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Roadscout Target Zero [SMART 100, 2017]

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This SMART 100 profile and the information it contains is a duplication of content submitted by the applicant during the entry process. As a function of entry, applicants were required to declare that all details are factually correct, do not infringe on another’s intellectual property and are not unlawful, threatening, defamatory, invasive of privacy, obscene, or otherwise objectionable. Some profiles have been edited for reasons of space and clarity.

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1. THE BEGINNING

This innovation initially came to life when…

Following the development of our S^2 Roadscout technology, GPSI envisaged the possibility to gather accurate and near real time data, applying complex predictive algorithms, data analytics, process and methodology to deliver unprecedented insight into fleet driver behaviour. Our Target Zero product leverages the results to help drivers return home safely.

2. WHAT & HOW

The purpose of this innovation is to…

…to improve fleet driver safety and reduce vehicle fleet costs. It is based on our recently release S^2 technology solution and introduces additional
elements including data analytics, qualitative research techniques and driver education.

It does this by…

…presenting accurate and verifiable data, we are able to compare speed versus posted speed limits
and adverse driving behaviour which enables us to create driver profiles. This real time profiling provides an opportunity to proactively identify risky drivers and direct appropriate training and development where it is most needed.

3. PURPOSE & BENEFITS

This innovation improves on what came before because…

The development of the Roadscout second by second in-vehicle device generates a unique geospatial datum point every second of vehicle travel incorporating comprehensive driver/vehicle data to provide the industry’s most complete driver profile. Use of this information provides an unprecedented insight into actual driver activity. Predictive algorithms and analytics plus education deliver the driver improvement outcomes.

Its various benefits to the customer/end-user include…

The product identifies poor driver behaviour thereby assisting in delivering improved driver outcomes. There is a strong correlation between poor driving and total cost of ownership and therefore safer drivers produce a more cost effective fleet.

4. COMPETITIVE LANDSCAPE

In the past, this problem was solved by…

Predecessors use low resolution technology typically originating from a ‘track & trace’ mapping telematics background. The Roadscout device profiles driving behaviour across 60 data points every second the vehicle’s ignition is on. Target Zero is only possible with this level of data granularity. Target Zero is uniquely positioned against competitors.

Its predecessors/competitors include…

It is our belief that driver safety /behaviour offerings from competitors are based on existing ‘track and trace’ hardware and do not generate the requisite granularity to facilitate informed decisions in this field.

5. TARGET MARKET

It is made for…

There are approximately 800,000 fleet vehicles in Australia that do not have any sort of in vehicle management system installed. This is our first focus, and then our technology easily scales into international markets. Our target market is organisations with fleet vehicles, either managed themselves or through a Fleet Management Organisation. We are focusing on the driver with the distinct objective of bringing home everyone safely every single day. As an independent provider of the services provided, we can help our customers improve safety but without violating the privacy of employees.

It is available for sale through…

Currently, our technology is purchased by our customers direct or through our reseller / distributor partners. GPSI have developed solutions specifically that cater to Fleet Management Organisations – what we refer to as white-label branded solutions.

Our marketing strategy is to…

We are currently developing our marketing strategy as our early stage sales results are being documented.

FINE PRINT: This SMART 100 profile and the information it contains is a duplication of content submitted by the applicant during the entry process. As a function of entry, applicants were required to declare that all details are factually correct, do not infringe on another’s intellectual property and are not unlawful, threatening, defamatory, invasive of privacy, obscene, or otherwise objectionable. Some profiles have been edited for reasons of space and clarity.

Maven Judge Vote: Roadscout Target Zero – Smart 100 2017
(Please note – The form below is for judging purposes only and is restricted to the public)

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