Menu

IoT FEATURE NEWS

The Uber/Under of Numerex's FASTrack Prepaid

By Carl Ford May 26, 2015

Numerex has updated its FASTrack solution with FASTrack PrePaid – a new, low-cost, turnkey offering that combines advanced vehicle tracking, monitoring and recovery and other desirable features into one, simple-to-use, economical solution.

The offering is set up to work as a bundled solution for 24 and 36 months, which coincides with vehicle leasing program terms. The result is that by using FASTrack PrePaid, fleet managers and dealers can provide vehicle owners with a solution that offers driver-behavior monitoring along with an economical tracking and recovery solution for their vehicles. This allows car dealers to use the system to sell more cars and secondary lenders to get involved.

“FASTrack PrePaid fills an important gap in the market and delivers an affordable, easy-to-use vehicle monitoring, tracking and recovery solution that enhances the security, safety and productivity of drivers and their vehicles,” said Mike Lang, SVP and President of IoT Solutions, Numerex. “This new offering also provides great opportunities for car dealers to enhance their own accessory revenues when their customers are finalizing the purchase of a vehicle.”

One trend that has been driving this is that services like Lyft, Postmates and Uber are adopting similar offerings to use in providing their services, making it so drivers who want to have presentable or larger vehicles can get them easier. FASTrack PrePaid is compatible with a range of popular vehicle monitoring devices and the application is accessible from smart phones, tablets, laptops and desktop PCs.

FASTrack PrePaid allows the monitoring of driver safety and fluid levels and for the user to perform remote door unlocking. Driving behaviors, including excessive speeding, braking and idle time, are also automatically logged and can be used to identify opportunities to improve fuel efficiency and general road safety.

Vehicles can also be effectively monitored with user-defined “geo-fences” that trigger web portal, email, or text message alerts should the vehicles venture beyond pre-set boundaries or routes. In the event of theft, the vehicle starter can be remotely disabled, helping facilitate recovery. A viewable route history also helps monitor, track and trace vehicles as necessary. Like LoJack, FASTrack PrePaid is hidden and features an ignition off switch that can be used to reclaim the car.

FASTrack and tools like it are becoming an important tool for fleet management and as more companies tap into the power of those tools, it is possible that the decentralization of public transportation will continue in a big way.

Find out more about the development of connected transportation and other IoT industry trends at the IoT Evolution Expo at Caesars in Las Vegas from August 17 to 20. 




Edited by Ken Briodagh

Partner, Crossfire Media

SHARE THIS ARTICLE
Related Articles

Smart Cities for All: City Leaders in Brazil Discuss Accessibility

By: Ken Briodagh    9/25/2017

Rio de Janeiro has invited G3ict and World Enabled to assist with the city's efforts to ensure that persons with disabilities and older persons can be…

Read More

The Future of the IoT: From Smart Cities to Cyborgs

By: Special Guest    9/25/2017

The IoT is the largest technological expansion in the history of humankind and will lead to the creation of cities controlled by artificial intelligen…

Read More

CIS Controls Says Its Best Practices Could Prevent Equifax-style Breach

By: Ken Briodagh    9/25/2017

According to CIS, attacks such as WannaCry and Equifax could have been prevented.

Read More

Pros and Cons of IoT: Why Some Businesses Are Slow to Adopt

By: Special Guest    9/22/2017

Why won't business leaders recognize the boons of IoT and bring IoT devices into the workplace? The answer seems to be: Speed.

Read More

IoT Evolution Health: Areta Health in South Africa to Use Medsphere Healthcare Solutions

By: Ken Briodagh    9/22/2017

Network of Areta Specialist Day Hospitals supported by remote clinics and in-home monitoring brings Medsphere's EHR and services to the African contin…

Read More