OMNICOMM AND AERIS ANNOUNCE PARTNERSHIP TO LAUNCH FUEL MONITORING SOLUTION IN INDIA
The collaboration between Aeris and OMNICOMM in India will enable Aeris to augment its IoT solution and services portfolio with the addition of a fuel monitoring feature from OMNICOMM. This helps the company to address fuel wastage and theft across sectors including logistics, transportation, construction and locomotive transport.
In India, these industries are undergoing challenges ranging from a lack of data for effective fleet utilization, fuel theft to poor vehicle safety. Fleet operators at every scale face difficulties in preventing fuel siphoning and high fuel consumption due to bad driving habits. Finding reliable ways to monitor fuel consumption requires automation without human intervention.
OMNICOMM will add fuel management capabilities to Aeris’ mobility suite and extend its application areas to medium and heavy vehicles, special machinery, diesel generators and stationary storage tanks. Existing Aeris fleet management applications can also be enhanced with OMNICOMM fuel monitoring.
Mr. Mohit Mehrotra, Managing Director (India) at OMNICOMM explains, “OMNICOMM’s fuel sensors automate fuel consumption monitoring and optimize fuel management, helping fleet companies to reduce operational costs. We are happy to join hands with Aeris as a strategic partner and our joint go-to-market initiatives will bring value-added services for our clients.”
Fuel consumption is a priority concern for fleet monitoring solution customers, and 70% choose a solution for its fuel monitoring capabilities (Frost & Sullivan, 2017). A recent survey of fleet managers by Software Advice revealed that a whopping 53% say fuel costs exceed projections very frequently. This is an alarming situation, since fuel costs comprise a major share of operational costs. Investing in a robust fuel monitoring and management solution is becoming a critical rather than an optional requirement for many businesses.
“While you may trust your drivers, have you effectively removed the temptation to ‘commit a crime of opportunity?’ Is your fleet at risk for fuel theft or shrinkage, that you are unaware of? Unfortunately, as the price of oil increases, there is an increasing chance that your business could be at risk from fuel over-consumption,” says Mr. Sameer Mahapatra, Country Sales Head-India & SAARC at Aeris Communications. “We at Aeris have entered into a strategic partnership with India’s leading fuel monitoring company, OMNICOMM. This complements our IoT suite and opens up a new market segment in India and the SEA market.”
March 2, 2020