Agnik Enhances Mobile Resource Productivity in Commercial Vehicle Telematics Market, Recognized by Frost & Sullivan

MOUNTAIN VIEW, Calif., April 21 /PRNewswire/ -- Based on its recent analysis of the commercial vehicle telematics market, Frost & Sullivan recognizes Agnik, LLC with the 2010 North America Frost & Sullivan Enabling Technology of the Year Award. Agnik's MineFleet is a sophisticated and scalable decision support system that offers a dynamic and robust predictive vehicle data mining and driver performance monitoring foundation that can be scaled and customized for application in disparate application areas.

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With telematics service providers, truck makers, aftermarket participants, and tier-1 suppliers  looking at the telematics industry for revenue growth opportunities many new products will be launched in the coming years that will rely heavily on data mining and analysis in mobile and embedded environments. Agnik's MineFleet is an advanced, robust, and scalable decision support system that can greatly catalyze and support the development of many advanced driver and vehicle performance monitoring and analysis products and services. Agnik's MineFleet decision support system features the flexibility to integrate with third-party systems. Moreover, it is designed to enable vehicle manufacturers and tier-1 suppliers of key vehicular systems to create interfaces that facilitate prognostics, remote diagnostics, and many other mobile resource productivity enhancement applications. The system is designed to offer seamless integration of third-party systems and to operate in a multi-modal communication network infrastructure.

"There is a clear and present need for advanced decision support systems to take the telematics services and applications to a level from which a larger segment of local, regional, and long-haul fleets can be attracted as subscribers. Agnik's approach of on-board data analysis reduces communication costs for adopters and fleet managers, aiding the creation of next generation of mobile resource management and efficiency enhancement telematics applications," says Sandeep Kar, Frost & Sullivan's Global Program Manager of Commercial Vehicle Research.

Kar also adds, "Agnik's MineFleet product offers a key solution towards accelerating the development and introduction of advanced prognostics, emission monitoring, and more importantly vehicle and driver performance monitoring focused telematics applications. The extreme volatility of fuel prices and increasing complexity of the new and upcoming generation of commercial vehicles are rapidly changing the demands of fleet managers. MineFleet offers a platform that can help generate just the kind of applications that fleet managers are demanding to reduce downtime and maximize mobile resource efficiency."

The current and continuing environment of fuel price volatility is escalating the demand for applications that enable fleet-wide fuel economy optimization. MineFleet enables the development and execution of many such applications through on-board analysis of fuel consumption patterns of the host vehicle and comparing the vehicle's health with its fuel economy ratings, so as to identify areas of fuel-economy improvement. Moreover, the MineFleet system benchmarks fuel sub-systems and gauges driver behavior on fuel consumption. The data analytics and modeling functionalities are leveraged fully to optimize factors that improve fuel economy. This decision support system performs on-board analysis to offer timely and effective reports that not only offer a wealth of fuel economy optimization and monitoring information to fleets but also help in pin-pointing areas of improvement in a fleet's overall fuel economy.

"MineFleet enables several prognostics applications that rely on fault-code and OEM-enhanced parameters. It uses predictive health monitoring analytics and predictive modelings of vehicle sub-systems to detect problems before fault codes are generated," explains Kar. "It also offers a wider breadth of access to the technology than competing technologies, and another key value proposition that differentiates MineFleet from the solutions offered by its competitors is its ability to analyze data on-board the vehicle and build predictive models that facilitate operating cost reduction strategy planning."

"We are honored to receive this highly prestigious award. Everyone in Agnik is humbled by this honor bestowed upon us," said Kakali Sarkar, Chief Operating Officer of Agnik.

Each year Frost & Sullivan presents this award to the company that has developed a technology that can benefit or revolutionize the industry. The award recipient has developed a system or enabling component of a system that removes a significant obstacle in the development of technology. The technology developed enables the creation of new products or modification of existing products to target new applications.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Agnik, LLC

Agnik, LLC is emerging as a leader in commercial vehicle telematics focused data analytics. The company is focused on enabling creation of advanced and innovative applications offering mobile resource management and productivity enhancement value propositions to the commercial vehicle and other mobile resource intensive industries. The company has amassed and leverages critical expertise in areas such as distributed data mining and mobile and embedded data stream management. The company's research and experience in mobile, distributed, and embedded environments coupled with its innovativeness and focus on advanced data analytics have resulted in the creation of the MineFleet software platform that offers a dynamic, effective, and efficient foundation for spawning the next generation of advanced telematics applications.

About Frost & Sullivan

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SOURCE Frost & Sullivan