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Announcing Launch of Roadz Unified Fleet Workspace: A Transformative Work Environment for Fleets

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First-of-its-kind, fully integrated, cross-application workspace harnesses the power of Gen AI to help fleets optimize their operations and achieve their business goals

PALO ALTO, Calif., Feb. 7, 2024 /PRNewswire-PRWeb/ — Roadz, a Silicon Valley based fleet-tech company, announced the launch of its Unified Fleet Workspace, a category-defining fleet management solution which helps commercial fleets solve one of their biggest problems: making business and operational decisions based on siloed data from too many applications.

Amit Jain

“We started our journey of integrating the fragmented fleet management solution segment with the launch of the Roadz open ecosystem and marketplace platform more than three years ago,” said Ran Mayroz, founder and CEO of Roadz. “We’re now entering the next phase in our journey with the introduction of the Roadz Unified Fleet Workspace. The data we’ve been integrating across different types of fleet management solutions will now be available to fleet managers in a simple and flexible unified work environment. A recent major survey shows that unification of the work environment across solutions is a top need of fleet managers. We believe that the combination of unified data, a unified work environment, and the power of Generative AI will change the fleet management industry in profound ways.”

The Roadz Unified Fleet Workspace eliminates the need for fleet managers to navigate across multiple third-party applications, each with its own separate data structure and portal. With an integrated view, fleet managers can make smarter and quicker decisions, reduce operating costs, and increase productivity, safety, and compliance. The Roadz Unified Fleet Workspace is available not only to fleets but also to solution providers who can white label the solution and offer it to their fleet customers.

“Nearly half of fleets use more than 10 different fleet management solutions,” said Amit Jain, co-founder and COO of Roadz. “The problem is that most of these solutions are not integrated with each other, with the result being that fleet stakeholders end up with too many dashboards, too many user experiences, and worst of all, suboptimal decisions based on fragmented information. The Roadz Unified Fleet Workspace not only provides a ‘single-pane-of-glass’ experience, but also delivers the ability to make robust and holistic decisions based on real-time, integrated datasets across solutions. Jumping between multiple dashboards and trying to make sense of siloed data is a huge burden for fleet managers and it doesn’t bring the expected results. Roadz wants to put actionable insights at managers’ fingertips to help them achieve their goals.”

Roadz Expands Capabilities with Unified Fleet Workspace

Roadz is already known for powering digital marketplaces for some of the largest global automotive, insurance, and fleet management companies with users benefiting from a one-stop shop of best-of-breed, pre-integrated fleet management solutions. The Roadz ecosystem today includes more than 80 leading fleet management solutions, and is growing each month. Now, with the launch of the Roadz Unified Fleet Workspace, fleet managers will be able to accomplish much more:

— Set business and operational goals and measure them across different solutions and datasets

— Configure dashboards, reports, alerts, and tasks based on unified data

— Have a single source of truth for fleet assets, which automatically pushes updates to different fleet solutions used

To learn more about the Roadz Unified Fleet Workspace, watch this video.

Generative AI Is Coming to Unified Fleet Workspace

In March, Roadz is expected to announce the integration of Generative AI capabilities into the Unified Fleet Workspace, making it possible for fleet managers to ask questions about their fleet operations using natural language. Roadz’s unified Gen AI will provide actionable insights based on unified fleet data to further facilitate effective decision making. With Gen AI capabilities, fleet managers will be able to set their own business goals, generate new types of reports and dashboards, ask for alerts on specific events, and get recommendations and insights, all using natural human language.

Want to try the Unified Fleet Workspace? Commercial fleet operators with at least 100 vehicles under management can apply now to the Roadz Unified Fleet Workspace beta program. For more information, go here.

About Roadz

Roadz, a Silicon Valley fleet-tech company, is transforming the fleet management market from a siloed and fragmented industry into an integrated, open ecosystem. The Roadz platform brings together siloed datasets to solve key challenges for fleets and solution providers. For fleets, the Roadz Unified Fleet Workspace provides an integrated cross-application workspace which harnesses the power of Gen AI to help fleets optimize and achieve their goals. For solution providers, the Roadz Marketplace in a Box platform enables the rapid launch of integrated partner ecosystems and new distribution channels. Roadz customers include some of the largest global automotive, insurance, and energy companies. For more information, visit www.roadz.com.

Media Contact

Kathy Berardi, Roadz, 1 6786444122, kberardi@carabinercomms.com, https://roadz.com/

View original content: https://www.prweb.com/releases/roadz-unified-fleet-workspace-a-transformative-work-environment-for-fleets-302055650.html

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In the News, Industry News

2024 Roadz Buying Guide to Choose the Right Fleet Management Tech

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Are you confident that you are investing in the right fleet technology for your company? 

