The award, which was presented at the M2M Connected World event in Chicago on June 11, is given to companies that deliver highly successful commercial applications of machine-to-machine technology.
Dayton, Ohio-based BLS Trucking uses Networkfleet's GPS location tracking and engine diagnostic monitoring to provide vehicle information such as actual vehicle speed, exact diagnostic trouble code and miles-per-gallon. According to Networkfleet, BLS Trucking managed to reduce fuel costs by $900 per vehicle in the first year, lower repair costs and reduce breakdowns, and improve vehicle management. By using the system, BLS also saw a return on investment in less than a year.
The Value Chain Awards highlight the process of combining multiple technologies such as device-connectivity hardware, radio modules, network service and provision, as well as application software and infrastructure, and show how all of the elements of the M2M value chain created a winning solution for the end customer.
The fleet management provider was also in the running for the Best Telematics Service & Application for Commercial Vehicles Award, presented by Telematics Update, an industry publication. The awards were presented on June 2 at the 9th annual Telematics Detroit 2009 Conference & Exhibition.