Quantron and GTL (Goldstone Technologies Limited) have formed a new joint venture in the fleet management sector. The aim is to build a unique transaction platform with various digital solutions for meeting the needs of zero-emission fleets that will serve as the digital backbone of Quantron-as-a-Service (QaaS) in the future. The JV was presented at the Greentech Festival held in Berlin until June 16 and promoted by former F1 World Champion, Nico Rosberg.
GTL is a leading Indian company for business intelligence, data and analytics. The joint venture will operate from Augsburg and Hyderabad, India. A US facility is to follow by the third quarter of 2023 in order to address the global market for zero-emission solutions.
Quantron and GTL: the pillars of the new ROQIT joint venture
The integrated platform will consist of five digital pillars, namely fleet management, insurance-as-a-service, hydrogen economy, greenhouse gas accounting (GHG quotas) and data insights. The software offers a fleet overview dashboard, driver management, journey information, geo-fencing, charging or refuelling infrastructure management, smart navigator, carbon credit tracking, roadside assistance, reporting module and a mobile driver app. No other active digital solution offers a greater range of services and transparency.
“We are looking forward to this partnership with GTL in a bid to address the Fleet Management market which is projected to exceed $70 Billion by 2032, combined with the Hydrogen Economy market that anticipates over $320 Billion in global investments by 2030. The Indian ecosystem also presents a huge opportunity in this area, which would provide us the necessary expertise to make inroads into the global marketplace”, stated Michael Perschke, CEO of Quantron AG.
“The factors that distinguish this Digital Platform are that it is Partner Agnostic, Modular and OEM Independent. Data Insights, which is a crucial pillar, is estimated to reach a global market value of $71 Bn (INR 5.9 Lakh Crores) by 2032. Our contribution to this partnership will be to help customers drive impactful change through data-backed analytics to enhance their business through BI and Analytics Full Stack capabilities and Service Offerings”, added Pavan Chavali, Managing Director of GTL.