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First published in The Punch26 Jun 2018, by Nike Popoola

CITRACKS, a subsidiary of C&I Leasing and its technical partner, Galooli, have unveiled cost-saving technology solutions on fleet and power management.

During a telematics conference to unveil the solutions in Lagos, the organizers said that the technology solutions were capable of saving the operational cost of organizations for as much as 30 percent.

Aside from tracking solutions, the telematics conference also highlighted how telecommunications companies as well as oil and gas companies, among others, could manage fuel consumption and maintain their generators using the best of technology solutions that save cost.

The Managing Director/ Chief Executive Officer, C&I Leasing, Mr. Andrew Otikeodibi, said the company introduced Citracks as one of its business units to address the imbalance in fleet and power businesses in the county.

He said the telematics conference was put together to highlight technology solutions that would help organizations and individuals to manage their fleet of vehicles and generators in the most cost-effective manner that would save them as high as 30 percent in their operational cost.

He said that Citracks had gone beyond the transportation business of vehicle tracking and fleet management, to a full technology business company using telematics to provide technology solutions for organizations.

The Managing Director, Galooli, Mr. Nissim Moshe, described the partnership between Citracks and Galooli as one that had used technology and telematics to change the face of business in Nigeria since Galooli entered into the market in 2016.

The Chief Technical Officer, Galooli, Mr. Kim Fraser, said the company had integrated its variety of solutions into a single app, “which offers several services that meet customers’ needs.”

According to him, the app is available on Google Play Store for download on any Android device and comes with great ease of use.

“Our app solution monitors mobile assets as well as physical stationery assets and helps customers to know how those assets are being utilized and managed.

“For vehicles, we are looking at how the vehicle is utilized and operated and what is the fuel consumption of the vehicle and how the driver is managing the vehicle and its fuel consumption,” Fraser said.

He added, “The solution captures information about the vehicle location, usage, and its fuel consumption rate. it captures driver’s behavior at any point in time. it gives information that will allow the vehicle owner to manage the driver and the vehicle in a cost-effective way.”

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