LONDON, UK: CameraMatics has partnered with UK transport and logistics operator Maritime Transport Ltd to fit connected smart camera systems across its entire fleet.
Maritime operates a fleet of more than 1,500 trucks, employing over 2,000 drivers and covering some 120 million miles each year.
CameraMatics provides a modular software platform based on Camera Technology, Vision Systems, AI, Machine Learning and Telematics, combined with Fleet Safety modules that help fleet operators to drive new safety standards across their fleet and drivers.
The company has provided Maritime with a 360˚ camera setup, including in-cab driver-facing cameras, plus left-turn alerts and smart sensors. The drivers appreciate the extra visibility the technology provides and the protection it gives them from fraudulent claims. Remote download of footage is a major benefit of the platform and saves the fleet team time and hassle.
So far, almost 1,000 vehicles have been fitted with CameraMatics, with the rest of the installations happening on a daily basis as Maritime’s fleet becomes safer, smarter and more efficient.
Pires Investments has a circa 20% interest in SVV, a venture capital fund focused on investing in the software technology sector with a specific focus on Artificial Intelligence, the Internet of Things, Cyber Security, Machine Learning, Immersive Technologies and Big Data.
Peter Redmond, Chairman of Pires commented: “We want to congratulate CameraMatics on its new partnership with Maritime. The partnership confirms the company as a leading player in the fleet technology industry at a time when fleet safety is growing ever-more important. Following its recent funding round, completed in January 2021, we are excited about the future for CameraMatics.”
Pires Investments PLC share price
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14 Jul, 8:22 am GMT+1 ·Disclaimer
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