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03/07/2017 – News / Innovation / Technology / Tantalum / TechXLR8 / UK
Vehicle technology specialist Tantalum Corporation has been recognised at the inaugural TechXLR8 awards, taking the prize for the ‘Innovation in Connected Services’ category. The awards – the headline event of last month’s London Tech Week – recognise and celebrate excellence in innovation and disruptive technologies, with industry specialists acting as the judging panel.
Tantalum is a fast-growing technology innovator connecting consumers and businesses with vehicle related services providing convenience, safety, and security while saving time, money and the environment. With one million vehicles connected to its systems, Tantalum supports a wide variety of companies, including the likes of Samsung, TomTom, TNT and Atos.
The firm’s award was achieved in recognition of the excellence of its product offerings – notably, the revolutionary Air.Car and Pay.Car platforms.
Air.Car – pay as you pollute
Tantalum’s innovative Air.Car (https://www.tantalumcorporation.com/air-car/) platform is a £2-million project funded by Innovate UK (the government’s innovation agency) and the Centre for Connected and Autonomous Vehicles.
The project is focused on perfecting ground-breaking real-time NOx emissions estimation capabilities, which will give big business, government and local authorities the ability to drive down poisonous emissions. By implementing dynamic road charging based on actual vehicle emissions in a smarter, cheaper and fairer way, drivers will only pay as they pollute. When, where and how drivers drive can now be recognised by Air.Car. A major part of this project is a 1,000 vehicle trial starting in autumn 2017 to hone the solution with scientists from the world-renowned Imperial College in London.
Pay.Car – end-to-end billing for the connected car
Meanwhile, Pay.Car (https://www.tantalumcorporation.com/pay-car/) is touted as the world’s first dedicated end-to-end billing, payment and data management platform for connected vehicles. It provides a robust, secure and scalable transaction platform to drive growth, adoption and monetisation of the ‘Connected Car’. It offers the ability to store financial details securely, allowing the user to receive only one invoice encompassing all activity. It has the bandwidth to both control privacy and secure data via the collection of billions of data points from its customers (B2B and B2C), further enriched by deep analytics. Put simply, it lets the car find and pay for its own parking, forexample.
Ozgur Tohumcu, CEO at Tantalum, said that he was “delighted” that his company had been recognised by the TechXLR8 awards “in what is a very exciting time for the ‘Connected Car’ space and vehicle technology market as a whole”.
“The recognition of our Air.Car product is very timely, as the UK government is due to take further action with its upcoming ‘Clean Air Bill’ in early July, aiming to reduce the 40,000 annual deaths linked to air pollution in the country. Tantalum is extremely well positioned to address the required measures. Our Air.Car platform charges on the actual environmental impact of the individualvehicle and how it is being driven – a far cry from the blunt tools being utilised by government today. As the mega trend of urbanisation continues, Air.Car can be a truly global solution to the challenges being created by worsening air quality. 20-30 per cent of all urban traffic is assessed to be traffic related. Pay.Car lets the car find and pay for its own parking whilst Air.Car teaches the driver to drive in a way that produces the least possible emissions and to pick routes away from sensitive areas such as schools. You can see how these two Tantalum products alone have the potential to change cities everywhere.”