By
Telecom Lead Team:
NavStar Technologies, a provider of GPS/wireless tracking and monitoring, has
developed a hardware platform to provide a cost effective solution to address
the Department of Transportation (DOT) mandate to electronically record a
driver’s “hours of service” via and Electronic On Board Recorders
(EOBR).
“There
are more than 18 million trucks in the US, and when coupled with the DOT
mandate to electronically record hours of service, this is a market segment we
plan to aggressively pursue in 2012. Our technology hardware platform is being
designed with flexibility so that features can be added to satisfy specific
market requirements,” said N. Douglas Pritt, chairman and CEO, NavStar Technologies.
For the US
trucking market, NavStar Technologies will include heavy duty vehicle
interfaces to its core hardware platform which will facilitate the ability to
capture key data to allow carriers to address EOBR mandates while reducing cost
and improving productivity.
NavStar will
leverage the experienced gained from multiple field trials in 2011, and by
capturing one half of one percent of this US trucking market segment, can add
$3.5M of revenue in 2012.
Juniper
Research expects the overall mobile location-based services industry to grow to
more than $12.7 billion by 2014.
