Meet Targa Telematics
Targa Telematics is an IT company with decades of experience in connected vehicles. It provides technological solutions in telematics, smart mobility and digital Internet of Things (IoT) platforms for mobility operators. The company addresses short and long-term renters, large finance companies and large fleets with a range of services from insurance telematics to asset and fleet management, remote diagnostics and telemetry for vehicles, professional and construction-site vehicles, and extending to the management of airport service vehicles.
Targa has been a pioneer in smart mobility since its founding. Thanks to its innovative technology, Targa helps its customers to embrace connectivity and the switch to electric vehicles and supports the sustainable development of cities. They provide expertise, an IoT platform, and a wide selection of software modules and microservices to create new mobility products with extremely short lead times and with appeal, performance and stability to provide fulfilling experiences for users in the digital age.
Many of today’s vehicles are “connected” through telematics sensors and apps. This source data helps to identify the location of the vehicle and can also be used to perform trip analysis and to find the best routes. This data can help to monitor fuel consumption and verify that driving behavior is safe by analyzing indicators such as cornering, braking, exceeding speed limits and frequency of abrupt accelerations. The Targa IoT platform leverages this technology to provide valuable insights. But to help ensure geospatial visibility, they’re always in need of the best location data available.
The industry challenge: keeping track of vehicle location and performance
Fleet and mobility operators have an important job. They need to know the location of their fleet vehicles at all times. They need to know whether the drivers of those vehicles are taking safe and efficient routes. And they need to monitor the safety of driving behavior. All in compliance with national (or local) privacy regulations.
Knowing where each asset in your commercial fleet is located can make all the difference between business success or failure. With thousands of vehicles being stolen annually, vehicle theft is an unfortunate reality. This translates to hundreds of thousands of euros in capital costs that negatively impact fleet management companies’ bottom line.
Equally important is understanding the driving routes being taken. Are drivers taking the safest, most efficient routes? Doing so will reduce distance driven, fuel consumption, and limit CO2 emissions. Lastly, understanding driving behavior can reduce fines and extend the life of the vehicle.
Asset managers value this data to help protect company-owned vehicles and to aid in stolen vehicle recovery, while fleet managers demand this information for cost monitoring, journey management and real-time vehicle monitoring. In addition, smart mobility operators need these insights to manage public and corporate car sharing applications and to make them more efficient.