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Technology Stocks : Trimble Navigation
TRMB 78.60-1.2%Nov 4 3:59 PM EST

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From: JakeStraw2/9/2012 8:13:32 AM
   of 3506
 
Trimble and SmartBin Partner to Develop Productivity Solutions for the Environmental Services and Recycling Markets
finance.yahoo.com

Technology Combination Focuses on Increasing Workflow Productivity and Improving Efficiency for Environmental Services Professionals and Fleet Managers

Trimble and privately-held SmartBin Corporation of Dublin, Ireland announced today that they have signed an agreement to collaborate on the development of solutions that can leverage positioning technology, wireless communications, asset monitoring and fleet management capabilities to enhance productivity for professionals operating in the environmental services and recycling markets. Under the agreement, Trimble will have worldwide rights to use SmartBin's wireless monitoring and Web access technologies to integrate and manufacture products for the industry.

SmartBin's monitoring sensors automatically measure the fill levels of recycling containers for glass, paper, organic waste, aluminum cans and textiles. Using wireless communications and the Internet, dispatchers can remotely monitor the recycling containers to plan pick-up and service more effectively. The combination of SmartBin's monitoring technology with Trimble's industry-leading mobile workforce solutions is expected to result in new product categories for environmental services, fleet management and route optimization, and in-vehicle and portable applications that help improve workflow and increase mobile worker productivity for any fleet size.

"Reducing fuel costs, improving asset management, and optimizing fleet utilization are growing concerns in the environmental services and recycling markets. Fleet and environmental services managers are being challenged to minimize operating expenses and maximize resource efficiency," said Elmar Lenz, director of Trimble's Environmental Solutions Business Area. "Optimal route planning and scheduling are essential for hauling operations to remain competitive in this fast changing environment. Collaborating with SmartBin will allow us to develop and supply integrated, intelligent productivity solutions for environmental services and fleet management professionals."
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