European big data specialist Targa Telematics has launched a new telematics solution to help fleets optimise operations through more efficient running.

Targa Lite can help fleets verify mileage claims and also monitor excessive fuel usage

The Targa Lite solution enables operators to efficiently manage refuelling and to optimise fleet maintenance costs, in particular for driver mileage claims and fuel costs, but without geolocation to avoid issues with driver privacy.

Based on the company’s connected vehicle experience, it makes use of artificial intelligence and machine learning, and generates insights based on the work calendar, fuel card data and a tolerance threshold set by each fleet manager. Fleets can then monitor fuel data and, based on tailor-made monitoring, can decide whether to apply corrective measures to the entire fleet, parts thereof or specific groups.

Targa Lite also offers the possibility to implement and track proactive actions to raise awareness over excess fuel costs.

“With Targa Lite, our goal is to provide a valuable tool to support the daily operations of the fleet manager,” Alberto Falcione, Targa Telematics sales VP. “A tool that brings consistent savings not only to the company but also to the employee and the community, in terms of reducing waste and fuel use.”

The device has already been installed by retail marketing solutions provider DPV, which is using it on over 300 vehicles and says it’s on track for a significant ROI in one year.

“It’s been a while since we have started looking for a solution to charge our drivers a fee related to the use of the vehicle for non-work purposes in the most correct and transparent way,” said Daniele Conti, DPV Innovation hub manager and fleet manager.

“Targa Lite is the answer to our need: thanks to its implementation we have calculated a potential ROI of 351% in one year. This point, in addition to the added benefit of a net reduction in fleet costs as a whole due to the overall decrease in the number of kilometres travelled, which has brought benefits in terms of rental and maintenance fees of the vehicles themselves.”