One of Atlanta's 5 Startups to Watch in 2017

One of Atlanta's 5 Startups to Watch in 2017

ThingTech, an Atlanta based technology company has been named as one of Venture Atlanta’s “5 Startups to Watch in 2017.” This distinction has been bestowed for the past 5 years by Venture Atlanta to recognize local startups with strong potential to disrupt markets and accelerate growth; past recipients include Terminus, and Kabbage.

City of Burleson Selects ThingTech for Public Works Automation and Real Time Asset Management

City of Burleson Selects ThingTech for Public Works Automation and Real Time Asset Management

The ThingTech Smarter City Platform includes real time fleet and asset management,
telematics and diagnostics, GPS asset location, sensor integration, work order optimization,
automated maintenance, and fuel system integration to reduce costs, streamline operations, and
automate capital planning replacement and budgeting.

Ride Connection Selects ThingTech for Deviated Fixed Route Mobility Project

ThingTech announced today that it has been selected to deploy their suite of route optimization and dynamic fleet dispatching solutions to Ride Connection.  RouteIT and TracIT provide seamlessly integrated and dynamic route optimization and real-time fleet tracking to improve customer service and improve mobility options for Ride Connection customers.

Thingtech Achieves Logistics Tech Outlook’s Ranking for Top 10 Fleet Management Solution Providers 2016

Thingtech Achieves Logistics Tech Outlook’s Ranking for Top 10 Fleet Management Solution Providers 2016

FREMONT, CA—March 4, 2016- ThingTech, the most trusted provider of fleet and asset management software and services, joins an elite number of companies that have earned a spot on top 10 Fleet Management Solution Providers list of 2016 by Logistics Tech Outlook.  CLICK LINK ABOVE TO READ MORE!

Full article at http://www.logisticstechoutlook.com/vendor/article13/thingtech

ThingTech Awarded Fulton County Georgia Contract for Real Time Fleet and Asset Tracking and Telematics

Cloud based Enterprise Solution Will Provide Connected Asset Intelligence for Improved Customer Service and Reduced Operating Costs

ThingTech (www.thingtech.com) - an Atlanta, GA company announced today that it has been awarded the contract to implement their real time fleet, asset, and equipment tracking and monitoring solutions.    Fulton County awarded the project to ThingTech after a rigorous and highly competitive request for proposal process.   Click to Read More...

Ride Connection Implements Thingtech for Transit Asset Management Solution

 Cloud based Solution Coordinates Assets Management and Maintenance across 30 Transportation Providers

thingtech (www.thingtech.com) an Atlanta, GA company announced today that it has been selected to deploy maintainIT - an enterprise transit asset management solution - to Ride Connection, Inc. (Ride Connection), a leading provider and broker of demand response community transportation services in the Portland, OR metropolitan area. 

Ride Connection, like many community transportation providers, operates a large fleet across a wide geography. This, along with the company’s unique provider and broker model – where some vehicles are operated by providers; not Ride Connection directly – present large challenges for maintenance management, record keeping, and reporting requirements. 

Recognizing the challenge, Ride Connection turned to technology to assist.  After evaluating proposals, Ride Connection selected ThingTech for its innovative, cloud-based and wirelessly connected solution that connects providers via the cloud and can connect assets through real-time tracking for asset utilization, asset health status, and driver safety.

“We’re very excited to be working with ThingTech. Their enterprise transit asset management tools offered a combination of features that no one else could beat.  Community transportation challenges are unique relative to other industries and we were thrilled to find a vendor that provided robust fleet and asset management products, with the detailed features geared specifically for us and our industry.”  Says Elaine Wells, Executive Director of Ride Connection. 

“Ride Connection is an innovative leader in community transportation. The challenges they face are a perfect fit for our platform that provides Asset Intelligence through the cloud and the Internet of Things (IoT).  We’re honored that our solutions will help Ride Connection with their mission of delivering the gift of mobility to those in need.” says Brian Corcoran, President of ThingTech. 

About Ride Connection

Started in 1986, Ride Connection is a non-profit who pioneered a coordinated transportation delivery system composed of transportation partners.  Ride Connection and its service partners offer a variety of transportation services for medical needs, shopping, employment, school, supportive services, nutrition, volunteer work, and recreation throughout the Portland, OR Tri-County area. 

About ThingTech

ThingTech is located in Atlanta, GA with offices in Atlanta Tech Village.   Our bright and energetic staff of software developers, consultants, and customer success staff strive to build usable, practical, and innovative solutions to improve businesses in the public and private sector who own, operate, manage, and maintain fleets, heavy equipment, assets, and a mobile workforce.   ThingTech solutions combine Enterprise Asset Management, Field Service, Smarter Cities and Internet of Things (IoT) solutions into a single, cloud-based, connected platform for enterprise asset intelligence.  Our customers rely on our solutions to track and optimize the performance of their mission critical mobile assets and workforce to increase business performance and improve their customer’s experience. ThingTech is headquartered in Atlanta, GA and offers Software as a Service (SaaS) applications for Enterprise Asset Management (manageIT), Fleet Tracking and Telematics (tracIT), and Schedule and Route Optimization (routeIT) for a variety of vertical markets including Construction, Interstate Trucking, Local Delivery, State and Local Government, and Public Transport. Solutions are real time providing actionable data through work flow automation and predictive analytics  

