According to the company's news release, Wejo will be part of an ecosystem of Microsoft partners addressing the fleet management market - anticipated at $38 billion by 2024 - by helping fleet management independent software providers (ISVs), system integrators (SIs), and fleet managers go farther than limited data sets and basic dashboards to integrate fleet data into business processes and derive actionable insights.
Microsoft Connected Fleets reference architecture enables an ecosystem of partners and partner solutions for fleet management by using specialized analytics, value extraction from vehicle data, and streamlining integration with business systems.
“Our goal is to transform the growing connected vehicle, fleet, and mobility market with next-generation solutions that offer faster, better quality vehicle data with lower investment. Wejo brings deep experience and expanded data and fleet management insights to Microsoft Connected Fleets,” said Sanjay Ravi, general manager of automotive, mobility, and transportation industry at Microsoft. “Wejo helps to significantly increase solution velocity and lower data acquisition cost by eliminating the need to fit new hardware to vehicles for fleet management, helping drive efficiencies and more value for customers.”
The reference architecture enhances and will streamline access to Wejo’s connected vehicle data (CVD), according to the company. Wejo’s CVD is delivered in near real-time, directly from its OEM partners.
- Accessing Wejo’s CVD more efficiently.
- Facilitating faster integrations with customer-specific requirements.
- Enabling integration of fleet management functions with business applications for field services.
- Simplifying the delivery of advanced analytics.
- Accelerating time-to-insights.
- Delivering fleet management capabilities without needing to retrofit hardware.
“With Microsoft Connected Fleets, Wejo will expand its footprint in the Connected Fleets space while embracing Microsoft’s scalability, reliability, and agility to drive application development and shape future business strategies,” said Richard Barlow, founder and CEO of Wejo. “We’re excited to be part of the Connected Fleets interconnected ecosystem of partner solutions and work with Microsoft on better delivering the data and insights necessary to fleet customers and partners to keep their drivers safe on the road while driving efficiencies across their fleets.”
Originally posted on Automotive Fleet