A new Fleet as a Service (FaaS) platform is launching this year, delivering an end-to end solution for fleets as they decarbonise and transition to alternative fuelled vehicles.

The new FaaS platform will include optimisation algorithms, a geocoding service, telematics, predictive maintenance and where appropriate, vehicle charging technology with billing

It’s being developed by The Algorithm People (TAP) and will address a new and emerging problem of managing mixed fleets, as they decarbonise and transition to alternative fuelled vehicles.

CEO Colin Ferguson explained: “Our new FaaS platform will include our optimisation algorithms, a geocoding service, telematics, predictive maintenance and where appropriate, vehicle charging technology with billing, enabling users to have a complete view of the status, location and availability of their vehicles in real-time time.”

The organisation is working with several partners to integrate a number of services into a single platform, enabled an API layer to plug the elements together.

“In isolation these individual systems are focused on solving a particular business need,” Ferguson added. “By bringing the power of those systems into one FaaS solution, we can amplify the value to the users, driving additional efficiencies and improving business performance.”

Partners already named include EV charging payment specialist Mina, which will integrate its solution into the platform.

“This is a very exciting development and we’re pleased to be part of the project,” explains Ashley Tate, CEO at Mina. “The customers we’ve spoken to about this development can see the obvious benefits of having all their fleet information in one place, and also unlocking the benefits of other services, which become available through the platform.”

Colin Ferguson continued: “The commercial vehicle industry, across all vehicle types and sizes, will be going through a major transition in the coming years as it seeks to decarbonise. Managing a mixed fleet of different fuel types whether you’re the end user or the vehicle provider will be a major headache. The advent of our FaaS platform will remove a significant chunk of that operational burden.”

The new FaaS service is expected to launch in the second half of 2022.