Contact Information Brian Corcoran

http://www.thingtech.com 678.463.9224

brian.corcoran@thingtech.com

sales@thingtech.com

If you have any questions regarding information in these press releases please contact the company listed in the press release. Our complete disclaimer appears here

Foxx Announces $500 Million for 2016 TIGER Grants

Foxx Announces $500 Million for 2016 TIGER Grants

DOT will make available $500 million for the eighth set of TIGER grants since 2009, Secretary Anthony Foxx announced Feb. 23.

“Like the first seven rounds, 2016 TIGER discretionary grants will fund capital investments in surface transportation infrastructure and will be awarded on a competitive basis for projects that will have a significant impact on the nation, a metropolitan area or a region,” Foxx said. The program has provided almost $4.6 billion to 381 projects in all 50 states, the District of Columbia and Puerto Rico.

DOT must receive TIGER grant applications by April 29. To learn more, click here.

In related news, Foxx testified on President Obama’s Fiscal Year 2017 transportation budget at a Feb. 24 hearing of the House Appropriations Subcommittee on Transportation, Housing, and Urban Development and Related Agencies.

He cited specifics of the budget including $98 billion in transportation investments for advances in safety, innovative technologies and repair and replacement of aging infrastructure and a 21st Century Clean Transportation Plan that includes several new grant programs, nearly $20 billion for public transit to address the needs of fast-growing communities, more than $6 billion a year for high-performance passenger rail and almost $4 billion over 10 years for research into integrating new transportation technologies.

Soldier On Selects Thingtech to Implement Real Time Enterprise Fleet and Asset Management Platform

TracIT™ Fleet and Mobile Asset Management Solution provides 360 degree view of fleet and mobile workforce

Thingtech – an Atlanta, GA based fleet and mobile asset tracking firm - has been selected by Soldier On to implement a real time GPS fleet and mobile asset management platform to improve fleet utilization, visibility, case worker productivity, and, ultimately, drive operational efficiencies.  The scalable and integrated platform streamlines processes, automates fleet maintenance workflows, and provides real time alerting and visibility into the Solider On mobile workforce and service delivery programs. 

The Tthingtech platform allows Soldier On to manage their fleet in real time and capture events associated with speeding, idling, geo-fence violations, erratic driving, and engine diagnostics.  More importantly the data is converted to actionable management data to assist staff in vehicle assignments, preventive maintenance, vehicle rotation, and overall fleet financial data management.  Fuel card and EZ Pass toll data is integrated for a holistic view into the total operating costs for the fleet.  “We are proud to work with Soldier On and help support their mission.  Our integrated enterprise fleet and asset management solution will help them provide more efficient services to our nations veterans and improve fleet management workflows and utilization.  Integration of fuel cards, toll devices, and financial data will provide a 360 degree view of their transportation and fleet program,” stated Tim Quinn, CEO of thingtech.

Soldier On is a nationally recognized non-profit organization dedicated to ending veteran homelessness. They work in partnership with the Department of Veterans Affairs and other agencies to provide veterans with shelter and support in an environment that offers dignity, integrity, and, most importantly, hope. Their mission is to offer a continuum of care that includes immediate and long-term housing with services delivered where they live. Soldier On’s ultimate goal is to provide formerly homeless veterans with permanent, supportive, sustainable housing – assisting them in their transition from homelessness to homeownership.

Soldier On has experienced substantial growth in their transportation and case management services.  They operate and manage a substantial fleet of vehicles, mobile assets, and mobile workforce.  As the size and complexity of their fleet continues to grow, Soldier On leadership recognized the need to implement a scalable enterprise fleet and asset management system to better manage their fleet costs and help minimize challenges that often come with growth.   Jack Downing, CEO of Soldier On, says “Our fleet has reached a size and budget where we cannot properly manage and maintain it without the scalable and flexible solutions that thingtech provides.  We are excited about the partnership we have developed and look forward to improving and extending our fleet management program so that we can better assist the veterans in our care and throughout the communities serve.”

About Thingtech, LLC

Thingtech is headquartered in Atlanta, GA and  offers Software as a Service (SaaS) applications for Enterprise Asset Management (manageIT), Vehicle Tracking and Telematics (tracIT), and Schedule and Route Optimization (routeIT) for a variety of vertical markets including Construction, Interstate Trucking, Local Delivery, State and Local Government, and Public Transport.

BRTA Awards Thingtech Enterprise Transit Asset Management Contract

Enterprise Cloud based Solution Will Provide Integrated Fleet and Asset Management Platform to Address State of Good Repair and MAP21 Requirements

October 13, 2014

Thingtech (www.thingtech.com) – an Atlanta, GA company announced today that it has been awarded the Berkshire Regional Transit Authority (BRTA) transit asset management software contract to provide both asset management consulting services and an enterprise asset management (EAM) designed specifically for public transport systems. “We are very excited to partner with BRTA leadership, staff, and the community to help improve fleet and asset utilization and reduce costs. BRTA has proven to be a leader in adopting and deploying transit ITS systems that positively impact their ridership and community,” stated Tim Quinn, CEO of thingtech.

