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Latvian SME is looking for potential users and partners of innovative adaptive transport monitoring system for own needs

Summary

Profile Type
  • Technology offer
POD Reference
TOLV20240701016
Term of Validity
2 July 2024 - 2 July 2025
Company's Country
  • Latvia
Type of partnership
  • Research and development cooperation agreement
  • Investment agreement
  • Commercial agreement with technical assistance
Targeted Countries
  • All countries
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General information

Short Summary
Latvian SME, in cooperation with University, has developed an automated transport monitoring system that helps businesses and public authorities to reduce their transport-related costs, optimize routes, reduce CO2 emissions, and ensure the safe usage of transport by drivers.
Full Description
Latvian SME, in cooperation with University, has developed an automated transport monitoring system that helps businesses and public authorities to reduce their transport-related costs, optimize routes, reduce CO2 emissions, and ensure the safe usage of transport by drivers.
By installing a GPS tracker into a transport unit (compatible with any type of transport units), system collects transport-related data and transmits it to a server, where all the analytics are performed.
Key features and competitive advantages:
- Easy installation process
- The system is automated; all the necessary data are available with just a few clicks
- User-friendly system - no need for long training sessions
- Data for data-driven decisions - routes, speeds, ECO-driving, aggressive driving, over speeding, idling, locations, stops, and much more;
- Automated route reports for any period of any transport
- Automated analytics for idling, driving, engine usage, aggressive driving, and more
- Notifications on events such as ignition status, over speeding, aggressive driving events, towing detection, crash detection, location-based events, and more
- Multi-level user management with owner general management rights
- Currently servers are located in the EU, can be located in any country if needed
Our customers report an average of 15% transport-related cost savings within a 6-month period after implementing our system.
Advantages and Innovations
Advantages and Innovations:
- Comprehensive Data Collection as system uses advanced GPS and telematics technology to gather extensive data on routes, speeds, ECO-driving, aggressive driving, idling, and stops, providing a thorough understanding of transport usage.
Automated Data Analytics:
- Collected data is automatically analyzed on a server, producing detailed reports on driving habits and route efficiency. Automated reports can be generated for any period.
Easy Installation and Compatibility:
- The GPS tracker is easily installed in any type of transport unit, ensuring quick setup and broad compatibility.
- User-Friendly System:
With an intuitive interface requiring minimal training, System is accessible to users of all technical levels, offering easy data access with a few clicks.
- Data-Driven Decision Making:
The system provides actionable insights for optimizing operations, reducing costs, and improving efficiency through data on routes, speeds, and driving behaviors.
- Real-Time Notifications:
Receive real-time alerts for events like over speeding, aggressive driving, towing detection, and crashes, allowing for immediate response and enhanced safety.
- Enhanced Safety and Compliance:
By monitoring driving behaviors, system promotes safer driving and ensures compliance with safety standards, reducing accident risks.
- Multi-Level User Management:
The system supports customizable user roles, enhancing security and ensuring only authorized personnel can access sensitive data.
- Cost Efficiency and Environmental Benefits:
Optimizing routes and promoting ECO-driving helps lower transport costs and reduce CO2 emissions, offering financial and environmental benefits
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Goal 12: Responsible Consumption and Production
  • Goal 11: Sustainable Cities and Communities
  • Goal 9: Industry, Innovation and Infrastructure
IPR description
Companies and investors working in the area of transport supervision sector

Partner Sought

Expected Role of a Partner
We are particularly interested in partnering with:
Car Rental and Leasing Companies: Enhance your service offerings by providing advanced transport monitoring solutions to your clients.
Telecommunication Companies: Explore a new revenue stream by integrating our system into your product portfolio.
Insurance Companies: Offer our monitoring system to your policyholders to promote safer driving and reduce claim risks.
Other: Who want to use it as customized system
Type and Size of Partner
  • SME 11-49
  • SME 50 - 249
  • Big company
  • Other
Type of partnership
  • Research and development cooperation agreement
  • Investment agreement
  • Commercial agreement with technical assistance

Dissemination

Technology keywords
  • 01004003 - Applications for Transport and Logistics
  • 02008006 - Traffic Engineering / Control Systems
  • 02010003 - System and transportation
  • 02010001 - Planning and security
  • 01006008 - Satellite Technology/Positioning/Communication in GPS
Market keywords
  • 08005 - Other Industrial Products (not elsewhere classified)
  • 02007022 - Software services
  • 01001004 - Other commercial communications
  • 02007007 - Applications software
  • 08003007 - Other industrial equipment and machinery
Sector Groups Involved
  • Electronics
  • Mobility - Transport - Automotive
  • Digital
Targeted countries
  • All countries