Transpoco signs €250k-a-year agreement with Topaz
Print14 March 2016
Irish telematics company Transpoco has signed a major new agreement with Topaz Energy Group. In a deal estimated to be worth initially up to €250,000 per annum, Topaz will promote the Synx technology to its fuel card customer base in Ireland.
SynX, which was developed following a €1m investment programme, is a cloud computing-based service which integrates Transpoco GPS software with data from fuel cards to provide cost-saving business intelligence. It uses a combination of technologies to boost companies’ transport fleet management through improved fuel usage, driving technique monitoring, maintenance recording and other business intelligence.
In fact, the SynX system is based on research conducted by Transpoco which found at least a 20% difference in fuel consumption and 35% in maintenance costs between best and worst performing drivers.
Liam Mulcahy, Topaz commercial director said the deal would “boost our fleet fuel customer service and help [customers] manage their vehicles more efficiently and at lower cost. “It sits perfectly with our Topaz Quality Fuels which contains an additive that increases fuel economy,” he added. “Partnerships like this build long term customer relationships and allow us to offer increased value to our fuel card customers.”
“This agreement with a market leader like Topaz is further endorsement of our technology,” said Andrew Fleury, CEO, Transpoco. “Topaz understands that vehicle fleets that use fuel cards want to receive excellent customer service, optimise costs, as well as operating their vehicles as smoothly and safely as possible.”
Earlier this year, Swords-based Transpoco (www.transpoco.com) announced that it is to double its employment to 40 in 2016, with key target markets including the UK, Ireland, and France.
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