BRTA issued an RFP to procure services to design and implement an innovative Transit Asset Management (TAM) system with associated management consulting, data collection, system integration, and professional services. Due to the pending MAP 21 TAM requirements and specific reporting requirements, BRTA wanted to identify a qualified firm willing and capable of working closely with the BRTA Administrator, management, and third party service providers. Gary Shepherd, RTA Administrator, states “This is a strategic initiative for our system and will help us manage and maintain our fleet and assets more effectively. As federal funding becomes increassingly formula driven, we expect that performance-based and data-driven agencies will be more successful in obtaining funding that address the nations state of good repair (SOGR) challenges.

Key components of the system will include:

  • Transit Asset Management Plan Development
  • Asset Performance Measures and Goals
  • Fleet and Asset Inventory and Condition Assessment
  • Capital Planning and Budgeting Tools
  • Transit Asset Investment Priorities
  • Geo Spatial and Real Time Asset Location
  • TAM Federal Reporting Suite
  • Fully Integrated Enterprise Fleet and Asset Management System

As federal guidelines and rules for transit asset management become finalized, BRTA hopes to serve as a leader in TAM reporting and capital planning using systematic approaches to capital planning and replacement. BRTA is currently implementing a “one call one click” mobility management call center staffed 100% by veterans. This project will complement this initiative and extend one call one click to include state of good repair items. “We feel we have chosen a qualified and innovative technology partner that understands our vision, and will work closely with us as a vital partner” says Gary Shepherd.

About Berkshire Regional Transit Authority

The BRTA oversees and coordinates fixed-route and paratransit transportation services within the twenty-four member cities and towns of Berkshire County in Western Massachusetts. Fixed route bus service is provided in twelve communities and specialized transportation provided in eighteen communities. One of the eight original regional transit authorities (RTAs) created by state statute (MGL §161B) in 1974, currently fifteen RTAs are responsible for administering public transportation services throughout much of Massachusetts, outside of the Boston metropolitan area.

About Thingtech, LLC

Thingtech is headquartered in Atlanta, GA and offers Software as a Service (SaaS) applications for Enterprise Asset Management (manageIT), Fleet Tracking and Telematics (tracIT), and Schedule and Route Optimization (routeIT) for a variety of vertical markets including Construction, Interstate Trucking, Local Delivery, State and Local Government, and Public Transport. Solutions are real time providing actionable data through work flow automation and predictive analytics.

Crawford County, GA Deploys Thingtech for Vehicle & Asset Tracking

Cloud based Solution Provides Real-Time Vehicle Location and Status with Integrated Work Management Features

October 24, 2014

Thingtech (www.thingtech.com)–an Atlanta, GA company announced today that it has deployed TracIT to Crawford County, GA for real-time vehicle and asset tracking. The solution utilizes devices installed in County vehicles to track the location and status of vehicles for real-time insight by management and to improve decision making regarding asset utilization and maintenance. “We are very excited to partner with Crawford County leadership and staff to help improve fleet and asset tracking and utilization. Pat and his staff do a tremendous job and we’re excited that our solution will play a role in streamlining service delivery for residents of Crawford County.” says Brian Corcoran, President of thingtech.

Crawford County replaced their existing GPS solution in favor of the thingtech Platform. Offering a unique GPS Vehicle Tracking, Telematics, and Work Order system in one, thingtech allows for customers to not only track vehicles, but to determine if the vehicle is where it should be based on the work it's scheduled to perform. The platform also provides an opportunity to streamline existing cost allocation processes to determine how much and where the County is spending money to maintain County property - all in one, single, integrated management system.

Real-time location data has become a necessary part of the toolkit to properly manage fleets, mobile workers, and budgets.  Often GPS solutions are stand-alone and require users to sift through data and make assumptions to properly manage fleets and field crews. However,the thingtech platform easily extends to manage custom data and to combine a location-based system with other business needs and processes, thereby providing additional value beyond standard GPS systems.

“thingtech understood that we didn’t just want a GPS system – it had to provide more value for us to make the switch. We now have better data, have reduced our costs, and will have full view of our operations and a sound system for making decisions.” says Pat Kelly, Crawford County Manager.

About Crawford County, GA

Crawford County is a county located in the U.S. state of Georgia.  The County seat is Knoxville, GA and it is part of the Macon, GA Metropolitan Statistical Area. The population is approximately 12,500 permanent residents. The County is responsible for Fire, Water, Grounds, Roads, and Fleet services in a 330 square mile territory.  All County services are administered out of Roberta, GA.