From improving fuel efficiency to enhancing driver safety, fleet technology solutions offer a wide range of benefits. But with so many options available in the market, finding the perfect fit for your business can be overwhelming. Fret not! In this comprehensive fleet tech buying guide, we’ll walk you through the essential factors to consider and help you make an informed decision.

What Issue are you trying to solve? 

Solve for Short term, Plan for long term
Short Term: What problem are you trying to solve today with Fleet tech? Think broadly for e.g. fuel savings, improved driver safety, better route planning, compliance with regulations, etc .

While looking for solutions to solve this current pain point, look for tech that 

  • Can solve multiple issues Or 
  • vendors who offer multiple solutions in a bundle Or
  • Marketplaces that offer solutions for more than one problem.

Do you want to invest in a solution that would allow you to easily add another solution in the future,
or should you go for one that just meets your current need?


Make a decision not on Price but TCO

Most purchases, especially tech purchases, start with the budget allocated. Typically we look for solutions that fall within our price range. The important questions to be asked with respect to Fleet tech is Total Cost of Ownership (TCO). Calculating TCO includes – 

  • Cost of Acquisition – This covers the initial purchase price/licensing fees, installation (one time), maintenance (typically monthly), and implementation cost
  • Cost of Operation – Does your acquisition cost also include cost of operation? Things like training the team to use the tool, customer support, routine maintenance (if there is hardware). If not, what are the charges on that?
  • Cost of growth and update – Are their additional fees for new users/licenses? For Patches to fix bugs? Expenses for new versions of the software to replace or enhance the existing solution. Costs related to industry regulations and standards

For many of the solutions, negotiations should not be on price alone but also on other benefits included for the price charged


Integration across Solutions for Optimal Reporting and Decisions 

Not many solutions offer integrations with other popular solutions in Fleet tech. However, picking ones that do, helps fleet leverage great advantages that integrations provide, namely 

  • Enhance Efficiency and Productivity – Integrated solutions allow solutions to talk to each other. Integrating data from different solutions results in less time trying to manually collate data from different sources. All lead to greater efficiency and better use of resources
  • Improve Data Accuracy and Consistency – When Data, Insights and reporting are integrated, there is ‘One-source-of-truth’ in data. With GenAI tools, insights are based on verified data and in real time
  • Streamline Reporting and Analysis – One source of truth leads to a single pane of glass reporting, without having to spend time, and effort for manual work and greater accuracy
  • Enable Seamless Workflow and Communication

While it is critical to ensure there is integration with the tech already in the company, the need of the hour is how well does their data integrate with other solutions? 

More and more fleet managers do not have an issue with performance data but more with gaining consistent insights and data that can be meshed together to provide a holistic view.

Does the company you are considering offer this?

Innovation and Scalability

Future proofing the fleet tech solution you are considering is crucial to ensure not only to retain the advantages from the technology you are investing in but also to ensure you dont waste valuable resources on evaluating the same tech again. Some things to consider for future proofing is to see if your solution is 

  • Adaptable and scalable –  Will it meet the evolving needs of your fleet as technology continues to advance. 
  • Does it offer regular updates and enhancements to keep up with industry trends and address emerging challenges. 
  • Is it Compatible with other systems and technologies, as this will allow for seamless integration and future expansion. 
  • On the trajectory of frequent Innovation and Growth – How often do they release a new feature? How does their feature list compare with other competitors?

Investing in a future-proof fleet tech solution will not only save you time and money in the long run but also give you a competitive edge in a rapidly changing market

Conclusion:

In conclusion, when it comes to buying fleet tech, there are several key factors to consider. Firstly, it’s important to assess the current specific needs and future goals of your fleet operation. This will help you determine what features and functionalities are essential for your business. 

Secondly, Future proof the solution you consider on TCO and on Innovation. Additionally, seeking feedback and recommendations from other fleet operators can provide valuable insights. 

Lastly, it’s important to keep in mind that fleet technology is constantly evolving, so choosing a solution provider that offers data integration is crucial to realize the maximum benefits from the solution and drive holistic and optimal business decisions.
GenAI, In the News, Industry News

Generative AI – The Dawn of a New Era in Fleet Management

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The field of artificial intelligence is evolving rapidly with the rise of large language models (LLMs) capable of natural language interactions. Commonly referred to as generative AI, these new systems have immense potential to change how businesses operate. When given access to a broad set of unified fleet data generated by diverse fleet technology solutions, generative AI has the potential to revolutionize fleet management through personalized AI fleet management assistants, advanced business intelligence capabilities, and the automation of complex processes.

Traditional vs. Generative AI

Traditional artificial intelligence systems are designed to achieve specific tasks by analyzing large amounts of data and creating statistical models. Generative AI is different – it is pre-trained on vast amounts of online text, enabling it to ‘understand’ language like humans. This bridges the gap between humans and computers and enables generative AI to tackle a much wider range of challenges through natural language interactions instead of requiring new programs or models to be developed. This development will have massive impact on many industries in a short time frame, including fleet management. 

