Australian connected tech company, Directed Technologies, has been recognised as one of the top three most innovative companies in the highly competitive Technology category at the annual Australian Financial Review Most Innovative Companies awards held in Sydney on 27 September.
The tech company scooped a podium finish in the ‘Technology’ category thanks to its innovative solution called ‘e.things’ - a cloud-based platform that harnesses the power of IoT, AI, and telemetry to enhance the monitoring of connected devices, enabling organisations to manage multiple fleet assets, from vehicles, to containers and individuals all through a cohesive single platform.
Used by some of Australia and the world's largest transport and fleet operators, the platform processes Terabytes of data everyday, from sources including near-real time cabin and dash-cam videos, to vehicle safety sensors and everything in between.
Directed Technologies' fleet monitoring systems see an average 90% reduction in driver violations in the first three months. That’s eliminating incidents of harsh breaking and acceleration which comes at a huge maintenance and fuel cost, speeding and other breaches which could otherwise cost lives. It can also create efficiency gains of around 5%, which are significant for an industry that operates on knife edge margins (eg. $50 per truck per refill across a fleet of hundreds or thousands of vehicles each day).
Directed Technologies' innovative automotive solutions are found in more than 2,500 vehicle fleets globally, including leading global automotive brands such as Mercedes-Benz trucks, HINO, FUSO, MACK, Kenworth and DAF.
Brent Stafford, Executive Director of Directed Technologies, said: “We’re delighted to be recognised as one of the most innovative companies in Australia and to win bronze in the ‘Technology’ category.
“Our customers challenged us to find a solution to overcome the barrier of the wider adoption of connected vehicle and IoT solutions. e.things provides a common user experience for visualising and analysing data independent of the device, object or system generating the data. This is implemented in a true enterprise manner with inbuilt secure rights-based data access.
“We’re passionate about the innovative solutions we are continuing to develop, validate and deploy. This is a breakthrough capability that we are expanding into new markets globally.”
Directed Technologies has deployed its services into 22 countries, including Australia, New Zealand, Japan, South Korea, Thailand and South Africa. The business continues to experience accelerated growth as a result of its regional expansion with further growth expected as it pursues a broader entry into automotive market global supply chains.