Future Fleet and Myriota develop IoT asset tracker
August 11, 2020
Australian companies Myriota and Future Fleet International are working together to develop vehicle and asset tracking technology.
Myriota specialises in low-cost and long battery life satellite connectivity for the IoT. Future Fleet is a telematics provider that delivers fleet management products. Together, they have developed the NX-01 intelligent tracker underpinned by Myriota’s low-power IoT technology and satellite connectivity.
Founded in 2003 and headquartered in Queensland, Future Fleet provides telematics for fleet management across Australia and New Zealand, with plans to expand globally. Powered by Myriota’s satellite IoT connectivity, Future Fleet aims to advance its capabilities across fleet management with the first asset-tracking device on Myriota’s global network.
Myriota’s patented direct-to-orbit transmission fits the mobile asset tracking industry with its ability to transmit data without the need for terrestrial infrastructure, anywhere in the world.
The NX-01 intelligent tracker will be Future Fleet’s most advanced asset tracking device to date, brought to life via Myriota’s low-power secure satellite IoT connectivity. Together, the partnership will provide Future Fleet customers across agriculture, mining, logistics and transport with a tracker to complement traditional cellular-based GPS tracking devices especially in remote and isolated areas.
Due to launch towards the end of this year, it could accelerate Future Fleet’s savings on asset tracking by more than 50%, while also strengthening service, security and battery life for its customers.
“Our partnership with Future Fleet is a testament to the forward-thinking nature of both organisations,” said Alex Grant, CEO of Myriota. “Together, we’re creating an opportunity to not only rapidly advance the capabilities of the transport and logistics sector at large, but also lower the sector’s carbon footprint through optimised routes and reduced fuel consumption. Future Fleet’s new NX-01 intelligent tracker is the culmination of two best of breed companies working together, providing transport organisations with a distinct advantage over their competition and total visibility of their assets.”
At the onset of Covid-19, industries such as mining and long-haul transport faced an uncertain reality with fewer staff on the ground due to social distancing restrictions. The ability to track assets reliably and affordably is key to the stability of these industries during a time when there is a cap on available labour, and decision makers are looking to save resources for a long-term business outlook.
“Future Fleet has always been a customer-centric business, providing the best service and technologies possible to our customer base,” said Richard Saad, general manager of Future Fleet. “Our partnership with Myriota provides us with the capability to revolutionise how our customers track and manage their assets, allowing for a more reliable and cost-effective technology across the board.”
When analysing the IoT landscape as a whole, Saad said he knew quickly that he wanted to partner with Myriota as it had consistently been ahead of the competition in driving innovation in IoT and growing a global network.
“We’re thrilled to work closely with Myriota and bring its global network of satellite IoT connectivity to our customers,” he said.
Rolf Mitchell, Queensland state manager at Keolis Downer, an Australian private provider of multi modal public transport, added: “As a customer of Future Fleet International for five-plus years, it’s exciting to hear that they are partnering with Myriota to develop an innovative asset tracker for a global coverage network.”
Keolis Downer is a national people transport organisation that relies on asset tracking as it is critical to its day-to-day operations for monitoring driver efficiency and improving resource allocation to provide better customer service.
“Future Fleet International have been a trusted and supportive partner with our company in this space and this partnership between them and Myriota may benefit our organisation with new innovations as well as the logistics and transport industry as whole,” said Mitchell. “As KD is an innovative organisation, we look forward to evaluating this when it is launched to consider any benefits it will add to our operational environment.”