The Challenge of Siloed Fleet Data 

One of the biggest headaches for fleets is making sense of huge amounts of data coming from a variety of disconnected solutions such as telematics, maintenance, fuel cards, toll payments, driver logs, safety solutions, route optimization, driver training and more. Each of these systems generates valuable data, but stores data independently in siloes without a common framework. As a result, fleet managers struggle to uncover holistic trends and optimize operations based on the full picture. A recent industry survey found that 46% of fleets use more than 10 technology solutions to manage operations while 30% say they are using too many solutions to count.  Another recent survey found that 48% of fleet managers say that the most helpful technology would be one platform that provided all the information they needed to manage their fleet in one central place.

First Step: Unifying Data

Like human fleet managers, Generative AI fleet management assistants or ‘agents’ would need access to unified fleet data across technology and business solutions to help achieve business goals. Connected-vehicle data alone isn’t enough for making smart recommendations and optimizing fleets. Unifying data from a broad set of solutions used by fleets and normalizing it around fleet assets can be done using flexible data platform designed from the ground up for such a task.

Harnessing the Power of Personal AI Fleet Management Assistants

Once data from a broad set of solutions is brought together, generative AI ‘agents’ can be trained in fleet management basics using simple human language, so they can act as AI assistants for fleet operators, alerting them on key issues, making recommendations, and automating processes. These assistants can then be coached on the unique business environment, rules, and context of each fleet. The result is a new level of flexibility that addresses the current challenge – fleets are all different from one another, and often one-size-fits-all solutions miss the mark. As AI assistants learn from ongoing human feedback, their value increases over time and becomes an extremely powerful tool for achieving business goals. 

Conclusion

Generative AI is a game changer that will transform fleet management. The key to unlocking this unique business value is the unification and normalization of data from different fleet solutions. It also takes development of frameworks for running fleet management AI ‘agents’ and facilitating smart two-way interactions with fleet managers and other company operators. As we tap into the power of Generative AI, the future of fleet management brings the promise of timely and applicable insights, flexibility, and unprecedented efficiency.

More to come – stay tuned for our next blog on Gen AI’s impact on fleet management

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Industry News, Uncategorized

Navigating the Nuclear Verdicts Landscape: The Crucial Role of Insurance

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The surge in nuclear verdicts is causing a seismic shift in how businesses, particularly in the trucking segment, approach liability and insurance. Recently, industry leaders at Protective Insurance, SambaSafety, GPSTrackit, and more gathered for a virtual panel discussion on the “Impact of Fleet Technology on Nuclear Verdicts and Safety.” This article includes many of their insights and explores the intricate world of nuclear verdicts, their ties to social inflation, and the indispensable role of insurance in safeguarding businesses against these financial juggernauts. 

Key Takeaways:

  • Nuclear Verdicts Impact: Court judgments over $10 million, known as nuclear verdicts, are increasingly affecting businesses, especially in trucking, due to social inflation and changing litigation attitudes.
  • Insurance Industry Response: The rise in nuclear verdicts has strained the insurance sector, with most insurers paying more in claims than they earn in premiums.
  • Technology’s Role and Limits: Technologies like dash cams are vital for risk mitigation but need to be paired with proper policies for effectiveness.
  • Insurance Premiums Impact: Increasing nuclear verdicts lead to higher insurance premiums, underscoring the need for comprehensive coverage and risk management.

Nuclear Verdict FAQ

What is a nuclear verdict?

A nuclear verdict, defined as a court judgment that exceeds $10 million, is a significant concern for businesses, demanding a reevaluation of risk management and insurance strategies. These types of verdicts have seen a significant rise in recent years. The term “nuclear” is used to denote the substantial, potentially company-ending financial impact these verdicts can have on defendants — especially small to medium-sized businesses.

What causes nuclear verdicts? 

Several factors have contributed to the rise in number of nuclear verdicts, including:

  • Juries have started imposing significant punitive damages: Concrete evidence of safety violations, especially if they result in accidents or fatalities, can lead to massive penalties. Juries might see these violations as evidence of negligence or disregard for public safety.
  • Legal Representation: The strategies and skills of plaintiff attorneys can play a significant role. A well-presented case can magnify the perceived wrongdoing and influence the jury’s decision.

Lack of Proper Documentation: In the context of the trucking and fleet industry, failure to document safety measures, adherence to regulations, and employee training can lead to a lack of defense in lawsuits, making nuclear verdicts more likely.

Contributing Factors to Rising Nuclear Verdicts

What are nuclear verdicts in social inflation?

