Seeing Machines Ltd - Fleet Update
Seeing Machines Limited
Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, is pleased to provide a comprehensive, year to date update on its Fleet (Aftermarket) business.
The Fleet business has and continues to grow despite the challenges posed by COVID-19 and subsequent lock-down orders, specifically in the Southern Hemisphere where recovery has been reasonably pleasing albeit with continued caution. At the end of
Driver monitoring technology is fast becoming central to safety across commercial transport, following the considerable global momentum in the automotive industry. In
As DMS has become centre stage across Automotive and now, the Fleet industry globally, Seeing Machines is heavily focused on working with government and regulatory bodies to influence the case for DMS as a safety enabler, with a view to seeing it listed as a mandatory technology across multiple geographies.
Accelerating installations and increased sales of Guardian is a key component of the success of the Seeing Machines business overall and the Company remains focused on building the strength of the Fleet business.
Max has spent over ten years leading telematics businesses, Radius Telematics Australia and Ctrack by Inseego, and has previously managed divisions and channels for Siemens across
Seeing Machines has grown its channel-based sales globally and now has a total of fifteen distributors across
AutoSense NZ began distributing Guardian in 2015 and, with exclusive distribution rights in
AutoSense NZ has committed to a milestone of 4,000 connected Guardian units by June next year and has just signed a contract with Dynes, a fleet of 150 trucks and Toll NZ, a fleet of 100 trucks this month.
Seeing Machines Latin America ("SMLA") is a long-time distributor of the Company's Guardian solution and has been working with many large and established fleets to test, prove and deploy the technology across large and small transport and logtistics companies in
Two featured companies represent the growing acceptance of camera based driver monitoring technology as safety enablers in their organisations and the adoption of Guardian has demonstrated the benefits across their growing fleets.
Arauco Forestry is a globaly forestry company who pride themselves on world-class technology to add value to their processes across their entire value chain. They deliver products to over 3,500 clients via 223 ports across the world. Since implementing Guardian across their fleet of 530 vehicles, they have seen a remarkable decrease in microsleeps (from 5.3 events every 100 hours, to 1.6 events). This 68 percent reduction demonstrates permanent improvement in safety practice and policies and was implemented with a detailed change management plan in place - including driver talks, breakfast meetings with management, providing operatng material and communication of the objectives of installing this safety technology, and positions Arauco as a leader across its industry, globally.
The Chilean national oil company, ENAP (Empresa Nacional de Petróleo), conscious of the growing rate of fatigue and distracted related accidents across the country and around the world, decided to implement a risk management project acorss it's global enterprise, featuring the use of fatigue prediction technology and monitoring of individual driver behavior.
"The root of this project is the need of promoting, implementing and managing the prevention and safety of ENAP's employees. This initiative is additional to our commitment and responsibility towards our suppliers and drivers, who directly provide their services in the transportation field. In consequence, our duty will be to find tools to help protect them during their journey, so they can come home unharmed," said
To carry out this initiative, ENAP relied on the expertise and proven success of Seeing Machines' Guardian, and combined this with the expertise of fatigue management company, Gauss Control. The incorporation of both companies helped to create a unique platform with the sole purpose of managing fatigue risk and driver behavior follow up.
ENAP was able to reduce microsleep events by 90%, and the accident rate dropped 55% between 2017 and 2019, a reality for ENAP in permanently and progressively implementing safety and prevention policies for their employees.
"Mike's transition to Chief of Human Factors and Safety is fundamental to our growing influence as a technology leader and I have no doubt his uninterrupted focus on that will positively impact our business, but will also ensure we are respected as experts, something which makes me extremely proud."
Seeing Machines Limited
+61 2 6103 4700
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Cenkos Securities plc (Nominated Adviser and Broker)
+44 131 220 6939
Stifel Nicolaus Europe Limited (Joint Broker)
+44 20 7710 7600
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Seeing Machines (LSE: SEE), a global company founded in 2000 and headquartered in
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