Initial rollout of transmission health information will be available from multiple service providers for on-highway vehicles operating in North America
INDIANAPOLIS – Allison Transmission has partnered with multiple North American telematics service providers (TSPs) to deliver transmission health information by year-end. TSPs will begin integrating Allison into their applications for a single, efficient fleet management experience.
“We are laying the foundation for our future in the global connected vehicle ecosystem,” said John Coll, senior vice president of global marketing, sales and service for Allison Transmission. “By working with both TSPs and original equipment manufacturers (OEMs), Allison is supporting their existing and new customers with connected capabilities.”
The new connected capabilities, which are backwards compatible to Allison fourth generation electronic controls, will provide insight into over 170 different transmission conditions. This will provide fleet management and maintenance staff with the insight they need to improve vehicle uptime. Transit buses and motor coaches, along with refuse, construction, and pick-up and delivery trucks are among the many vocations that can benefit from connected capabilities.
“We are committed to enhancing our intelligent products and supporting a connected future that enables our customers to monitor and manage their fleet operations with relevant information in near real-time,” said Coll. “Allison wants to ensure fleet managers have relevant and actionable information about the health and performance of their Allison transmissions.”
In addition to this initial deployment, Allison continues to work with OEMs and additional TSPs to expand support across both vocations and global regions.
“We look forward to building on this platform and evolving toward additional connected capabilities that enable our customers to further optimize their fleets leveraging prescriptive data insights specific to vocations and duty cycles,” said Coll.
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.
SOURCE Allison Transmission Holdings Inc.