Telstra has purchased Australian-based GPS and telematics fleet management solutions provider, MTData -- which also has a presence in New Zealand -- in a bid to boost IoT growth in the market.
The purchase will provide the telco with technical capability and software expertise to help fast track its Enterprise Connected Vehicle offering, which is part of its Internet of Things (IoT) ecosystem.
In a statement, Telstra Enterprise executive director, Michelle Bendschneider, said the acquisition provides advanced technology and deep domain expertise in connected vehicle solutions.
“This is in line with our IoT growth strategy and leverages from investment in the IoT footprint on our mobile network,” she said.
“This strategic acquisition will enable us to capitalise on business ready IoT capability on our network, deliver IoT solutions to our customers in the heavy vehicle industry and supports a natural transition towards future autonomous vehicle technologies.”
MTData CEO and co-founder, Matthew Bellizia, said Telstra was the right fit for the company due to its technology and customer-focused cultures.
“Through our integration, we will provide customers with access to new and existing technologies like Telstra’s IoT offerings,” Bellizia said.
MTData was launched in 2003 with a head office in Melbourne. The company also has office locations in Sydney, Brisbane, Perth and Adelaide as well as abroad in New Zealand, Saudi Arabia, Canada, US and the UK.
The company maintains a team of in-house engineers, developers and technicians that work across continually enhancing its hardware and software solutions that involve in-vehicle monitoring and maintenance systems, job dispatch systems, real time tracking and GPS solutions.
In addition, it also assists customers with compliance and safety, as well as improving productivity and reducing operating costs.
Last year, Telstra teamed up with intelligent transport systems company, Cohda Wireless, to trial Vehicle-to-Infrastructure (V2I) technology over Telstra’s 4G network in South Australia.
This presented a "pivotal first step" in developing Vehicle-to-Everything (V2X) technology, which includes vehicles talking to infrastructure (such as traffic lights), other vehicles and vulnerable road users such as cyclists and pedestrians, Telstra said.
This marked the first phase of Telstra’s plan to show how V2X technology can be supported via Telstra’s 4G network.