Social inflation refers to the rising costs of insurance claims due to societal factors and trends, rather than directly from economic inflation or rising healthcare costs. Nuclear verdicts are a prime example of social inflation. In the context of social inflation, nuclear verdicts can be seen as a consequence of changing societal attitudes towards litigation, where juries are more willing to award large sums to plaintiffs as a way to penalize companies perceived as wrongdoers. Social inflation, with nuclear verdicts as one of its manifestations, has led to increasing insurance premiums for businesses, especially in the trucking and fleet sectors.

What are the trends for nuclear verdicts?

The trends in nuclear verdicts are alarming, with an increasing number of cases resulting in massive financial compensations. These verdicts, fueled by social inflation, reflect a change in societal attitudes towards litigation, leading to larger awards against businesses, particularly in personal injury lawsuits. The financial burden is colossal, as highlighted by the 2022 data showing that of the top 20 Commercial Auto insurers, only two maintained a combined ratio (a metric for evaluating the profitability and financial health of an insurance company) of less than 100. To get a combined ratio—or CR—the total sum of incurred losses and expenses is divided by the earned premium.

In short, insurance companies are paying for losses at a much higher rate than they used to. SMBs usually use guaranteed insurance products, which are capped, so they can easily go out of business if hit by a nuclear verdict. This stark reality underscores the importance of insurance and sets the stage for an in-depth exploration of its role in mitigating the risks associated with nuclear verdicts.

“In 2022 of all the top 20 Commercial Auto insurers only two had a combined ratio less than a 100 –  so simply put – for every dollar that they took in in premium only two were bringing were spending less than a dollar in expenses including claims so pricing is key.”

 -Harry Storck, Protective Insurance

The Staggering Cost of Crashes

Crashes cost employers a staggering $39 billion annually, translating not only to significant financial loss but also to the intangible cost of lives lost and reputations damaged. The billion-dollar verdict in Florida serves as a stark reminder of the potential repercussions, emphasizing the need for comprehensive insurance coverage and robust safety protocols.

Insurance in the Age of Nuclear Verdicts

In navigating the turbulent tide of nuclear verdicts, insurance emerges as a digital co-pilot, guiding businesses through potential legal pitfalls. Technology, particularly dash cams and telematics, plays a pivotal role in how insurance companies are helping their insured mitigate risk. However, it’s crucial to note that technology alone is not a silver bullet. As the industry has observed, a decade of telematics in commercial trucking fleets did not result in insurance rate reductions due to performance issues. This reality underscores the necessity of coupling safety solutions and technology with the right policies and frameworks to truly mitigate risks.

Dash Cams to Address Fraudulent Claims

The Domino Effect on Insurance Premiums

Nuclear verdicts have a direct and significant impact on insurance premiums. As the size of verdicts increases, insurance companies are forced to adjust premiums accordingly to remain financially viable. This domino effect results in a challenging environment for businesses, emphasizing the need for proactive risk management and comprehensive insurance coverage.

Monitoring & Analytics: Assessing and Mitigating Risks

In this volatile environment, the adoption of monitoring and analytics is non-negotiable. Businesses must leverage advancements in technology to assess and mitigate risks proactively. Robust documentation is a powerful tool in legal defense and claims management. It provides tangible evidence of adherence to regulations and implementation of safety measures, strengthening a business’s position in the event of litigation. In essence, it becomes the linchpin in the legal arena. As one of the panel experts put it, “if you’re not documenting what you’re doing, you’re going to have a very, very tough time when you’re called on the witness stand.”

How Underutilization Increases Risk of Nuclear Verdicts

At Fleet Store, we understand the unique challenges that commercial fleets face, and we are committed to providing comprehensive solutions to help businesses navigate these turbulent waters. Our suite of fleet management tools, combined with a wealth of resources for driver management, offer an invaluable asset for businesses looking to proactively manage risks and safeguard their operations.

Watch the full webinar to access the full discussion on nuclear verdicts and arm yourself with the knowledge and strategies needed to navigate this challenging landscape.

Watch Webinar
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Company News, Industry News, Uncategorized

How to Master the Challenges of Contemporary Fleet Maintenance

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Once seen as a mere logistical chore, fleet maintenance has evolved to become the backbone of the entire commercial vehicle industry. As technology continues to shape and redefine the industry, businesses must adapt to stay ahead of the curve. However, like every integral process, it comes with its unique set of challenges.

From escalating costs in parts, labor, and downtime to the skilled labor shortage, the task of maintaining a fleet has never been straightforward. Add to this the increasing environmental concerns, with stringent emission regulations and the push for greener alternatives, and the picture becomes even more complex. But every challenge presents an opportunity. Enter Roadz — the harbinger of a fleet maintenance revolution.

