Matthew Boyle
With its Wialon platform connecting 3.8 million vehicles abroad, Kurtam has announced a major milestone.
This accomplishment comes shortly after Wialon’s monthly Telematics and IoT global conference, which took place from December 6 to 8, in Vilnius. Around 200 experts from 50 different countries participated in the event, a significant gathering for the telematics, IoT, and port software community. The conference highlighted cutting-edge use cases while also focusing on AI innovation, the transition to electric vehicles ( EVs ), and achieving net-zero emissions.
Wialon offers modern fleet management solutions across a range of industries, including logistics, construction, vehicle rental, cold-chain transportation, and security. The company is based in the world and has over 2,500 partners.
In emerging markets like South America and Africa, where there was a 30 % increase in related vehicles, Wialon’s growth was at its fastest in 2023. Established markets in Europe and North America also experienced significant growth, with Europe experiencing a 12% increase and the latter experiencing an increase of 20 %. META, Central Asia, and the Asia-Pacific region all showed consistent growth.
At the Telematics Vilnius 2023 conference, Aliaksei Shchurko, CEO of Gurtam, made the following statement:” Our partnership has resulted in a growing telecom ecosystem that continues to grow each year.” Over 10% more connected vehicles have been seen on Wialon this year, which is a noticeable increase. With AI advancements, we anticipate potential growth in specialized telematics focused on vehicles.
He emphasized that businesses will need to adapt to AI’s advancement in order to use it for quicker information sourcing, quicker decision-making, and increased efficiencies. The success of telematics will depend on improving the utility of AI models by incorporating more knowledge into them. Applications for AI include classification and pattern extraction, predicting vehicle needs and maintenance, differentiating driving behaviors, streamlining procedures, and enhancing platform and employee experiences.
Through its partner network, Gurtam has more than 20 years of experience creating GPS tracking, port management, and IoT software and has supported over 300,000 telematics projects worldwide.
The market for vehicle telematics is currently valued at USD 72.85 billion and is anticipated to reach USD 280.78 billion by 2030 from USD 85.36 billion in 2023. Software developers like Gurtam, which are essential in bringing together the capabilities of telematics and port management service providers, GPS and sensor hardware manufacturers, and connectivity provider, meet this demand.
“Reaching 3.8 million vehicles on the Wialon platform is an excellent achievement, positioning us among the top fleet management software providers globally” said Aliaksandr Kuushynau, the company’s head. This secures a sizeable 4% share of the global market in addition to highlighting our impact. In order to overcome the difficulties fleet managers face in terms of safety, compliance, and cost-efficiency, our partners, telematics service providers, are essential.
