Wejo Group Limited, a global provider of "Smart Mobility for Good" and cloud and software solutions for connected, electric, and autonomous vehicle data, announced an extended collaboration with Microsoft through the adoption of the Microsoft Connected Fleets reference architecture.
Wejo will be part of an ecosystem of Microsoft partners addressing the fleet management market - anticipated at $38 billion by 2024, according to Wejo - by helping fleet management independent software providers (ISVs), system integrators (SIs), and fleet managers go beyond limited data sets and basic dashboards to integrate fleet data into core business processes and derive actionable insights for improved business outcomes.
“With Microsoft’s Connected Fleets Reference Architecture, connected vehicle data from Wejo can easily be streamlined directly from vehicles including light-and/or medium-duty Class 1-6 trucks to telematic service providers (TSPs), ISVs, SIs, and fleet management companies without the need for aftermarket hardware,” said Enfys Gray, vice president of global alliances at Wejo. “With this simplification of the value extraction from connected vehicle data, partners can easily incorporate the real-time data into their vehicle movement and location, driver performance, fuel consumption, and other fleet management solutions.”
What Is Microsoft Connected Fleets?
Microsoft Connected Fleets reference architecture enables an ecosystem of partners and partner solutions for fleet management by simplifying specialized analytics, value extraction from vehicle data, and streamlining integration with business systems.
According to a compnay release, the reference architecture enhances and will streamline access to Wejo’s connected vehicle data (CVD). Wejo’s CVD is delivered in near real-time, directly from its OEM partners.
“Our goal is to transform the growing connected vehicle, fleet, and mobility market with next-generation solutions that offer faster, better quality vehicle data with lower investment. Wejo brings deep experience and expanded data and fleet management insights to Microsoft Connected Fleets,” said Sanjay Ravi, general manager, automotive, mobility, and transportation industry, Microsoft. “Wejo helps to significantly increase solution velocity and lower data acquisition cost by eliminating the need to fit new hardware to vehicles for fleet management, helping drive efficiencies and more value for customers.”
ISVs, SIs, and fleet managers will benefit by:
- Accessing Wejo’s CVD more efficiently.
- Facilitating faster integrations with customer-specific requirements.
- Enabling integration of fleet management functions with business applications for field services.
- Simplifying the delivery of advanced analytics.
- Accelerating time-to-insights.
- Delivering fleet management capabilities without needing to retrofit hardware.
“With Microsoft Connected Fleets, Wejo will expand its footprint in the Connected Fleets space while embracing Microsoft’s scalability, reliability, and agility to drive application development and shape future business strategies,” said Richard Barlow, founder and CEO of Wejo. “We’re excited to be part of the Connected Fleets interconnected ecosystem of partner solutions and work with Microsoft on better delivering the data and insights necessary to fleet customers and partners to keep their drivers safe on the road while driving efficiencies across their fleets.”
With the ongoing supply chain shortages impacting vehicle purchasing, analytics has come to the rescue to help keep vehicles working better and longer. Predictive maintenance is one way that fleets are delivering a return-on-investment.