What is Fleet Maintenance? A Brief Primer

At its core, fleet maintenance is the systematic process of keeping a company’s fleet of vehicles in optimal condition. This includes regular inspections, repairs, and preventive measures to ensure the longevity and efficiency of each vehicle. Why is fleet maintenance so crucial? For businesses, a well-maintained fleet means reduced downtime, fewer accidents, and a better brand image. It’s not just about preventing breakdowns; it’s about ensuring each vehicle operates at its peak, maximizing ROI and ensuring safety.

What are the Types of Fleet Maintenance? The Key Elements

Traditional fleet maintenance focuses on preventative and reactive measures — including scheduled checks to prevent potential issues as well as swift solutions to problems, to ensure minimal downtime. All of this is documented in a meticulous system that tracks all services, repairs, and inspections, ensuring compliance and transparency. 

Enter the age of technology. With the integration of AI, Machine Learning, and the Internet of Things (IoT), the fleet maintenance landscape is undergoing a seismic shift. Now fleet maintenance looks more like this:

  • Predictive Maintenance: Leveraging AI and data analytics, businesses can now foresee potential issues, allowing for timely interventions and reduced downtime.
  • Connected Vehicles: IoT has ushered in an era of connected vehicles, enhancing real-time monitoring, data collection, and remote diagnostics.
  • Sustainability: Emphasis on green solutions and electric vehicles is driving businesses to adopt eco-friendly fleet maintenance practices.

How to Keep Track of Fleet Maintenance

The paradigm of fleet maintenance is shifting. With the Open Fleet Ecosystem, Roadz connects commercial fleets to an interwoven world of smart solutions. It’s not just about maintenance; it’s about smart maintenance. This approach offers a holistic view of fleet maintenance, connecting various solutions into a cohesive system.

By providing a centralized hub, Roadz offers a range of pre-vetted solutions, from vehicle inspection software and AI-driven safety measures to real-time health monitoring and predictive services. Plus, with unified data and billing, fleet managers can streamline their processes like never before. Whether you’re a solution provider looking to expose your innovative tools to a vast audience or a business aiming to launch a marketplace, Roadz offers a platform that caters to diverse needs. Roadz’s ecosystem is designed to deliver value across the board:

For Fleets

Get a one-stop shop experience with pre-integrated solutions that can be trialed with historic fleet data. Roadz emphasizes curation and validation, ensuring fleets get the best solutions tailored to their needs.

For Solution Providers

Simplify operations, offering access to normalized vehicle, driver, and fleet data. The platform streamlines agreements and billing, making customer acquisition more efficient.

For Marketplace Hosts 

Transform the traditional walled-garden approach into an open platform. The result? Improved customer acquisition, loyalty, and higher revenue per customer.

Partner Spotlight

Roadz boasts a diverse range of partners, across a dozen major categories and over 25 subcategories of the smart fleet ecosystem, each bringing a unique solution to the table. 

The list goes on, from driver training platforms to advanced driver-assistance systems, this partner ecosystem is vast and varied. A white-label marketplace powered by Roadz offers a unique user experience to fleet stakeholders who can browse and buy curated solutions via a unified interface, and make optimal business decisions based on integrated data.

The Road Ahead

The future beckons with exciting possibilities. AI and Machine Learning are not just buzzwords; they’re set to redefine how we approach fleet maintenance. IoT paves the way for connected vehicles, and sustainability is no longer a choice but a necessity.

Roadz is not just another fleet management platform; it’s a movement towards smarter, more efficient fleet operations. By connecting commercial fleets to a data-enabled marketplace of solutions, Roadz is setting the gold standard in fleet maintenance and management. Join the revolution.

Contact Roadz
truck in a maintenance shop
Company News, Industry News, Uncategorized

Demystifying the Digital Revolution of Fleet Management

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In the age of rapid technological advancements, industries across the board are undergoing significant transformation. Fleet management, once dominated by manual processes, is now at the forefront of this digital revolution. With challenges like constant delay and breakdown in  operations, unpredictable operating costs, and safety concerns, the shift towards digital fleet management was not a nice to have, but mission critical. The fleet management industry is projected to reach USD 34.0 billion by 2025, growing at a rate of 11.3%. At Roadz, we’re not merely spectators of this revolution; we’re the trailblazers.

The Inevitable Shift from Traditional: What is Digital Fleet Management?

Traditional fleet management, with its manual processes and paper trails, has long grappled with challenges. Sluggish operations, unpredictable operating costs, and ever-present safety concerns have been persistent hurdles. These challenges underscore the pressing need for digital solutions. Digital fleet management is more than just a buzzword; it’s the integration of cutting-edge technology into the vehicle, people and work management.This transition from traditional methods offers a plethora of benefits, from operating cost savings to improved safety and productivity. This concept dovetails into the vision of smart fleet management.

What is smart fleet management?

