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Dover Fueling Solutions Launches Synergy Fuel Site Controller, Allowing Digital Transformation for the Fleet & Commercial Fueling Industry

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Dover Fueling Solutions (DFS), part of Dover (NYSE: DOV), has launched the PetroVend Synergy Fuel Site Controller (PetroVend Synergy FSC), a comprehensive platform for fleet operations. This innovative solution consolidates multiple functionalities, including advanced Proprietary Card File capabilities, into a single streamlined package. Key features include:

- Remote monitoring and management of fueling devices
- Real-time visibility into site operations, transactions, and alerts
- Enhanced PCF capabilities for precise control over fuel distribution
- Integrated dispenser communications for simplified hardware requirements
- Upcoming support for Automatic Vehicle Identification (AVI) and fleet card processing

The PetroVend Synergy FSC aims to simplify operations, reduce points of failure, and offer cost savings for fleet operators. It sets a new industry benchmark for operational excellence and cost-effectiveness in the fuel and convenience retail industries.

Dover Fueling Solutions (DFS), parte di Dover (NYSE: DOV), ha lanciato il PetroVend Synergy Fuel Site Controller (PetroVend Synergy FSC), una piattaforma completa per le operazioni delle flotte. Questa soluzione innovativa consolida molteplici funzionalità, comprese le avanzate capacità del Proprietary Card File, in un unico pacchetto semplificato. Le caratteristiche principali includono:

- Monitoraggio e gestione remota dei dispositivi di rifornimento
- Visibilità in tempo reale delle operazioni sul sito, delle transazioni e degli avvisi
- Capacità PCF migliorate per un controllo preciso sulla distribuzione del carburante
- Comunicazioni tra i dispenser integrate per semplificare i requisiti hardware
- Prossimo supporto per l'Identificazione Automatica dei Veicoli (AVI) e l'elaborazione delle carte flotta

Il PetroVend Synergy FSC mira a semplificare le operazioni, ridurre i punti di guasto e offrire risparmi sui costi per gli operatori delle flotte. Stabilisce un nuovo benchmark nel settore per l'eccellenza operativa e l'efficienza dei costi nell'industria del carburante e della vendita al dettaglio di comodità.

Dover Fueling Solutions (DFS), parte de Dover (NYSE: DOV), ha lanzado el Controlador de Sitio de Combustible PetroVend Synergy (PetroVend Synergy FSC), una plataforma integral para las operaciones de flota. Esta solución innovadora consolida múltiples funcionalidades, incluyendo capacidades avanzadas del Proprietary Card File, en un solo paquete simplificado. Las características clave incluyen:

- Monitoreo y gestión remota de dispositivos de combustible
- Visibilidad en tiempo real de las operaciones del sitio, transacciones y alertas
- Capacidades de PCF mejoradas para un control preciso sobre la distribución de combustible
- Comunicaciones integradas de dispensadores para simplificar los requisitos de hardware
- Próximo soporte para Identificación Automática de Vehículos (AVI) y procesamiento de tarjetas de flota

El PetroVend Synergy FSC tiene como objetivo simplificar las operaciones, reducir los puntos de fallo y ofrecer ahorros de costos para los operadores de flota. Establece un nuevo estándar en la industria para la excelencia operativa y la rentabilidad en las industrias de combustibles y venta minorista de conveniencia.

Dover Fueling Solutions (DFS)는 Dover (NYSE: DOV)의 일원으로 PetroVend Synergy Fuel Site Controller (PetroVend Synergy FSC)를 출시했습니다. 이는 차량 운영을 위한 종합 플랫폼입니다. 이 혁신적인 솔루션은 고급 Proprietary Card File 기능을 포함한 여러 기능을 단일 간소화된 패키지로 통합합니다. 주요 기능은 다음과 같습니다:

- 연료 장치의 원격 모니터링 및 관리
- 현장 운영, 거래 및 알림에 대한 실시간 가시성
- 연료 분배에 대한 정밀한 제어를 위한 PCF 기능 향상
- 하드웨어 요구 사항을 간소화하기 위한 통합 디스펜서 통신
- 자동 차량 식별(AVI) 및 차량 카드 처리에 대한 향후 지원

PetroVend Synergy FSC는 운영을 간소화하고, 실패 지점을 줄이며, 차량 운영자를 위한 비용 절감을 제공합니다. 이는 연료 및 편의 소매 산업에서 운영 우수성과 비용 효율성에 대한 새로운 산업 기준을 설정합니다.

