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IPVideo Corporation has announced it has acquired the assets of Vuro Technologies, a provider of artificial intelligence (AI)-enabled driver and fleet vehicle monitoring and safety.
According to the companies, the technology will be rebranded as VuroAI and complements IPVideo Corporation’s product portfolio of unique event-driven AI security and safety solutions that utilise video, audio and sensor technology to mitigate false positives, confirm incidents, accelerate response and deliver long term actionable intelligence.
“Our customers and dealers have been asking us for security services for vehicles and with the addition of VuroAI to our product portfolio, we are now able to fulfill that need,” said IPVideo Corporation President, David Antar.
“VuroAI is a comprehensive solution that employs IoT and AI technology to monitor driver behaviour, in-vehicle performance and real-time GPS tracking. It offers the right tools for fleet managers to prevent incidents, coach and reward drivers to avoid dangerous behaviours, protect and exonerate drivers from unjust accident claims and maintain the organisation’s reputation. Safer driving ultimately benefits all road users.”
VuroAI can autodetect distracted driving behaviours, harsh vehicle maneuvers and a host of vehicle operating parameters. Depending upon the severity, these alerts can be announced audibly to the driver, uploaded to the cloud for driver coaching, or sent via email. Its real-time data is uploaded to the cloud to support a variety of analyses such as fleet utilisation, preventative maintenance, route optimisation, fuel usage and more.
“VURO Technologies is delighted to become part of the IPVideo renowned family of products that work to keep the world smarter and safer,” said Heng Hu, Chief Technology Officer at VURO Technologies. “Combining our expertise presents an opportunity to deliver quality fleet telematics technology to an expanded customer base worldwide.”