Smart fleet management is more than a concept; it’s a vision of the future. It’s about harnessing the power of smart devices, data sharing between various fleet management solutions, machine learning and AI to create a seamless, efficient, and safe fleet operation. Today, 93% of US fleets with 50+ vehicles employ the use of telematics products in their fleet management strategy. Imagine a system that is not just reactive but anticipates and offers actionable recommendations. For instance, by analyzing past patterns and feeding the diagnostic data from a telematics system into a predictive maintenance application, one can predict maintenance needs prior to vehicle breakdown. Real-time weather and traffic reports can be fed into a route optimization solution to reduce windshield time, resulting in higher productivity. At Roadz, we envision smart fleet management as the future of fleet operations, seamlessly blending state-of-the-art technologies with real-time insights. The goal is to empower decision-making with data at its core. 

What Technology is Used in Fleet Management?

We are the vanguard of fleet management’s digital transformation. Our commitment to innovation is evident in our adoption of cutting-edge technologies that elevate every facet of digital fleet management.

Central to our approach is normalizing, contextualizing and sharing data between numerous fleet management solutions. For instance, these include GPS tracking,  cameras, driving training, fuelcards, maintenance platforms and many more types of solutions used by fleets today. We are in the process of integrating data from over 35 different types of solutions. This allows us to make timely and actionable recommendations based on a holistic view of the data. Fleet operators can leverage these recommendations to lower operating costs and improve safety and productivity.

With our comprehensive and unique approach to fleet management, Roadz is not just navigating the future of fleet management; we’re shaping it. 

Benefits of Digital Fleet Management

Why does Roadz champion a connected Fleet Management Ecosystem? The move to is not just a trend; it’s a necessity. Manual processes are time consuming and prone to errors. Lack of data integration among systems leads to suboptimal decisions. Smart solutions offer digitization, accuracy, quick decision making based on a combined view of data ensuring operations run efficiently and cost effectively. Here’s a breakdown:

  • Integration for Real-time Monitoring & Enhanced Communication: Advanced technologies such as telematics, AI based cameras, fuelcards, and maintenance platforms can be integrated to monitor and improve manage fleet operations. Real-time information on vehicle location, driver behavior, fuel consumption, and more allows for immediate decision-making and adjustments. Integrated communication tools facilitate seamless communication between drivers, dispatchers, and management, ensuring everyone is on the same page.
  • Analytics & Automation: Digital fleet management tools collect vast amounts of data, which can be analyzed to gain insights into operational efficiencies, maintenance needs, and driver performance. Many tasks, such as route optimization, maintenance scheduling, and regulatory compliance, can be automated, reducing manual input and the potential for errors. Optimizing routes, predicting maintenance needs, and reducing downtime, can lead to significant cost savings as well.

What Makes a Good Fleet Management System

A truly effective ecosystem should be intuitive, effortlessly guiding users through its features. As fleets evolve and expand, our system is designed to scale in tandem, ensuring that growth never outpaces capability. Integration is key—our platform seamlessly merges with various business systems, creating a cohesive operational environment.

Certain features—and Hallmarks of Roadz’s Ecosystem— are indispensable. A system should be user-centric, prioritizing an intuitive interface that caters to its users. It’s essential to have a forward-looking approach, ensuring scalability to accommodate fleet growth and embrace emerging technologies. Integration should be seamless, bridging various business infrastructures effortlessly. Above all, unwavering security and data integrity aren’t just desirable—they’re imperative.

The Road Ahead with Roadz

Our commitment to excellence is reflected in detailed reporting and deep insights that drive informed decisions. We recognize the transformative power of digital fleet management solutions, and we’ve embedded them at the core of our operations. This positions us, and our partners, at the forefront of industry evolution.

Remember the days of manual processes and guesswork? Those days are behind us. The future is digital fleet management, and it’s time to not just embrace the change. It’s time to be that change. The metamorphosis of fleet management from its traditional roots to a digital powerhouse isn’t a mere industry trend—it’s a movement. At Roadz, we’re leading the charge. 
Our emphasis on creating a holistic “smart fleet ecosystem” and championing data-driven solutions is our commitment to the future. Join us on this transformative journey. Embrace the future, harness the power of digital fleet management, and drive forward with Roadz.

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Announcements, Company News, In the News, Industry News

Powered by Roadz, Fleetstore Simplifies Fleet Management with One-Stop Solutions

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Roadz launched in 2018 to become the central source for best-of-breed fleet management solutions. The platform helps commercial fleet operators find, procure, integrate, and implement the right solutions to address a full spectrum of fleet management needs, from ways to control operating costs to optimizing productivity to addressing safety and regulatory compliance.

With many years of fleet industry experience under their belts, the founders of Roadz realized that busy fleet managers need help discovering the exact right fleet management products for their needs within a rapidly growing and continuously changing industry. Multiple OEM challenges, broken supply chains, vendor mergers and acquisitions, fueling and charging confusion, shifting fleet performance metrics, and increasing regulations are just some of the issues that have made the procurement of digital fleet solutions a time-intensive, high-risk undertaking.

