Topaz to offer SynX technology to boost efficiency of fuel card fleet customers

Dublin: March 9^th, 2016: Irish telematics company Transpoco has announced an agreement with Topaz Energy Group, Ireland’s largest convenience store and fuel retail business. In a deal estimated to be worth initially up to €250,000 per annum, Topaz will promote the Synx technology to their fuel card customer base in Ireland.

SynX, which was developed following a €1m investment programme, is a cloud computing based service which integrates Transpoco GPS software with data from fuel cards to provide cost saving business intelligence. It uses a combination of technologies to boost fleet management through improved fuel usage, driving technique monitoring, maintenance recording and other business intelligence.

Typical users include Kingsmaid Domestic Cleaning in the UK which reported annual savings of almost €25,000 and a 300% Return on Investment (RoI) in its first year. SynX is based on research conducted by Transpoco which found at least a 20% difference in fuel consumption and 35% in maintenance costs between best and worst performing drivers.

Liam Mulcahy Topaz Commercial Director said, “This agreement will boost our fleet fuel customer service and help them manage their vehicles more efficiently and at lower cost. It sits perfectly with our Topaz Quality Fuels which contains an additive that increases fuel economy. Partnerships like this build long term customer relationships and allow us to offer increased value to our fuel card customers.”

“This agreement with a market leader like Topaz is further endorsement of our technology,” commented Andrew Fleury, CEO, Transpoco. “Topaz understands that vehicle fleets that use fuel cards want to receive excellent customer service, optimise costs, as well as operating their vehicles as smoothly and safely as possible.”

With 444 service stations nationwide, Topaz is Ireland’s largest fuel and convenience brand. 158 of the service stations are company owned and run, with 286 stations operated by independent retailers on the dealer network.

Swords based, Transpoco (www.transpoco.com) earlier this year announced that it is to double its employment to 40 in 2016. Key target markets include UK, Ireland, and France.

For further information and a free demo on SynX go to www.transpoco.com