Geotab transforms connected transportation in Australia with generative AI, receiving data-driven insights from digital assistant
Project G Generative AI, available via Geotab Data Connector, will provide powerful insights related to vehicle performance, efficiency and more
SYDNEY, Sept. 18, 2023 /PRNewswire/ -- Geotab, a global leader in connected transportation solutions, is taking the data experience in Australia to new heights with its industry-leading capabilities. Today, the company announced the beta launch of Project G, which introduces Generative AI models into its platform, as an analytics digital assistant that can answer questions through a chat interface linked to Geotab Data Connector.
Project G sets a new standard for the industry, empowering participating customers in Australia to effortlessly access on-demand insights on vehicle performance, efficiency, and sustainability. From idling times to fuel economy comparisons, vehicle usage, cost savings, and beyond, Project G delivers comprehensive, digestible information with ease.
By harnessing the power of natural language models, Project G reduces time-to-insight for customers and transforms the process of analysing fleet data into a simple and intuitive experience. Project G is built on privacy-by-design principles and keeps all customer telematics data within Geotab's environment, never shared with any Large Language Model (LLM).
"With Project G, we're taking a giant leap forward in demonstrating the impact of Generative AI in the connected transportation landscape. We've long been recognized as leaders in data intelligence and AI, leveraging artificial intelligence and machine learning models for years," said Mike Branch, Vice President of Data & Analytics at Geotab. "This breadth of experience presents us with a unique opportunity to analyse vast amounts of fleet data, identify patterns, and generate invaluabl recommendations to optimise operational efficiency and performance."
"As we introduce Project G to Australia, we're embarking on a transformative journey that merges generative AI technology with our region's unique transportation landscape. This beta project underscores Geotab's commitment to providing innovative solutions that empower businesses across Australia to optimise their fleet operations seamlessly," said David Brown, Assistant VP, APAC, Geotab." Project G opens doors to actionable insights, leveraging Generative AI to enhance vehicle performance, operational efficiency, and sustainability, ultimately shaping the future of connected transportation in Australia."
Over the past year, Generative AI has become a significant area of focus and organisations worldwide are exploring its potential to drive customer and performance business efficiencies. According to Statista, the value of Generative AI is expected to show an annual growth rate (CAGR 2023-2030) of 24.31%, resulting in a market volume of US$4bn by 2030 in Australia.
Geotab has a strong history of AI innovation and is leveraging this expertise with customers in the beta project. With over 55 billion data points processed daily across more than 3.7 million connected vehicles, Geotab stands at the forefront of this transformative technology. With one of the industry's largest data science teams, dedicated to data and artificial intelligence, and with a global presence spanning 165 countries, Geotab possesses the expertise and scale necessary to train powerful AI models, unlocking unprecedented value and efficiency for its customers.
"The beta project is an exciting collaboration with select customers. We are able to align real-world requirements and challenges with data science expertise to learn, adapt and evolve capabilities. The possibilities are limitless, and we're committed to delivering cutting-edge solutions that make data easily accessible for our customers," added Branch.
For more information, visit https://www.geotab.com/project-g.
Geotab is a global leader in connected transportation solutions. We provide telematics — vehicle and asset tracking — solutions to over 47,000 customers in 150 countries. For more than 20 years, we have invested in ground-breaking data research and innovation to enable partners and customers, including Fortune 500 and public sector organizations, to transform their fleets and operations. We connect to over 3.7 million vehicles and process more than 55 billion data points a day so that customers can make better decisions, increase productivity, have safer fleets, and achieve their sustainability goals. Geotab's open platform and Marketplace, offers hundreds of third-party solution options. Backed by a team of industry leading data scientists and AI experts, Geotab is unlocking the power of data to understand real-time and predictive analytics — solving for today's challenges and tomorrow's world. To learn more, visit www.geotab.com, follow @GEOTAB on Twitter and LinkedIn or visit the Geotab Blog.
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