DOWNERS GROVE, Ill.,
July 20, 2020 /PRNewswire/ --
3rd Eye, part of Environmental Solutions Group
(ESG) and Dover (NYSE: DOV), today announced the release
of Optim-Eyes™, its automated fleet maintenance module, as part of
the broader Connected Collections™ fleet data strategy.
While vehicle technologies have grown dramatically over the last
decade, the ability to leverage those technologies to improve
maintenance strategies has lagged years behind, often resulting in
reactive maintenance campaigns that only tackle repairs after the
vehicle is out of service, or down while on route. This directly
impacts fleet productivity, which ultimately impacts customer
service, and also leads to an increased spare ratio, which only
adds additional cost. The introduction of 3rd Eye's
Optim-Eyes technology will change that trend.
"With Optim-Eyes, fleets now have the ability to be both
predictive and preventative when it comes to maintenance
procedures," said Environmental Solutions Group President,
Pat Carroll. "At present, most
maintenance shops stock shelves of parts that are not needed,
replace parts that are not worn out and spend far too much time
troubleshooting a problem. All of this leads to trucks out of
service, elevated maintenance costs and a fleet maintenance program
that is reactive versus one that is proactive."
"Employing Optim-Eyes is like having a cardiologist and a health
coach looking after your assets as artificial intelligence is
monitoring your vehicle's various systems to predict failures up to
three weeks before they happen," Carroll continued. "In addition,
fleet owners can easily get a visual health check through the
Optim-Eyes portal to not only schedule maintenance that's truly
preventative, but allow maintenance shops to accurately forecast
their spend for the first time."
"With a simple look at the dashboard, a maintenance specialist
can quickly triage their fleet to determine which assets need
repairs and when," said Carroll. "Optim-Eyes reduces
troubleshooting and maintenance costs by 70% and 25%, respectively,
and increases fuel economy by 27%. Importantly, this level of
visibility allows fleets to dramatically increase their uptime
productivity, and reduce their spare ratio while extending the
lifecycle of their assets."
The Optim-Eyes module makes it easy for maintenance shops as
work orders are automatically generated and entered into a fleet's
Maintenance ERP system. The reporting capabilities of Optim-Eyes
are equally robust and provide fleet owners with customizable
reports that can focus on fault codes, system health trends or
fleet health reports based on individual assets.
Optim-Eyes is part of the larger ESG Connected Collections™
comprehensive fleet data strategy that provides a rich stream of
data and data-driven options that allow fleet owners to make better
decisions faster. For more information regarding Optim-Eyes or
Connected Collections, please visit www.3rdeyecam.com or talk
to your local 3rd Eye Sales representative.
About 3rd Eye:
3rd Eye was formed in 2001. The company provides
real-time Vehicle Function/Route Performance Analytics and also
uses state-of-the-art camera systems to capture and document in-cab
and external events to improve the safety, reliability and
profitability of collection fleet operations. 3rd Eye is
committed to ongoing innovation, engineering excellence, and
impeccable business ethics. For more information about
3rd Eye, visit www.3rdeyecam.com, the 3rd Eye
Facebook page or follow us on Twitter.
About ESG:
Environmental Solutions Group ("ESG") encompasses
industry-leading brands, such as Heil Environmental, 3rd
Eye, Soft-Pak, Parts Central, Marathon, Bayne, and The Curotto-Can
to create a premier, fully integrated equipment group serving the
solid waste and recycling industry. Through extensive
voice-of-customer outreach, in-house engineering and manufacturing
capabilities, a wide-reaching service network, and proven industry
expertise, ESG is focused on solving customer problems through
environmentally responsible products and providing world-class
support. For more information about ESG, visit doveresg.com, the
ESG Facebook page or follow ESG on Twitter.
About Dover:
Dover is a diversified global manufacturer and solutions
provider with annual revenue of over $7
billion. We deliver innovative equipment and components,
consumable supplies, aftermarket parts, software and digital
solutions and support services through five operating segments:
Engineered Products, Fueling Solutions, Imaging &
Identification, Pumps & Process Solutions, and
Refrigeration & Food Equipment. Dover leverages global
scale, operational agility, world-class engineering capability
and customer intimacy to lead in the markets we
serve. Recognized for our entrepreneurial approach for over 60
years, our team of over 23,000 employees takes an ownership
mindset, collaborating with customers to redefine
what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the
New York Stock Exchange under "DOV." Additional information is
available at dovercorporation.com.
Environmental Solutions Group Contact:
Jeffry Swertfeger
(423) 648-5257
jswertfeger@doveresg.com
Dover Media Contact:
Adrian Sakowicz, VP,
Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Andrey Galiuk, VP, Corporate
Development and Investor Relations
(630) 743-5131
agaliuk@dovercorp.com
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SOURCE Dover