Seeing Machines Limited Leading software provider integrates Guardian (7221I)
16 Agosto 2021 - 1:13AM
UK Regulatory
TIDMSEE
RNS Number : 7221I
Seeing Machines Limited
16 August 2021
16 August 2021
Seeing Machines Limited
Leading fleet management software provider integrates vision
technology to ensure safer roads
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, announces that EROAD Limited ("EROAD") will integrate
Seeing Machines' Guardian technology into its fleet management
software to help combat driver fatigue and make roads safer.
EROAD is a leading transportation technology company that offers
fleet management software and products designed to improve driver
safety, manage vehicle fleets and reduce costs associated with
driving.
Seeing Machines' world-leading Guardian technology utilises face
and eye tracking algorithms to detect fatigue and distraction,
allowing proactive intervention before a risky driving incident
occurs. According to Seeing Machines' research, in-cab alerts
reduce fatigue by upwards of 60 percent, and 24/7 monitoring centre
analysis and intervention decreases the occurrence of fatigue by an
additional 30 percent to achieve a reduction in fatigue related
driving events of more than 90 percent.
Steven Newman, CEO of EROAD said: "Our mission at EROAD is to
help every community enjoy safer, more productive roads. We're all
about improving fleet safety through better driver behaviour and
the integration of Seeing Machines' Guardian technology will help
us achieve that.
"Seeing Machines' Guardian safety technology is set to become a
vital element in the MyEROAD portal to ensure safer and more
sustainable outcomes for fleet operators and drivers."
The integration of this technology will provide operators with a
single tool for managing video telematics where previously there
were two separate managing systems, making it easier for fleet
managers to prioritise actionable insights from data as well as
developing a greater understanding of the risks associated with
their fleet and coach drivers.
Seeing Machines' Guardian technology is being used in over 26
countries to protect drivers and their assets, and with 80 percent
of all Heavy Transport ERUC in NZ being purchased through EROAD,
they have witnessed the growing adoption of Guardian by this
industry and were quick to get on board.
Paul McGlone, CEO of Seeing Machines said: "We are very happy to
be partnering with EROAD. Our Guardian technology has seen
expanding global penetration into long haul and heavy transport
fleets and will be a huge benefit to EROAD users not only in New
Zealand, but Australia and America as well. The Seeing Machines
purpose is to get everyone home safety so we are closely aligned
with EROAD as both companies take pride in helping make roads
safer, knowing this integration will help achieve that.
With strategic growth and partnerships like this EROAD continues
to contribute to safer roads through the delivery of products and
services to transport operators and drivers throughout Australia
and New Zealand.
Enquiries:
Seeing Machines Limited +61 2 6103 4700
Paul McGlone - CEO
Sophie Nicoll - Corporate Communications
Cenkos Securities plc (Nominated Adviser
and Broker)
Neil McDonald
Pete Lynch +44 131 220 6939
Stifel Nicolaus Europe Limited (Joint Broker) +44 20 7710 7600
Alex Price
Nick Adams
Lionsgate Communications (Media Enquiries)
Jonathan Charles +44 7791 892509
About Seeing Machines (LSE: SEE), a global company founded in
2000 and headquartered in Australia, is an industry leader in
vision-based monitoring technology that enable machines to see,
understand and assist people. Seeing Machines' technology portfolio
of AI algorithms, embedded processing and optics, power products
that need to deliver reliable real-time understanding of vehicle
operators. The technology spans the critical measurement of where a
driver is looking, through to classification of their cognitive
state as it applies to accident risk. Reliable "driver state"
measurement is the end-goal of Driver Monitoring Systems (DMS)
technology. Seeing Machines develops DMS technology to drive safety
for Automotive, Commercial Fleet, Off-road and Aviation. The
company has offices in Australia, USA, Europe and Asia, and
supplies technology solutions and services to industry leaders in
each market vertical.
www.seeingmachines.com
About EROAD Limited
EROAD Limited (ASX: ERD; NZX: ERD) ("EROAD") purpose is safer
and more sustainable roads. EROAD develops and markets technology
solutions to manage vehicle fleets, support regulatory compliance,
improve driver safety and reduce the costs associated with
operating a fleet of vehicles and inventory of assets. EROAD has a
proven SaaS business model and is experiencing continuing growth in
installed units and revenue. EROAD has operations in New Zealand,
North America and Australia with customers ranging in size from
small fleets through to large enterprise customers.
www.eroadglobal.com
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END
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