About Thingtech, LLC

Thingtech is headquartered in Atlanta, GA and offers Software as a Service (SaaS) applications for Enterprise Asset Management (manageIT), Fleet Tracking and Telematics (tracIT), and Schedule and Route Optimization (routeIT) for a variety of vertical markets including Construction, Interstate Trucking, Local Delivery, State and Local Government, and Public Transport.  Solutions are real time providing actionable data through work flow automation and predictive analytics.

3 Tips for Transit Asset Management Planning

Our solutions are built to support business plans and processes.  Without plans, our solution - or any software product - has no purpose / no direction and is basically worthless.  To provide structure to each Transit Asset Management deployment, we provide a suite of Planning Services designed to both meet MAP21 TAM requirements, and complete the Design / Configuration phase of our software deployment.

Of course, you don't necessarily need to purchase the Thingtech Transit Asset Management solution to benefit from our Asset Management Planning services (although we think you should!!)  To provide some context, here's a recorded webinar that discusses the TAM Planning Process:

What you see above is mostly general Asset Management Planning; however, be careful when developing your Transit Asset Management Plan and make sure you cover the following:

  1. Integrate Transit Service Planning:  How can you accurately forecast capital needs if you don't accurately forecast service demand...make sure you go with an expert who understands transit planning, operations, and (ideally) the business systems you use because data analysis will be needed.
  2. Consolidate Systems, Integrate Where Necessary:  Your TAM system will touch all aspects of your business.  For an enterprise deployment, integration will be needed; however, take stock of your systems that require an upgrade and consider consolidating into your preferred Asset Management solution provider.  As an example, does your maintenance system need an overhaul?  Consider consolidating Maintenance & Asset Mgt...
  3. Automate Data Collection Whenever Possible: Your TAM system fundamentally depends on great data collection.  (Insert "Garbage in, Garbage out" cliche here).  Any system you implement should be 100% web-based and fully accessible via any mobile device to facilitate data collection from any location - i.e. shop, wayside, or any facility you operate.  Make sure it's 100% web-based and fully accessible...not partially accessible, not "hey we have an app you can install, but only on certain devices".  No - 100% web based so your data collection efforts don't turn into an exercise in troubleshooting your software.
  4. Telematics is Automated Data Collection:  The title says 3, but here's a free one...Consider integrating real time Telematics to collect accurate mileage and vehicle health data. You're rolling stock is the most important asset you own...invest in it to improve utilization and reduce maintenance cost.

Gallup McKinley School District Deploys Thingtech for Fleet and Workforce Tracking

Cloud based Solution Improves Productivity of Mobile Workforce

Thingtech (www.thingtech.com) – an Atlanta, GA company announced today that it has deployed TracIT to Gallup McKinley School District in Gallup, New Mexico.  The District deploys over 40 mobile assets and work crews daily to maintain and operate 35 facilities across a 4,957 square mile geography in rural New Mexico.  The facilities maintained by the district include school facilities, bus / motor pool facilities, warehouses, teacher housing units, and other support infrastructure to carry out the District’s mission of providing exemplary K – 12 education.

To help keep up with the workload, the District turned to thingtech and their flagship GPS tracking solution to help track worker productivity, location, and equipment conditions.  “We’re thrilled to assist the Gallup McKinley School District maintain their fleet and school district facilities.  Our solution is simple, yet powerful and extends a standard GPS system into a mission critical, work management business system for maintenance operations.” says Brian Corcoran, President of thingtech.

Gallup McKinley chose to deploy the system across several departments including Grounds, Carpenters, Mechanical crews, as well as the Receiving and Delivery Warehouse – each with slightly different requirements.  As an example, warehouse operations includes a fleet of vehicles that delivers food to each school facility in the district and requires refrigeration while in transit.  To ensure the quality and safety of the cargo, thingtech has deployed each vehicle with a temperature sensing solution that tracks and notifies users when refrigeration conditions are not met.

In addition, preventive equipment maintenance tasks are managed within the solution are integrated with real-time miles and time tracking.  The resulting solution provides a system to ensure the fleet is properly maintained, costs reduced, and the fleet optimized.

“Thingtech has been fantastic and easy to work with. Installation of the system was performed in about a day and required little ramp up time. The system is so intuitive that I personally set up 90% of our solution before training even started.” says Ron Triplehorn, Maintenance and Operations Director.

About Gallup McKinley School District

The Gallup McKinley School District is headquartered in Gallup, New Mexico.  The District maintains and operates 35 facilities across a 4,957 square mile geography in rural New Mexico.  The facilities maintained by the district include school facilities, bus / motor pool facilities, warehouses, teacher housing units, and other support infrastructure to carry out the District’s mission of providing exemplary K – 12 education.

About Thingtech, LLC

Thingtech is headquartered in Atlanta, GA and offers Software as a Service (SaaS) applications for Enterprise Asset Management (manageIT), Fleet Tracking and Telematics (tracIT), and Schedule and Route Optimization (routeIT) for a variety of vertical markets including Construction, Interstate Trucking, Local Delivery, State and Local Government, and Public Transport. Solutions are real time providing actionable data through work flow automation and predictive analytics.

