Radian IoT receives International Boatbuilders Innovation Award
by Radian 21 Oct 2022 23:01 PDT
Radian IoT, Inc., innovator in data-driven, real-time and predictive analytics, announced today their GPS Monitoring Solution and SaaS Platform has been awarded the 2022 International BoatBuilders' Exhibition (IBEX) Innovation Award in the Boatyard and Marina Hardware and Software category.
IBEX has been rewarding ingenuity and honoring excellence with the Innovation Awards since 2003, which is one of the marine industry's most prestigious honors. The Innovation Awards program, organized by the NMMA and judged by Boating Writers International (BWI), recognizes exceptionally innovative new consumer marine products that best meet the criteria of, "Having innovative distinction from other products currently manufactured in the marine industry; providing benefit to the marine industry and/or consumer; providing practicality of use; and are cost-effective."
"Starting with a simple telematics device, Radian IoT is a broad information system that promises to revise the social contract among boatbuilders, dealers, trucking companies, banks, insurers, and boaters," said Judge Tim Murphy. "From a single data platform, it provides boatbuilders with live inventory tracking, dealers with predictive sales analytics, and other stakeholders real-time assurance about the state of their present and future assets."
Radian leverages an internal long-life battery (up to five years) to begin delivering asset location, product configuration and time-stamp data to the cloud during the manufacturing process. Once installed, manufacturers and their dealers can use Radian's platform and its unlimited geofencing capabilities to discover inefficiencies and configuration patterns that deliver actionable intelligence to all using the Radian platform. This insight occurs months before a starting battery is installed for demo or by the end user. An industry first, Radian's unique platform provides a wealth of operational and experiential data that will transform any industry involved in a two-step distribution process such as the Marine, RV and Powersports industries.
Manufacturers can use Radian to capture actual retail delivery dates, automatically register consumer warranties and monitor the health of the boat. Dealers can use the platform to identify all their stocking units on a map, grouped by geofence-location, identify locations of in-transit units, and monitor and schedule consumer maintenance. For marina operators, the platform determines exact locations of stored boats, trailers in the yard or in rack storage, and allows rental fleets and boat clubs to interact with users of their vessels for a better consumer experience. Commercial Finance Providers can perform floor checks remotely, to verify that their collateralized assets are properly located, saving the dealer and financier countless hours. At purchase, the new owner may choose to subscribe to Radian's end-user platform. With no device to buy, those who opt-in only pay an annual platform subscription, making Radian the most affordable consumer monitoring solution available on the market.
The Radian web-based user interface is designed with easy-to-search analytics and a dynamic, rule-based alerting engine with user-friendly pre-programmed and custom alerts. With multi-channel notifications, asset managers can receive email, text, web and mobile app notifications. It has fully customizable ecommerce integration, supporting order management, invoicing, subscription management and payment processing systems. Consumers can download the Radian IQ app from the Apple App Store or Google Play for android users.
"We are honored to receive this recognition from the NMMA and BWI," said Scott Crutchfield, Radian founder and president, and a former owner in MasterCraft Boats. "Our entry in the IBEX Innovation Awards program is the culmination of years of hard work and we are grateful to the judges for their careful consideration."
For more information on Radian IoT, Inc. and its full line of capabilities, visit radianiot.com or request a demo by emailing Radian Founder/President Scott Crutchfield at .