts of data with immediacy will transform telematics from a two-dimensional map application to a powerful real-time sensor network producing insights for a three-dimensional world.
While previous generations of telematics platforms aimed at eliminating paper-based reporting and processes, they required users to spend excessive amount of time analyzing digital reports to identify opportunities for improvement.
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 recognize patterns of efficiency in order to highlight opportunities in areas like route planning, logistic workflows, maintenance, driver behavior, compliance and fuel management.
Users can 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.
‘Our goal is – and always has been – to simplify mobile asset and fleet management for our customers,’ says Andrew Rossington, Vice President of Technology, Teletrac Navman.
‘We built TN360 with an AI-first approach on the latest technology stack, delivering a paradigm-shifting product. We use this technology to process the masses of data collected and turn this into real answers. The platform converts data into decisions.’