Anteris and thingtech Partner for Workforce and Asset Tracking

Solution Improves Productivity of Mobile Workforce and Improves Customer Service

Thingtech (www.thingtech.com) – an Atlanta, GA company announced today that it has deployed TracIT to Anteris IT Solutions out of Pittsfield, MA.  Anteris provides manage IT services – including equipment rental, hosting, remote and onsite support, project management and more – to over 100 customers throughout New England, including the Berkshire Regional Transit Authority and Franklin Regional Transit Authority.

Challenged with supporting customers across a wide geography, Anteris recently invested in a fleet of vehicles to facilitate a hands-on approach to customer support.  Finding itself managing a fleet and mobile workforce, Anteris turned to thingtech to deploy a location-based solution to manage real time locations of service technicians and to keep track of rental equipment.

“We were looking for a GPS tracking solution that was easy to deploy, easy to use, and accessible from any device.  When we implemented tracIT, we instantly became more knowledgeable and better prepared to serve our clients.” says Tobias Casey, Founder and CEO.

TracIT supports a variety of real-time tracking devices including OBD-II dongles for easy, plug and play for vehicle tracking and battery powered devices to track non-powered assets.  Anteris’ fleet of Toyota RAV-4 vehicles are equipped with OBD devices from thingtech that provide real-time location as well as speeding, idle, and geo-fence alarms.  To date, Anteris has found a 5% reduction in mileage and 10% reduction in fuel spending after just a few months with the solution.

“Toby’s dedication to his customers is to be commended.  His investment in tracIT is really about investing in his clients to better serve them and build long lasting, deep relationships.  We’re happy to play a role in helping Anteris and Toby realize his vision” says Brian Corcoran, President of thingtech.

About Anteris

Anteris IT Solutions is based in Pittsfield, MA and provides a suite of IT services to clients throughout New England. Founded by Tobias Casey in 2002, Anteris provides proactive, preventative monitoring and service to its clients – finding and resolving issues before they result in downtime and reducing the need for emergency support.  As a result, Anteris provides proactive and efficient services that result in lower total IT spending for its clients.

About Thingtech, LLC

Thingtech is headquartered in Atlanta, GA and offers Software as a Service (SaaS) applications for Enterprise Asset Management (manageIT), Fleet Tracking and Telematics (tracIT), and Schedule and Route Optimization (routeIT) for a variety of vertical markets including Construction, Interstate Trucking, Local Delivery, State and Local Government, and Public Transport. Solutions are real time providing actionable data through work flow automation and predictive analytics.  All thingtech solutions are 100% built on Force.com for easy extensibility and integration to customer relationship management (CRM) and enterprise resource planning (ERP) data.

Lock in Low Fuel Costs with Telematics

As a fleet operator, today’s low fuel prices are a blessing to the bottom line.  In a business where success is so closely tied to fuel prices, most are asking themselves “how long will this last”?  What they should be asking is “what can I do to ensure this lasts?”.

Experts disagree on exactly how low fuel prices will go, when they will bottom, and when they’ll revert to the mean.  The discrepancies in opinion relate to the variety of factors affecting pricing and the geo-politics of oil production and resulting supply and demand.  However, the laws of economics and the profit motivate of Big Oil dictate that today’s low prices won’t be around for long.

In fact, the former CEO of Shell Oil, John Hofmeister, predicts prices could double by the end of 2016, stating “What’s happening now is we’re shutting down drilling rigs.  Not completing the wells that have just been drilled.  And, we’re going to eat off the surplus oil out there until probably mid-year.”

Translation:  Incremental drilling doesn’t make sense at today’s prices.  They are taking steps to decrease supply, which will drive prices up.

So, what are you to do as a fleet operator facing a fuel budget surplus?  Consider investing your fuel surplus in technology that will help you lock in a lower fuel spend, even after prices return to the long-term norms.

Thingtech’s Telematics solution, TracIT, and route optimization solution, RouteIT, are proven to empower business leaders to reduce fuel spending through lower idling, increased fuel efficiency, and lower overall mileage.  Don’t squander a great opportunity to invest in your business, lock in lower costs, and out-flank your competition.

Sample Telematics Trial Case Study

Periodically, we'll perform a trial of our solutions to assess the exact impact we can have on a potential customer. When we do, we treat each trial as if it's a real project by following implementation methodology and performing business reviews. Typically, the trial duration is 30 to 60 days with Business Reviews once per month. It's a great opportunity to prove the value of Telematics generally and to show off our industry leading reporting and analytics.

Below is a sample analysis we performed recently for a client who was focused on speeding and idling issues. Spoiler Alert: The suspicions about idling issues are confirmed to the tune of over $200k per year in wasted fuel. This alone would pay for the Thingtech solution 3x over before any other benefits are realized. Check it out...

Case Study
For Client X, thingtech performed a 60 day free trial on two (2) vehicles. Below is the system generated dashboard that summarizes data for the period. Note: For this trial, the client was particularly focused on Speeding and Idling challenges and, therefore, the analysis did not involve any Driver Behavior, Vehicle Health Monitoring, or other features.

