LoJack Italia will install its Stolen Vehicle Recovery system and telematics devices across the Italian equipment dealer’s rental fleet of Caterpillar machinery
CalAmp, a global technology solutions pioneer transforming the mobile connected economy, announced its subsidiary, LoJack Italia, has entered into an agreement with CGTE, a TESYA Group company and multi-specialist dealer for the Cat® Rental Store in Italy for Caterpillar machinery. Marking its entry into heavy equipment asset management in Italy, LoJack Italia will install its proven dual technology Stolen Vehicle Recovery (SVR) system and telematics devices to protect CGTE’s rental fleet of equipment against theft and to collect real-time data for fleet and logistics management.
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The agreement builds on a longtime partnership between CalAmp and Caterpillar in the United States.
LoJack Italia will install its solutions on more than 4,000 assets across CGTE’s domestic fleet. For combatting vehicle theft, radio frequency technology, which is able to penetrate physical barriers such as containers, warehouses, and garages, combined with telematics will allow CGTE to secure and monitor assets, verifying in real-time their distance traveled and battery levels. A series of alarms will be activated if an asset starts or moves outside of working hours, if a device is disconnected, or if an asset enters or exits a geofenced area. All alerts will be managed by the LoJack Secure Center, which operates 24/7 and will be able to verify each incident and, in the event of theft, promptly initiate asset recovery.
On the logistics side, LoJack’s Italia’s telematics devices will allow CGTE to locate all assets in the fleet at any time and check for regular maintenance and hours in operation for each vehicle—all critical aspects of managing asset utilization.
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“The agreement with LoJack Italia represents a strategic partnership with great growth prospects in the future for CGTE,” said Massimo Rossi, managing director for CGTE. “We can increase the quality of our services offered to customers—which for CGTE is at the heart of all of our initiatives—and further improve the management of our rental fleet. While we are already well known for our excellence in customer support, these advanced connected systems will help us to deliver an even higher standard of quality.”
“This partnership with CGTE, a leading operator in the rental of heavy equipment, is an important step for LoJack in the Italian market,” said Maurizio Iperti, managing director of LoJack Italia and senior vice president of LoJack EMEA. “The experience we’ve gained internationally in the field of heavy equipment has now empowered us to offer companies advanced, flexible and tailored solutions to help them protect and manage these critical industrial assets.”
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