Prestigious Brazilian Engineering Company Selects MiX Telematics to Optimize Asset Safety & Efficiency

On June 24, 2020, MiX Telematics (NYSE: MIXT) announced its collaboration with a leading Brazilian engineering company to enhance safety and lower operating costs for 276 cranes in a major ore mine.

Rhea-AI Summary

On June 24, 2020, MiX Telematics (NYSE: MIXT) announced its collaboration with a leading Brazilian engineering company to enhance safety and lower operating costs for 276 cranes in a major ore mine. The partnership aims to optimize crane usage, reduce maintenance expenses, and lower fuel consumption through MiX Telematics' advanced asset management solutions. The initiative underscores MiX Telematics' commitment to operational efficiency and safety, bolstered by support from a regional partner's Operations Center.

Positive

• Collaboration with a prominent Brazilian engineering company enhances MiX Telematics' market presence.
• Optimizing the safety and efficiency of 276 cranes can lead to reduced operating costs.
• Partnership model demonstrates trust and proven results in asset management solutions.

Negative

• None.

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BOCA RATON, Florida, June 24, 2020 /PRNewswire/ -- MiX Telematics (JSE: MIX) (NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions, has announced that one of Brazil's most prominent engineering companies has appointed MiX Telematics to assist in improving the safety and running costs of their cranes.

The company will rely upon MiX Telematics to provide vital optimization services for their 276 cranes, located at one of the largest ore mines in the world in the north of Brazil.

MiX Telematics will be assisting the company to enhance the safety of the operation as well as to reduce maintenance costs and fuel consumption, whilst preventing overuse of the assets. These vital services will be complemented by MiX Telematics' partner in the region, whose Operations Center will monitor the crane usage.

"We are very pleased that another key Brazilian operator has put their trust in MiX Telematics as a result of our partnership approach, proven results and industry specialist expertise," states MiX Telematics Chief Operating Officer, Charles Tasker.

About MiX Telematics

MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to more than 818,000 subscribers in over 120 countries. The company's products and services provide enterprise fleets, small fleets and consumers with solutions for efficiency, safety, compliance and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Mexico, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT). For more information, visit www.mixtelematics.com. 

For further information contact:

Melanie Esterhuizen
Global Brand and Communications Manager
MiX Telematics
Melanie.esterhuizen@mixtelematics.com

 

View original content:http://www.prnewswire.com/news-releases/prestigious-brazilian-engineering-company-selects-mix-telematics-to-optimize-asset-safety--efficiency-301082660.html

SOURCE MiX Telematics

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What recent partnership was announced by MiX Telematics (MIXT)?

MiX Telematics announced a partnership with a leading Brazilian engineering company to improve safety and reduce costs for their 276 cranes.

How will MiX Telematics enhance crane operations in Brazil?

MiX Telematics will provide optimization services to enhance safety, reduce maintenance costs, and lower fuel consumption for cranes at a major ore mine.

When was the MiX Telematics press release issued regarding the Brazilian engineering company?

The press release was issued on June 24, 2020.

What is the key benefit of MiX Telematics' services for crane management?

The key benefits include improved safety, reduced maintenance expenses, and optimized operational costs.