Starting December 1st, 2014, thingtech installed 2 devices and began tracking Speed, Idle & Trip data.  Here are the results using our Dashboard driven Telematics solution.

  1. During the 60 day period, Client X’s two (2) vehicles drove approx. 3,100 miles and incurred approx. 12,500 minutes (210 Hrs.) of Engine Time.  See top left of dashboard.
  2. We immediately notice that Idling is a more frequent issue than speeding on a 4:1 ratio.  See Alarms by Type pie chart.
  3. Isolating the idling issue is the first step to resolution.  Upon further analysis, it appears that the vast majority of the idling alarms are generated from the “Demo 1” Device.

Speeding Alarms Analysis

During the 60 day trial, Client X incurred 110 Speeding Alarms (as defined by the client as over 65 mph).  When speeding, the vehicles average speed was 71 mph; however, thingtech recorded a vehicle traveling as fast as 89 mph during the trial.  Finally, approximately 75% of the time that a vehicle was speeding, it was doing so excessively as defined by traveling over 75 mph.

To determine which vehicle are speeding most frequently, we review the Speeding Alarms by Vehicle bar chart and quickly discover that although “Demo 1” appears to have issues with Idling, “Demo 2” is the more frequent speeding violator at an almost 2:1 ratio.

Speeding is directly attributable to increased fuel consumption (reducing speeding by 5 mph reduces consumption by 1 gallon) and liability. As a result, monitoring average speed and number of speeding alarms over time is useful to properly manage the fleet and driver behavior for continuous improvement. Although Client X has not yet begun driver coaching or speeding policy enforcement, the Speeding Trends line graph will be a helpful tool when the process begins.


Idling Alarms & ROI Analysis

During the 60 day trial, Client X incurred over 300 instances of idling, which racked up approximately 6,200 minutes (103 hrs.) of idling time. When compared to the 12,500 minutes of Engine Time, we quickly understand that Client X’s vehicles are idling for 50% of the time they engine is running – a massive figure. Accepted industry metrics state that 1 gallon of fuel is burned for every 1 hour of idling. At $3.50 / gallon fuel, Client X wasted $365 of fuel in during the 60 day trial with 2 vehicles. If nothing is done to correct, just these 2 vehicles will cost Client X $2,193 in wasted fuel per year and if extrapolated across the entire 100 vehicle fleet, Client X is facing a $219,275 opportunity cost if nothing is done to correct the idling problem. Finally, when the cost of a Telematics solution is factored in, and using only Idling savings to calculate, Client X would see a 265% return on investment in telematics technology – before any other savings and benefits outside of Idling are explored.

City of Peculiar, MO Deploys TracIT for Tracking Snow Plows and Public Safety

Cloud based Solution Improves Dispatch, Accountability, and Winter Operations

Thingtech (www.thingtech.com) – an Atlanta, GA company announced today that it has deployed tracIT – powered by thingtech – to the City of Peculiar, Missouri municipal fleet.  The City operates approximately 30 vehicles throughout various city departments to deliver mission critical public services.  Leading the way, and each possessing their own, unique requirements, the Public Safety and Snow Plow departments drove the adoption of the technology.  thingtech responded by deploying tracIT – the company’s flagship vehicle and asset tracking solution – along with a configurable web portal to provide limited, read-only access to the public and partners.

Public Safety is highly focused on the safety of both its citizenry and officers.  As a result, the city required a “high frequency” GPS tracking solution – i.e. reports every 10 seconds – to ensure that locations, vehicle actions, panic alarms, and other valuable data is reported in real-time and can be immediately acted on in emergency situations.

Further, Peculiar partners with a neighboring community, who provides dispatch services in “off-hours”.  To ensure proper dispatch and emergency management, the City’s partners required limited access to the tracking solution for specific vehicles at specific times without granting full access to the entire solution.

In addition to including business partners into the fold, the City was sharply focused on its most important constituent – the public at large.  After years of struggling to communicate the status of snow removal in winter months, the City turned to thingtech to leverage GPS fleet tracking to engage the community.  Coming this winter, the City will feature a new web page displaying vehicle locations and status of the snow removal operation.  The system is expected to lighten the volume of calls to the city during snow events by publishing online the most frequent inquires.

“We’re really pleased to partner with the City of Peculiar. Their mission to leverage real-time solutions and to extend them throughout their business, partner, and customer communities aligns perfectly with our mission and vision says Brian Corcoran, President of thingtech.

About City of Peculiar, MO

The City of Peculiar is located in Cass County in western Missouri.  The city’s population is approximately 5,000 residents.  The City provides public services that include public safety, utilities, roads, permitting and code enforcement, parks and recreation, and other municipal asset maintenance functions.

About Thingtech, LLC

Thingtech is headquartered in Atlanta, GA and offers Software as a Service (SaaS) applications for Enterprise Asset Management (manageIT), Fleet Tracking and Telematics (tracIT), and Schedule and Route Optimization (routeIT) for a variety of vertical markets including Construction, Interstate Trucking, Local Delivery, State and Local Government, and Public Transport. Solutions are real time providing actionable data through work flow automation and predictive analytics.

