The new solution leverages connected vehicle data to calculate toll charges for journeys made on all national (including ex-SCUTs) and international highways in real-time.
Targa Telematics, one of the world’s leading players in the field of IoT and the development of digital solutions and platforms for connected mobility, has created a solution for Real-Time Toll Calculation, based on vehicle connectivity, which makes it possible to calculate the cost of freeway journeys during a given period.
Targa Telematics’ solution is implemented using its digital platform, which aggregates the different sources of data from vehicles, including through the direct integration of data streams provided by manufacturers. It can be applied to a variety of sectors of activity and geographies and also meets a specific need of car rental companies in the Portuguese market, a market segment in which Targa Telematics has a great deal of experience. At a national level, there are already several companies with active vehicles in their fleet and Waygo Car Rental, a new brand that is investing in the Portuguese market, is one of the first to benefit from the solution.
Tiago Elias, Targa Telematics’ Country Manager in Portugal, underlines that “we are convinced that the Real-Time Toll Calculation solution is another clear step towards helping our customers to optimize their operations and reduce their costs. In the specific case of car rentals, the total amount to be charged to the customer is calculated at the precise moment when the vehicle is returned. In this way, our solution contributes to increasing operational efficiency, reducing administrative costs, and also substantially improving the experience of the final customer, who may otherwise be contacted for payment some days, weeks, or even months after the vehicle has been returned.” Elias also commented that “this is yet another solution resulting from the consultation that Targa Telematics has been conducting with the market, demonstrating our proficiency for responding to customer needs and for bringing innovation to the national connected mobility sector, a strategy that we have adopted since we arrived in Portugal”.
ABOUT TARGA TELEMATICS
Targa Telematics is one of the main global players in the IoT field and in developing solutions and digital platforms for connected mobility. For over 20 years, the company has been bringing to the market a range of telematics technology solutions, smart mobility and IoT platforms for short and long-term rental companies, financial companies and large fleets, ranging from insurance telematics to asset and fleet management, from remote diagnostics and telemetry of vehicles, professional and construction vehicles, to the management of airport vehicles. Following the acquisition of Viasat Group – finalized in 2023 – Targa Telematics has strengthened its footprint in European markets – thanks to a strong presence in countries such as Italy, the UK, France, Spain, Portugal, Belgium, Poland and Romania – as well as Chile. The company is able to work on projects at international level with dedicated local teams. Targa Telematics participates to the United Nations Global Compact and adheres to its principles-based approach to responsible business.
For more information: www.targatelematics.com
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