Location: Memphis, Tennessee, United States United States
Founded in: 2015
Stage: Revenue generating
Number of employees: 1-5
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Preteckt Inc

Memphis, Tennessee, United States United States
  • About
Company description
Preteckt provides a hardware and software solution that uses machine learning to predict vehicle breakdowns before they cost you money. Our hardware is currently deployed on trucks and buses that are part of SMB fleets. 30% of a truck's annual profits are lost when it suffers an on-the-road breakdown. They suffer an average of 1 breakdown every year, each time creating a preventable loss of $4,000. 30% of their bottom line can be added back by taking care of these issues in the shop instead of on the road. Preteckt has worked with OEMs and trucking fleets to develop the hardware, software, and algorithms needed to predict breakdowns. The hardware installs in seconds. Trucks on our network learn from each other, and from the mechanics that are using our system. This allows us to identify the precursors to breakdowns weeks in advance. Our customers have time to route their truck back to the garage to fix the problem before it causes downtime and return 30% to their bottom lines.