Telematics ROI - Beyond Fuel Savings

How Can Fleet Tracking and Telematics Save Me Money?  Let's Review...

Saving fuel is the obvious way to justify the costs of using telematics in fleet. And, while fuel is a huge expense for many fleet operators and reducing fuel consumption is a great goal, there are additional benefits and savings to be had.

Ranking fuel efficiency as the top goal in using telematics is definitely smart — fleets proactively monitoring idling and using telematics to improve routing cite immediate fuel reductions. Whether you’re a large corporation or a small business, the savings can be significant.

But compared to hard numbers like fuel data it’s easy to ignore all the other benefits that may be more difficult to quantify, may impact several budget line items in a smaller way, or are simply qualitative measures.  But knowing this information and how it happened is what helps fleets maximize their ROI and maintain management buy-in by consistently proving a solid cost-to-benefit ratio.

Telematics is simply a business tool that allows you to track, analyze and make consistent improvements on your mobile operations. All of that comes down to the final punch line: Keeping your company lean, competitive and profitable.

Good Maintenance for a Good Return

Fleets can improve maintenance scheduling and servicing with accurate and automated usage and also diagnostic data.  The simple act of automatically capturing odometer values to automate service scheduling can ensure that nothing slips through the cracks and is under-maintained.  It also alleviates asking employees to keep up with their own maintenance, which is imperfect and, often times, not their biggest priority.

Also, capturing diagnostic data can have a profound impact and allows fleet managers and technicians to make real time decisions to avoid catastrophic break downs.  In some scenarios fleets can share the alerts with their outside service provider, or make decisions about which service provider to use based on the nature and cost of the work. These measures result in better warranty recovery on newer vehicles, less vehicle downtime, reduced total cost of ownership and a higher resale value since the vehicle is well-maintained and there are no unexpected or major vehicle breakdowns.

Preventing vehicle breakdowns through vehicle diagnostics has several other benefits as well. Fleets will see lower roadside assistance and towing costs and won’t have service disruptions — or angry customers because of it.

Omaha, Neb.-based HVAC and plumbing repair company ServiceOne piloted a telematics solution on five of its service vans, allowing them to identify exactly what kind of savings the company could expect. During the pilot program, ServiceOne saw notable improvements in fuel usage, idle times and repair costs. For example, a single engine diagnostic trouble code alert helped shave nearly $800 off one van’s repair bill.

“By remotely identifying the engine problem, we were able to confirm that the van could be serviced at a local shop rather than the dealership, cutting the cost nearly in half,” said Gary McCollum, operations manager for ServiceOne. (Tucker, 2014)

A Utilization Balancing Act

By capturing miles traveled, engine hours, number of trips, and measuring metrics like % of time utilized, fleet managers have the data to manage and optimize fleet utilization – i.e. extend the life of overworked assets, shift under-utilized assets to more demanding routes or regions, and manage operating costs of aging assets.

Without reliable telematics data it’s difficult to know if you’re “overfleeting”, have the right mix of assets to perform the work, or are wasting money by over-utilizing and maintaining aging equipment.

A Safe Fleet Costs Less

Many major and minor insurance providers offer commercial auto insurance incentives for fleets with Telematics. And, if an insurance company is willing to pay for telematics, it’s a safe bet that they’ve crunched the numbers and see a positive return on investment.

Some carriers give small breaks to fleets just for having telematics installed, while others also give premium reductions when a fleet can show safety improvements through telematics.

So, why does the insurance market love telematics?  Because it provides the opportunity to measure and manage risk.  Fleets that monitor and coach drivers on speeding and aggressive driving (harsh cornering, braking and acceleration as measured by the telematics device) certainly find reduced liability expenses – insurance premiums, downtime, and repairs.  Interestingly, however, they also reduce normal vehicle wear-and-tear maintenance costs, extend the life of the asset, and improve resell value.

Exoneration is a big factor as well.  Fleets are often accused of misbehaving when they’re not at fault - that marketing emblem on the side of your vehicles can look like a bulls-eye to a litigious driver.  Telematics provides the tools to refute false claims quickly and inexpensively.  Also, when accidents do occur recreating the scene is easier with Telematics data to determine who was actually at fault.

Theft is a big deal as well to insurance companies.  Any business that recovered a vehicle from theft could likely report an immediate payback on telematics.

Keeping Timecards Honest

Companies that rely on employee-submitted timecards are able to compare tracking data to claimed time. Often fleets that allow employees to take vehicles home have no way to verify on clock vs off clock hours.  A few 20-minute nudges here and there can add up across your employees.  Further, arriving late to appointments can often be traced back to a late start in the morning, which can be coached, tracking, and improved – resulting in happier clients.

