Published on September 3rd, 2019 📆 | 5608 Views ⚑
0How Data Helps Cities Achieve Vision Zero Safety Goals
Telematics can optimize smart transportation. Access to aggregate data allows cities to closely monitor traffic flows, understand the effects of new projects and speed reduction programs, assess the efficiency of traffic signals, map air quality and highlight hazardous intersections. All these tools help cities and municipalities better manage the overall transportation system.
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Fleet managers using Geotab, an Ontario-based company with over 1.5 million global subscribers for such services, will be getting a bigger toolkit as the company has announced plans to acquire BSM Technologies.
According to a news release Monday, BSM provides telematics and asset management software to more than 165,000 vehicles in government and private fleets across North America. While BSM has previously used Geotabâs platform as a base on which to build new products, the acquisition will give BSMâs customers access to Geotabâs tools such as those for tracking vehicle performance, driver habits and collisions.
âBSMâs activity in the government space coupled with Geotabâs proven success and commitment to security and scalability will work in tandem to dramatically accelerate Geotabâs presence across North America including in the electric vehicle space, which is an increasingly important emerging market,â said Geotab CEO Neil Cawse in a statement.
BSM customers will also get access to Geotab Marketplace, an online ecosystem of tools for managing assets and workers. In return, BSM will contribute some of its own product and services development in asset tracking, winter ops, third-party integration and off-road equipment tracking.
âFollowing the announcement of our expanded partnership with Geotab in late 2018, it became clear that BSMâs growing analytics and optimization capabilities combined with Geotabâs best-in-class telematics solution results in an enhanced product offering to fleet management customers,â said BSM President and CEO Louis De Jong in a statement. âAs part of the Geotab team we will be able to offer these capabilities across all of Geotabâs partner network.â
The acquisition comes on the heels of two recent accomplishments for Geotab: winning the worldâs largest single-source telematics contract in history, to put Geotab tech in 217,000 vehicles for the General Services Administration; and becoming the first telematics company to receive a FIPS 140-2 validation by the National Institute of Standards and Technology, specifically for Geotabâs cryptographic module.
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