A Single, Intelligent Resource for a Multitude of Fleet Solutions
The Roadz team set out to develop an online SaaS (Software-as-a-Service) solution that connects a fleet not only with products from leading vendors but with pertinent technical and integration data to connect these applications together for greater operational visibility and decision support. Through the service, fleets can finally address their software needs faster and with unsurpassed technical and price assuredness.

Roadz’s newest SaaS marketplace is called Fleetstore, a Bosch Initiative. The sole aim of the branded marketplace is to bring together curated solutions from a range of top vendors in over 13 critical fleet management categories. The digital platform includes solutions to assist commercial fleets of all sizes in monitoring operational expenditures, workforce productivity, safety and regulatory compliance. The one-stop shop helps fleet operators save time and money by utilizing an intuitive marketplace user interface that enables fleet managers to discover, compare, and purchase solutions in a central location.

“We’re interconnecting the data from these solutions as well as offering the solutions to fleets at channel pricing,” said Amit Jain, Chief Operating Officer at Roadz. “We’re uniquely qualified to pass on the savings through our business model and have already received a tremendous response from smaller fleets that do not have the luxury of negotiating such pricing. The solutions in Fleetstore run the gamut from distracted driver prevention and driver training to roadside assistance, telematics, and much more.”

‘Smart Recommender’ Drives Fleets to the Exact Right Solution
Fleetstore is designed with an easy-to-use, consumer-like user interface that simplifies fleet managers’ purchases of the best solutions for their needs. In particular, the platform’s Smart Recommender function asks a few simple questions to efficiently drive fleet managers to the best solution for their size and vertical. Previously, fleet managers had to conduct general searches online to find the right fit among a multitude of choices and confusing claims. Complicating the situation was a lack of integration information and a dearth of pertinent use cases.

“A solution for an operator in the long-haul trucking industry won’t necessarily meet the needs of a business in the construction industry, for example,” noted Jain. “Likewise, a solution for a 1,000-vehicle fleet isn’t likely to help a company with just 10 vehicles. The Smart Recommender alleviates these problems, and a fleet manager gets the right solution to fit their precise needs.”

Additional Fleetstore Benefits
Fleetstore helps smaller fleets to leverage otherwise unavailable negotiated and channel pricing. What’s more, the savings are passed along through a single bill for all of the solutions purchased.

“A unified bill resolves potential complexities when putting together an end-to-end solution. Especially in smaller fleets, the same person is wearing multiple hats, and one unified bill is a lifesaver,” said Jain, who in the past has also worked in fleet-related positions for GE and Verizon and has talked with over 800 fleet operators about their needs. “I’ve seen fleets try many solutions over the years, and frankly, there’s a big churn problem. Why? Because after trying novel solutions, sometimes, the solution is just not a good fit.

“By picking the right solution from the get-go, Fleetstore customers save a lot of time and money in the long run by adopting the best solution for their needs from the start. They don’t need to waste time trying different solutions or pulling information from different sources, which may or may not work. In fact, the data integration enabled through Fleetstore not only saves on the cost of trying to integrate the solutions yourself, it also delivers greater visibility across a fleet’s entire operations. With the Fleetstore marketplace, you get holistic-based decisions in a fraction of the time and at a reduced cost.”

Success Stories
An example of one company that successfully used Fleetstore is a fleet already using a telematics solution. They purchased a predictive maintenance solution. Because a predictive maintenance solution cannot operate in a vacuum, a code was needed from the vehicle fleet to be sent to the application to provide the wealth of data that Fleetstore maintains.

Another success story of a user of the Fleetstore marketplace is a fleet company that purchased driver training solutions. While other providers give out LMS (Learning Management Systems) of general driver training modules that may not be best for them, Fleetstore provides training specific to drivers based on driving behavior. This is possible because of the integration of telematics solutions, which gives insight into individual drivers.

Since Fleetstore’s launch, many operators have changed from trying to search for solutions and integrate them on their own to using the simple, centralized marketplace that provides data integration along with competitive pricing and assistance in finding the best solution fit from a range of curated, best-in-class vendors.

According to Jain, in addition to Fleetstore, Roadz is powering digital marketplaces for leading telematics service providers and commercial auto insurers and is also in the process of launching digital ecosystems for leading energy companies, automotive OEMs, automotive suppliers, and other fleet-management companies.

roadz electrify logo overlay with semi truck in mountains
Announcements, Company News, In the News, Industry News

Heavy Duty Truck Electrification Rolls On in California

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In recent years, there has been a growing trend towards the adoption of electric trucks in the commercial trucking industry. This trend is particularly evident in California, where the state government has implemented a range of initiatives to promote the use of electric trucks, including the deployment of class 8 electric truck fleets. 

