FRAIKIN AND MASTERNAUT INTRODUCE INNOVATIVE TELEMATICS SYSTEM
30 January 2015
Fraikin has launched an innovative new commercial telematics package, mySmartFleet, in partnership with Masternaut, which is set to benefit customers across its pan-European operations.
Customers of the largest commercial vehicle solutions provider in Europe can now reap the benefits of full service telematics, collating vital driving data that can be used to cut costs by optimising fleet management and increasing productivity. The system is available as an optional extra on all rental and contract hire vehicles for customers who want to use telematics, but do not have their own system in place.
Hugues Rougier, CEO of Paris-based Fraikin Group, says: “More than ever, our customers are looking to have better control over their fleet spending. As the premium player in the contract hire market for several decades, it was crucial for us to offer our customers an innovative, useful and tailored service. Working with Masternaut – a partner for more than seven years and the largest European provider of telematics solutions – was the obvious choice. Masternaut’s expertise and technological innovation allow us to bring real added value to our offering.”
Using Masternaut’s patented CANbus data acquisition technology, Fraikin offers a smart approach to telematics, enabling customers to enhance their use of collected driving data. Monitoring equipment can be fitted to any current Fraikin vehicle regardless of the age of the asset, or specified on new deliveries.
Companies will be able to track and manage their fleet in real-time, making decisions based on the data, allowing them to establish more sustainable driving policies and ensure compliance. Customers can use the telematics information to cut fuel usage, reduce vehicle downtime, increase the safety of their drivers, and minimise the fleet’s carbon footprint.
A dedicated team will help clients to use and customise the new platform to their needs. Customers will get tailored monthly reports revealing critical data and enabling them to take action to cut costs. Fraikin already has five years’ experience managing telematics across Europe on a multi-brand fleet of more than 1,000 vehicles, and can provide a benchmark for businesses to compare performance against.
Steve Towe, Chief Commercial Officer and UK Managing Director at Masternaut, says: “This partnership with Fraikin represents a real opportunity for Masternaut. Beyond the strong relationship we have had with them for seven years and our shared values, Fraikin’s leading position and the power of its network will allow us to reach other markets that Fraikin has access to. This collaboration will also enable our R&D teams to benefit from the knowledge and expertise within Fraikin for future solutions that perfectly meet the needs of the market.”
Notes to editor:
A bout Fraikin
Fraikin Ltd is part of the Fraikin Group , the largest commercial vehicle fleet services company in Europe, providing expert fleet management, contract hire and rental solutions to both the private and public sector. In the UK a team of nearly 400 staff manage approximately 15,000 assets, ranging from vans to heavy trucks, as well as specialist plant and machinery. The Fraikin Group, established in France in 1944 by Gérard Fraikin, has operations in 10 countries – Belgium, Czech Republic, France, Luxembourg, Morocco, Slovakia, Spain, Switzerland, Poland and the UK. Since 2007 it has been owned by CVC Capital Partners , one of the world’s leading private equity and investment advisory firms.
Masternaut is Europe’s largest provider of telematics solutions. Founded in 1996, the company now employs over 600 telematics specialists and has more than 10,000 customers.
Masternaut provides a SaaS-based Mobile Resource Management (MRM) application suite for businesses of all sizes to help them achieve greater operational efficiencies through a lowering of vehicle fuel consumption, effective tracking of assets, productivity increases in workforce, reduced vehicle wear and tear, improved management of driver behaviour, and a reduction in CO ₂ emissions. These solutions drive tangible savings and service improvements for customers across all parts of an organisation; from finance to HR, operations to customer service.
Its suite of modules range from driver performance management, fleet and consumer insurance, traditional vehicle tracking and specialist services for the transport and logistics industry, including remote digital tachograph download and temperature monitoring. Masternaut also provides highly-configurable solutions to the public sector for highways maintenance and infrastructure support.
Masternaut has the largest telematics R&D team in Europe, continuously innovating to deliver the most reliable and scalable platform available. The company has over 300,000 assets, vehicles and people connected to its SaaS solutions. Over 15,000 users interact every hour with the systems, and over 50 million data transactions are processed and configured into 20,000 reports every day.
With customers in 32 countries, Masternaut has multiple offices and partners throughout Europe, North America, South America and Asia.
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