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Momentum IoT Ships LTE-M Device for Fleet Tracking

September 12, 2018

LONG BEACH, Calif.--(BUSINESS WIRE)--Sep 12, 2018--Momentum IoT, the leader in cloud-managed telematics for mixed fleets, today announced that it is the first major U.S. fleet telematics provider to ship LTE-M devices, available for immediate delivery.

The Company’s solutions take advantage of the unique capabilities of the advanced LTE-M standard to offer unparalleled benefits to fleet managers: lower device complexity, better coverage, higher security, and low power consumption.

By developing on LTE-M, Momentum IoT avoided the technical debt and cost of supporting older formats and unneeded complexity. Momentum IoT’s 4th Generation Cloud Managed IoT devices deploy without custom development. No version control issues, no deployment delays.

“People have been trying to meet the needs of small business fleets for years,” said Momentum IoT CEO Justin Silva. “With LTE-M, we saw the opportunity to build for the new without reference to the old. We lowered complexity, while increasing value, so that fleet managers can launch telematics with ease, at a monthly cost which makes sense.”

“We’re nimble. We have no weird old technology to support. We built a new architecture to be hyper-focused on killing it for small business fleets,” Silva added.

As part of the LTE-M launch, Momentum IoT also announced that it has joined the GSMA Mobile IoT Innovators community.

Momentum IoT offers tracking solutions for mixed fleets including trucks, trailers, heavy or light equipment, with plug-and-play operability in vehicles ranging from Ford and GM trucks to heavy equipment and ATVs, and including power generators and pumps.

“Having looked at several tracking vendors, I was skeptical at first,” said Chris Spano, CEO of Traffic Management Inc. “With Momentum, we easily launched on our mixed fleet of trucks, trailers and message boards. We were able to deploy to more projects with higher daily utilization and more accurate billing. Clients see us at our best.”

About Momentum IoT

Momentum IoT helps small and mid-sized fleet managers locate and manage their trucks, trailers, heavy and light equipment with kickass 4th generation GPS and telematics tracking solutions. Based in Long Beach, CA, Momentum IoT was recently named a “Mobile IoT Innovator” by the GSMA. To learn more about Momentum IoT, visit www.momentumiot.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180912005020/en/

CONTACT: Momentum IoT

Maya Beerbower

maya.beerbower@momentumiot.com

323-831-3475

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT AUTOMOTIVE FLEET MANAGEMENT

SOURCE: Momentum IoT

Copyright Business Wire 2018.

PUB: 09/12/2018 08:00 AM/DISC: 09/12/2018 08:01 AM

http://www.businesswire.com/news/home/20180912005020/en

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