Class 8 electric trucks are heavy-duty commercial vehicles designed for long-haul transportation. These trucks have a gross vehicle weight rating (GVWR) of over 33,000 pounds and are typically used for hauling freight over long distances.

California’s class 8 electric truck fleets are part of the state’s efforts to reduce greenhouse gas emissions and improve air quality. According to the California Air Resources Board (CARB), medium and heavy-duty trucks account for 23% of the state’s greenhouse gas emissions and are a significant source of air pollution.

To address this issue, CARB has set a target of 100% zero-emissions  truck sales by 2045. To achieve this goal, the state has implemented several initiatives to promote the use of electric trucks, including financial incentives, charging infrastructure, and regulatory mandates.

One of the most significant initiatives is the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). HVIP provides vouchers to fleet owners who purchase zero-emission trucks, including class 8 electric trucks. These vouchers can be used to offset the higher purchase cost of electric trucks, making them more affordable for fleet owners..

The adoption of class 8 electric truck fleets in California is still in its early stages, and there are several challenges that need to be addressed. These include the high upfront cost of electric trucks, the limited range of electric trucks compared to diesel trucks, and the need for more charging infrastructure.

Despite these challenges, the deployment of class 8 electric truck fleets in California represents a significant step forward in the state’s efforts to reduce greenhouse gas emissions and improve air quality. As technology continues to improve, and charging infrastructure expands, we can expect to see more and more class 8 electric trucks on the roads of California and beyond.

roadz electrify logo overlay with semi truck
Announcements, Company News, In the News, Industry News

Announcing the Roadz-electrify Ecosystem

Over the last few years Roadz, a Silicon Valley fleet-tech company, has pioneered and created the first open, connected ecosystem of smart fleet solutions. By working together and sharing data between them, the companies in the Roadz ecosystem provide commercial fleets with an accelerated path to cost optimization, safety, and overall efficiency in operations.

Today, as the world becomes more conscious about the impact of climate change and pollution, there is a growing demand for sustainable and eco-friendly transportation of people and goods by fleets. Electric vehicles (EVs) have emerged as a viable option for companies looking to reduce their carbon footprint and minimize their impact on the environment. 

This inevitable and fundamental shift for fleets from internal combustion engine (ICE) vehicles to EVs has begun!   

At Roadz we know that this transition will be quite difficult and complex for fleets. Many companies that successfully operate fleets today are just starting to understand the technical, business, and operational complexities related to converting a fleet to electric vehicles. Selecting the right EVs and building an infrastructure to charge them is a big challenge, but that’s just the beginning. Integrating EVs with existing fleet ICE vehicles across applications such as dispatch and routing, maintenance, telematics, and other fleet management solutions, will be a difficult and complicated task.

So once again, now more than ever… fleets will require an ecosystem of solution providers and vendors to support the conversion. Over the coming months Roadz will expand its connected ecosystem of fleet service providers to include providers focused on electrification, electric vehicles, green infrastructure, and other clean technologies.  

The ‘ROADZ-electrify’ ecosystem will become a one-stop-shop for companies looking to make the switch to EVs. It will offer a wide range of technical, business, financial and operational resources to help companies navigate the process of converting their fleets to electric vehicles.

In the coming months, as this ecosystem grows, we will explore in our blog the many challenges that are faced by fleets (big and small) in the electrification journey and the service providers in the ROADZ-electrify ecosystem that are rising to meet the challenge. 

All over the world commercial fleets are paving the way for a greener, more eco-friendly future. 

The Roadz-electrify open ecosystem will be a valuable resource to these fleets in their electrification journey.

fleet trucks lined up outside of warehouse
In the News, Industry News

Digital insurance empowers SMB fleets to finally compete with enterprise companies

Opportunities that were once out of reach for SMB trucking fleets, have become increasingly accessible thanks to AI and smart solutions like route optimization and load matching. Insurtech companies like Roadz partner Loadsure, continue to enable that trend by offering small trucking companies immediate access to cost-effective, per-load insurance coverage, further leveling the playing field for fleets across the board and giving SMBs the chance to compete with enterprise companies and seek new business opportunities.

The digitalization of insurance offers SMB fleets these benefits: 

  • Access to scalable solutions that create efficiency and don’t require enterprise-level resources 
  • Opportunity to service high-value loads without the pressure to purchase expensive annual policies
  • The freedom to book loads with insurance carriers of their choice rather than going through a cumbersome search for high limit carriers 
  • The ability to operate as a one-stop shop, supporting customer retention and opening doors for pursuing new business opportunities

Innovative companies in the fleet space like Loadsure and Roadz share similar aspirations to offer fleets of all sizes access to smart solutions that improve efficiency, foster innovation and lead to more growth. 

Click below to read Loadsure’s recent article on the impact of digital insurance on SMB fleets.

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