
Verizon Connect unifies three leading telematics providers on a single platform that offers a wide range of compelling and ‘future-proof’ solutions, services, and features to commercial fleet customers.
Verizon Connect unifies three leading telematics providers on a single platform that offers a wide range of compelling and ‘future-proof’ solutions, services, and features to commercial fleet customers.
Verizon Telematics has become the largest provider of built-in telematics and mobile applications for commercial vehicles and has moved closer to rebranding its product offerings for its customers, CEO Andrés Irlando told an audience gathered at the annual Latitude conference.
Latitude was created in 2011 to help Telogis customers develop mobile strategies for improving their business. During the 2017 edition of the annual conference, customers listened in on panels about operational efficiency, mobile resource management, and integration strategies. Photos courtesy of Verizon Telematics.
Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.
Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.
Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.
After realizing the basic benefits of vehicle tracking, fleet operators are starting to use telematics systems to forecast demand, track historical trends, protect against false claims, and automate hours of service.
Landscaping service vehicles equipped with Fleetmatics telematics systems worked the most hours in West Virginia, increased productivity during the spring and summer, and traveled more than 100 miles per day.
Fleetmatics has released a report that includes an analysis of the driving behavior of fleets across the U.S. New Mexico and New Jersey were included in the list of top 10 states with the most severe driving incidents.
The company now counts approximately 523,000 vehicles under subscription, over 24,000 global businesses, 27 billion miles tracked and more than 62 billion data points collected.
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