Dover Fueling Solutions (DFS), qui fait partie de Dover (NYSE: DOV), a lancé le Contrôleur de Site de Carburant PetroVend Synergy (PetroVend Synergy FSC), une plateforme complète pour les opérations de flotte. Cette solution innovante regroupe de nombreuses fonctionnalités, y compris des capacités avancées de Proprietary Card File, dans un seul package rationalisé. Les principales caractéristiques incluent :

- Surveillance et gestion à distance des dispositifs de ravitaillement
- Visibilité en temps réel des opérations sur site, des transactions et des alertes
- Capacités PCF améliorées pour un contrôle précis de la distribution de carburant
- Communications de distributeurs intégrées pour simplifier les besoins en matériel
- Support futur pour l'Identification Automatique des Véhicules (AVI) et le traitement des cartes de flotte

Le PetroVend Synergy FSC vise à simplifier les opérations, réduire les points de défaillance et offrir des économies de coûts pour les opérateurs de flotte. Il établit une nouvelle référence dans l'industrie pour l'excellence opérationnelle et la rentabilité dans les secteurs du carburant et de la vente au détail de proximité.

Dover Fueling Solutions (DFS), Teil von Dover (NYSE: DOV), hat den PetroVend Synergy Fuel Site Controller (PetroVend Synergy FSC) eingeführt, eine umfassende Plattform für Flottenbetrieb. Diese innovative Lösung konsolidiert mehrere Funktionen, einschließlich fortschrittlicher Proprietary Card File-Funktionen, in einem einzigen optimierten Paket. Zu den Hauptmerkmalen gehören:

- Fernüberwachung und -verwaltung von Betankungsgeräten
- Echtzeit-Transparenz über Betriebsabläufe, Transaktionen und Warnungen
- Verbesserte PCF-Funktionen für präzise Kontrolle über die Kraftstoffverteilung
- Integrierte Dispenserkommunikation zur Vereinfachung der Hardwareanforderungen
- Zukünftige Unterstützung für die automatische Fahrzeugidentifikation (AVI) und die Verarbeitung von Flottenkarten

Der PetroVend Synergy FSC zielt darauf ab, die Abläufe zu vereinfachen, Ausfallpunkte zu reduzieren und Kosteneinsparungen für Flottenbetreiber anzubieten. Er setzt einen neuen Branchenmaßstab für betriebliche Exzellenz und Kosteneffizienz in der Kraftstoff- und Convenience-Einzelhandelsindustrie.

Positive
  • Launch of PetroVend Synergy Fuel Site Controller, consolidating multiple functionalities into one platform
  • Remote monitoring and management capabilities for fleet operators
  • Advanced Proprietary Card File (PCF) capabilities for precise control over fuel distribution
  • Streamlined hardware requirements, potentially reducing costs for end-users
  • Upcoming support for Automatic Vehicle Identification (AVI) and fleet card processing
Negative
  • None.

Insights

The launch of PetroVend Synergy FSC represents a significant advancement in fleet fueling technology. By consolidating multiple functions into a single platform, Dover Fueling Solutions is addressing key pain points in the industry. The integration of advanced Proprietary Card File capabilities, remote monitoring and streamlined hardware offers potential for substantial operational efficiencies and cost savings.

The enhanced control over fuel distribution through specific fueling rules is particularly noteworthy, as it can lead to improved fuel management and reduced waste. The planned support for Automatic Vehicle Identification and fleet card processing further extends the product's value proposition. However, the true impact on Dover's financials will depend on market adoption rates and the pricing strategy, which aren't disclosed in the announcement.

While this product launch is promising for Dover's Fueling Solutions segment, its immediate financial impact may be . The fuel management systems market is competitive and the success of PetroVend Synergy FSC will depend on its ability to capture market share and generate recurring revenue through the required DX Fleet subscription.

Investors should monitor adoption rates and subscription revenue growth in upcoming quarterly reports. The potential for cost savings and operational efficiencies for customers could drive demand, but the sales cycle for such systems can be lengthy. Long-term, if successful, this product could strengthen Dover's position in the fuel management market and potentially improve profit margins through the subscription model.

DOWNERS GROVE, Ill., Aug. 7, 2024 /PRNewswire/ -- Dover Fueling Solutions ("DFS"), a part of Dover (NYSE: DOV) and a leading global provider of advanced customer-focused technologies, services and solutions in the fuel and convenience retail industries, today announced the launch of its PetroVend Synergy Fuel Site Controller™ (PetroVend Synergy FSC™), a singular platform to support fleet operations. PetroVend Synergy FSC consolidates multiple functionalities, including advanced Proprietary Card File (PCF) capabilities, into a streamlined package, offering fleet operators unprecedented control, flexibility and efficiency.

