LONDON & DUBLIN--(BUSINESS WIRE)--Transpoco (www.transpoco.com), the transport telematics company, has launched a new service designed to help Europe’s car, van and truck fleets reduce fuel, maintenance and insurance costs. The new product called SynX is a cloud computing based service which integrates Transpoco GPS software with data from fuel cards to provide cost saving business intelligence.
“Fleet managers are not fully exploiting GPS tracking technology, because they are too busy,” commented Andrew Fleury, CEO, Transpoco. “While they use basic features of GPS, they never really get to the stage of accessing real business intelligence. They don’t have time to analyse data from different suppliers, such as fuel, vehicle maintenance etc. The SynX product automates this analysis and pinpoints key actions that need to be taken.”
The expansion follows a two year major research and development programme supported by Enterprise Ireland.
Transpoco is a member of FTA Ireland (Freight and Transport Association) and has closed significant cooperation agreements with key partners in Europe. Customers include local public institutions, transport companies and businesses that rely on driving for different reasons such as couriers, cleaning and construction companies.
Recent wins for Transpoco, an ISO9001 certified company, include Autoglass, a leading vehicle glass repair and replacement company and EPS Water, provider of water and wastewater treatment and pumping solutions.
The benefits for acquiring the SynX product for managing fleets are explained by Chris Wesson from Zummo Central Ltd, a Shropshire county based commercial juicers distributor:
“I estimate that on the first day of having Transpoco GPS tracking that it will save me about £7500 per annum by improving the way we do things, not just in better routes but operating commercially in a better way. That saving for a small business is huge.”
Transpoco is targeting fleets as well as partners such as leasing firms and fuel card companies who want to provide added value services to their fleet customers.
Fuel card company Direct Fuels has already adopted SynX. “The capability to offer a fuel saving system that can help to cut their maintenance, fuel and insurance costs changes our relationship with the customer. As a result of this data we can really be a trusted advisor to our customers,” commented Kieran Dunne, Managing Director, Direct Fuels.
Synx is based on research conducted by Transpoco which found at least a 20% difference in fuel consumption and 35% in maintenance costs between best and worst performing drivers.
For further information and a free demo on SynX go to www.transpoco.com
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