Partnership to Dramatically Enhance Delivery, Service Call and Vehicle Organization Through Better Management and Analytics Capabilities
SAN DIEGO-Friday 18 January 2019 [ AETOS Wire ]
(BUSINESS WIRE)-- XYO,
the technology that bridges blockchain to the physical world, today
announced a partnership with top Asian vehicle fleet analytics and
management leader DRVR.
The partnership and subsequent deployment of XYO-backed Sentinels are
expected to leverage location-based data to improve the company’s
analytics insights and overall vehicle management.
As
a prominent Telematics and fleet management brand in Asia, DRVR
(pronounced "driver") is a solution provider serving companies managing
vehicle fleets, as well as vehicle manufacturers directly. DRVR uniquely
combines vehicle and fleet monitoring and data analytics, and is
helping to transform the way vehicles and related services are organized
and managed. The company was founded to connect the transport networks
of Asia and is on track to become Southeast Asia’s leading IoT analytics
platform. With business across many nations in the region and thousands
of miles, DRVR offers fleet-management solutions to customers in
Thailand, Hong Kong, Indonesia, the Philippines and Myanmar, and expects
to announce further growth shortly. DRVR customers include global
leaders such as Canon, Carlsberg, Mercedes and DHL.
"From
our first conversation, we have been very interested in what the XYO
team is doing with location verification, specifically as it applies to
our far-reaching work with fleet management and analytics across Asia,"
commented David Henderson, CEO and Founder of DRVR. "We are focused on
turning Asia’s vehicle fleets into the smartest and most cost-efficient
in the world. We're confident that our partnership with XYO will help us
move more quickly along that path, making use of relative location and
other important heuristics."
The
XYO / DRVR partnership, initially centered around location verification
Internet of Things (IoT) beacon technology from XYO, promises to
dramatically improve fleet analytics to industry-leading levels, while
driving down management costs and making the entire system even more
cost-effective. DRVR expects the blockchain-enabled data gathering and
record-keeping to drive significant new business insight and
efficiencies, while maintaining gathered data on a distributed ledger.
XYO will provide the decentralization, location data, and distributed
oracle capabilities.
“We’re
excited about our partnership and look forward to working very closely
with DRVR,” commented XYO Network Co-Founder Markus Levin. “This young
company is already respected for its innovative approach and insights in
the industry. We like partnering with these types of forward-looking
organizations to incorporate blockchain and our XYO capabilities into
existing businesses. We expect to help DRVR create richer data sets and
business efficiencies, which will support the company and their regional
customers, in many concrete ways.”
For more information, visit XYO Network and DRVR.
About XYO Network
XYO
Network is an effort to create a vast, geospatial, blockchain-powered
location network currently under development with the goal to provide
accurate, certainty-driven location data on everything from cars to
smartphones. By combining location beacons with IoT and mobile devices,
the XYO Network ecosystem plans to deliver the verified coordinates and
data needed to execute smart contracts, run smart cities, foster
financial transactions, and power a legion of location-centric applications. For more information, please visit https://xyo.network.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190116005763/en/
Contacts
XYO Media Contact
Larry Smalheiser
Head of Communications
XYO Network
larry@xyo.network