By integrating previously separate systems into one comprehensive solution, PetroVend Synergy FSC simplifies operations and reduces points of failure, leading to cost savings for the customer. Fleet operators can now remotely monitor and manage their fueling devices from any location using a PC, tablet or mobile device. When combined with the power of DX Fleet®, a required subscription for use of the platform, PetroVend Synergy FSC provides real-time visibility into site operations, transactions and alerts, allowing for proactive issues management.

"With PetroVend Synergy FSC, we are delivering a comprehensive solution to key challenges fleet operators face every day," said Michael Boyd, Senior Manager, Fleet Product Management, at DFS. "By integrating remote monitoring, advanced PCF capabilities and streamlined hardware, PetroVend Synergy FSC sets a new industry benchmark for operational excellence and cost-effectiveness."

A standout feature of PetroVend Synergy FSC is its enhanced PCF capabilities. Fleet managers can set specific fueling rules based on vehicle type, time of day and fuel type, ensuring precise control over fuel distribution and site operations and enhancing overall efficiency.

PetroVend Synergy FSC streamlines hardware requirements by integrating dispenser communications into the controller. This not only simplifies installation and maintenance but is also a cost-effective solution for end-users.

PetroVend Synergy FSC will soon support Automatic Vehicle Identification (AVI), making it possible to completely reinvent AVI from installation to maintenance. PetroVend Synergy FSC will transition AVI to a software-based integration, significantly simplifying the process and reducing costs. Fleet operators will benefit from an AVI solution that integrates smoothly into their existing system.

PetroVend Synergy FSC will also expand its capabilities to include fleet card processing, starting with Wex integration. This feature will enable operators to manage multiple fleet cards seamlessly, further enhancing efficiency and growth.

For more information on PetroVend Synergy FSC, visit https://www.doverfuelingsolutions.com/products/fleet-fuel-management-systems/petrovend-synergy-fuel-site-controller.

About Dover Fueling Solutions:

Dover Fueling Solutions® (DFS) is part of Dover Corporation and a leading provider of advanced energy dispensing equipment, electronic automation, point-of-sale and payment systems, automatic tank gauging and subscription solutions to fueling and convenience retail customers worldwide. Comprised of brands Wayne Fueling Systems, Tokheim®, OPW®, ClearView, PetroVend®, ProGauge, Fairbanks, AvaLAN Networks™, LIQAL and Bulloch Technologies®, DFS is dedicated to offering a broad range of solutions that power vehicles, including conventional fuel and clean energy products that support gasoline, diesel, bio-diesel and ethanol as well as LNG, H2, LPG, CNG and EV chargers. Headquartered in Austin, TX, DFS has a strong global manufacturing and technology development presence, including facilities in Brazil, Canada, China, India, Italy, Poland, Belgium, the Netherlands, the United Kingdom and the United States. For more information about DFS, visit www.doverfuelingsolutions.com.

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of approximately 25,000 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.

Dover Fueling Solutions Contact:
Amy Cearley, Director of Global Marketing Communications
(512) 484-4259
amy.cearley@doverfs.com 

Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com

Dover Investor Contact:
Jack Dickens, Senior Director, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dover-fueling-solutions-launches-synergy-fuel-site-controller-allowing-digital-transformation-for-the-fleet--commercial-fueling-industry-302216948.html

SOURCE Dover

FAQ

What is the PetroVend Synergy Fuel Site Controller launched by Dover Fueling Solutions (DOV)?

The PetroVend Synergy Fuel Site Controller is a comprehensive platform for fleet operations that consolidates multiple functionalities, including advanced Proprietary Card File capabilities, remote monitoring, and real-time visibility into site operations, transactions, and alerts.

How does the PetroVend Synergy FSC benefit fleet operators?

It simplifies operations, reduces points of failure, offers cost savings, provides remote monitoring and management capabilities, and enhances control over fuel distribution through advanced PCF capabilities.

What future features are planned for the PetroVend Synergy FSC by Dover (DOV)?

Future features include support for Automatic Vehicle Identification (AVI) and fleet card processing, starting with Wex integration, to enhance efficiency and growth for fleet operators.

How does the PetroVend Synergy FSC streamline hardware requirements for Dover's (DOV) customers?

The PetroVend Synergy FSC integrates dispenser communications into the controller, simplifying installation and maintenance, and potentially reducing costs for end-users.

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