intelligent
// REGIONAL ROUND-UP // AFRICA | APAC | EUROPE | MIDDLE EAST | NORTH AMERICA AFRICA
KEYTEC TO DISRUPT FLEET TELEMATICS INDUSTRY
KeyTec , a disruptive fleet-tech start-up , has partnered with LocoNav to capture the emerging and high-growth video telematics market throughout Africa . The company plans to disrupt the fleet telematics industry and replace most low-end tracking systems with affordable and advanced fleet management solutions .
LocoNav delivers a single platform to run and manage all fleet operations with ease . Its end-toend solution helps fleet owners save money by maximising the efficiency of their assets , thereby increasing the productivity of their fleet . LocoNav provides a transparent , authentic and reliable means for customers to stay updated with their fleet operations anytime , anywhere .
This game changing technology is already used in more than half a million vehicles and fleet owners across 30 countries , using AI to help them manage their fleet operations , keep a watch on performance and improve efficiency .
KeyTec ’ s CEO , Michael Roberts , said : “ We are a talented group of entrepreneurs with groundbreaking tech designed to contribute towards a better tomorrow . We provide smart solutions for companies of all sizes and pride ourselves on our unparalleled , dedicated service . At KeyTec , we believe that the right understanding and technological edge can lead companies towards a successful future .”
According to a Berg Insight report , the market for video telematics is expected to grow from 2020 to 2025 by 22 % ( adding 3.2 million subscribers ) in just Europe and North America . In-cab cameras fixed in vehicles collect visual video evidence or data and
“
THERE ARE OVER 250 MILLION COMMERCIAL VEHICLES IN THE EMERGING WORLD AND LESS THAN 30 % OF THEM USE ANY FORM OF FLEET MANAGEMENT SOLUTIONS . are also a tool for driver safety , insurance claims and driver training .
The study also found that video telematics ( dashcams ) can reduce collisions by 65 % and accident costs by 75 %. These are just some of the reasons why fleet managers of all fleet sizes are adopting this technology .
LocoNav Co-Founders , Shridhar Gupta and Vidit Jain , added : “ There are over 250 million commercial vehicles in the emerging world and less than 30 % of them use any form of fleet management solutions .
“ Our vision at LocoNav is to democratise access to fleet technology for all commercial vehicles in emerging markets through our AI-backed product and disruptive offerings of hardware , software and data . We are very excited to begin our journey in Africa with KeyTec and look forward to bringing safety and efficiency for commercial vehicles in Africa .”
LocoNav is a powerful platform to help organise and manage drivers and increase efficiencies , which in turn leads to lower operating costs . A driver management system is a helpful tool that helps fleet owners manage their drivers , it helps track a driver ’ s driving style , consistency and time management . �
Intelligent SME . tech |
|
. tech |
55 |