Technology Leadership Award for Fleet Advantage

Fleet Advantage, a specialist in truck fleet business analytics, equipment financing, and lifecycle cost management has been awarded the Technology Leadership Award for Fleet TCO Optimization Solutions in North America by industry research and consulting firm Frost & Sullivan.

The award recognizes Fleet Advantage’s commitment to technology and innovation demonstrated by the company’s Advanced Truck Lifecycle Administrative Analytics Software (ATLAAS), which allows private fleets and transportation companies to gain granular visibility into unseen costs and performance issues of their class 8 trucks, effectively reducing the total cost of operation (TCO).

Frost & Sullivan confirmed that “ATLAAS has changed Fleet Advantage’s business and is also changing the industry, as the software provides many benefits not only to clients, but also lending institutions, equipment manufacturers, and the general public.”

The consultancy went on to state: “With the probability of Intelligent Transportation Systems (ITS) and Dedicated Short Range Communications (DSRC) on the horizon, Fleet Advantage is just scratching the surface on the amount of data intelligence and analysis that will become available in future versions of ATLAAS to assist clients in making logical, data driven decisions that will drive the lowest cost of operations of their fleet.”

ATLAAS includes information on over 20,000 tractors and the company say it has saved Fleet Advantage clients approximately $40 million in operating costs and has reduced harmful emissions by 125,000 MT since the company’s inception in 2008. ATLAAS uses proprietary business intelligence to determine a truck’s economic “tipping point” and its proper lifecycle replacement timing.