Newcastle-based technology specialist The Algorithm People (TAP) has revealed early details of its forthcoming ‘Fleet as a Service’ (FaaS) platform, which has been shown to offer extensive benefits to operators in trials.
The new platform was announced last month and launches later this year to help operators manage mixed fleets, as they decarbonise and transition to alternative fuelled vehicles.
TAP has already said that the FaaS platform will include its optimisation algorithms, a geocoding service, telematics, predictive maintenance and, where appropriate, vehicle charging technology with billing, enabling users to have a complete view of the status, location and availability of their vehicles in real-time time.
It’s now announced that it will combine its pay-as you-go ‘My Transport Planner’ optimisation service with AFD Software’s geocoding software, delivering two vital components of the FaaS service.
Early trials have already shown widespread benefits for operators adopting the solution.
Colin Ferguson, CEO of The Algorithm People, explained: “Combining our optimisation algorithms with AFD’s advanced geocoding and postcode-lookup service, will generate even greater savings and efficiencies for our clients. We saw a combined 24% reduction in mileage and 17% overall saving in time in trials we carried out, due to the very high accuracy of the address information.”
Ferguson continued: “Our partnership is also part of our wider strategic aims and adds measurable value to our FaaS community. The combined technologies will also help fleets and organisations decarbonise, by reducing the distance travelled and cutting emissions, significantly enhancing our Fleets-as-a-Service proposition.”
Jonathan Stocks, sales and marketing director at AFD Software, added that the partnership would offer an enhanced value proposition with tangible benefits for customers.
“Our Address Validation and Matching technology provides a greater level of location accuracy, which reduces time spent by the driver trying to find addresses and when used in conjunction with The Algorithm People’s optimisation algorithms, delivers a further reduction in mileage,” he outlined.
Colin Ferguson stated: “Working with The Postcode People and our other partners brings FaaS and the possibility of one API and a consolidated billing platform, one step closer. The future for technology providers is collaboration, with the value for fleets, integrated solutions, which when combined, deliver enhanced benefits that cannot be achieved, with multiple stand-alone systems.”