With a fleet size of about 30, CRCS DKI, a restoration services and disaster clean up company based in Oshawa, Canada, immediately started comparing claimed start and stop times to tracking data. When first using telematics, the company was catching nearly 40 misreported hours per month across its drivers. “That’s a lot,” said Kyle Douglas, manager of corporate services. “If you’re in the service industry, you have to monitor that and make sure that doesn’t happen. When you don’t have a lot of personal interaction because they’re going right to the jobsite and going home from there, then you need to be able to see what they’re doing. And it’s not that we have bad employees, our employees are outstanding, but a half hour here then turns into another half hour there and another.”  (Tucker, 2014)

A Time Saver

Numerous benefits of telematics shave time off daily tasks:

  • Dispatchers spend less time figuring out which driver is the best to send to a last-minute job. Besides, drivers aren’t always the most accurate if it means they’re cutting it close to missing a job.
  • Back-office personnel spend less time entering info from the field and can quickly bill the hours.
  • Drivers spend less time on the road and more time on the job, which could mean getting in more service trips per day.

Taken together telematics reduces a fleet’s overhead, allowing them to take on more jobs.

Dan Eggleton, owner of Temecula, Calif.-based Eggleton Trucking, a bulk hauler with eight trucks, is able to better monitor when trucks are leaving the yard and when they arrive to pick up a load. “We have a four-hour span of time when the trucks are all leaving the yard. If you have to sit there for four hours in the morning just to watch the trucks, then half the day is shot.” Remote visibility alleviates Eggleton or his son from having to supervise. A few remote checks and they’re able to get other tasks done.

Through improved routing, Eggleton cites that the biggest benefit he has seen for his fleet is an increase in productivity. “We’re getting more loads in per week because I know where everyone is at,” he said, adding that going from three to four loads per week yields an incremental $1,600 in revenue — a 27 to 1 return on investment for his telematics system. (Tucker, 2014)

Some fleets even set up reports on how many times and how long driver spend with customers versus driving time. This helps get a better idea of the client-vendor relationship and possible improvements that could be made.  Ideally, this data is made available not just to Fleet Managers, but business users throughout the front and back offices – i.e. sales representatives, management, and Executives.
To save on headaches, fleets can also use the data when customer’s claim that time spent was less than their bill. Management can provide the tracking information to the customer showing how long workers were at the site.

And Then There’s Fuel

Fleets have a wide range of fuel cost reductions, but typically fleets see reductions well beyond 20 percent. This also has to do with major reductions in idle time — again with fleets typically citing signification reductions depending on the fleet type. A delivery fleet for example, could see idle reductions of 50 percent or more.

Other fuel savings comes from improved routing, which results in a drop in daily mileage. A drop in daily mileage has profound effects not only on fuel used, but also wear and tear and asset lifecycle costs as the vehicle’s life is being extended for every mile saved.

CRCS DKI, after having telematics for three years, increased its fleet’s average miles per gallon from 11.2 to 13.4. And in idling, Douglas said that you never know when it’s just one driver who could be increasing your fuel costs. hotel comparison . CRCS DKI found that one employee was costing the company $144 in fuel costs per month just in idling, making it easier to effectively address the habit with the driver. (Tucker, 2014)

Less fuel burned also means fewer emissions. Whether sustainability goals are set or companies are looking to use it within marketing, the information can be promoted to stakeholders and the public. Government fleets in some cases are even required to do so.

Competitiveness & Customer Satisfaction

With companies like Google Shopping Express, Amazon and Uber disrupting traditional industries with on-demand services through the use of technology, the rest of the world is being expected to do the same. This means companies have more pressure than ever to keep customers satisfied, communicate with customers about arrival times, and provide flexible services.

As a telematics program develops, it also evolves into our other aspects of the business.  Other departments such as sales / customer service, HR, accounting, and risk and safety management, will ultimately find more opportunities to utilize the data and maximize the ROI.

Using Telematics to Manage Equipment

Telematics isn’t just for passenger vehicles. If your business relies on assets like heavy equipment, trailers, sheds, generators and the like, a telematics solution can offer valuable information for equipment tracking and more. However, implementing a telematics program for equipment works a little differently.

For starters, you’ll be monitoring different metrics. Instead of seatbelt usage and hard braking, you’re likely to be more interested in engine data like run time meters, fuel burn and trouble codes. Utilization and equipment health monitoring are the key factors that drive ROI in equipment tracking.

You may also have a heightened interest in geo-fencing to ensure costly equipment doesn’t leave designated areas and to quantify utilization within a specific work site or location.

If you have or are seeking a telematics solution for passenger vehicles as well as equipment, you’ll want to look for a provider that can track both vehicles and equipment on a single dashboard. Doing so will save supervisors and managers time, since there’s a single website login, making dispatch and workforce management simpler.  

Summary

Telematics solutions can delivery triple-digit ROIs starting with Fuel savings, but extending to virtually every other aspect of the business.  As discussed above, GPS Tracking and Telematics provides tangible value through:

  • Better Maintenance
  • Improved Utilization
  • Reduced Safety / Liability Costs
  • Better Payroll Management
  • Improved Productivity
  • Better Customer Service

Certainly every business is unique and some areas will apply more or less to your specific business use case.  But, if you’re just looking at Fuel savings to justify a telematics purchase, you’re missing a big part of the ROI calculation.