GE-PHH Merger to Create Unprecedented Volume of Fleet Data
– George Kilroy, president and CEO of PHH Arval, expects the proposed merger of PHH and GE Capital Solutions Fleet Services will result in one of the most complete and accurate fleet information databases in the world.
“When we merge our databases, the new company will have an unprecedented volume of fleet data across all vehicle makes and models, geographies, and industries, as well as current and historical expense data,” Kilroy said. “Not only will this give fleet managers greater information accuracy for benchmarking fleet performance and decision-making, it will also provide a deep foundation for advanced analytics and consulting that will help them reduce incidents, such as mechanical breakdowns and fleet accidents and the associated costs.”
With a significantly greater volume of data to draw upon, Kilroy expects the new company to accelerate development of advanced consulting and analysis tools to drive greater cost efficiencies, productivity improvements, and proactive decisions for fleet customers.
In a recent study conducted by PHH, fleet managers rated access to fleet policy and cost benchmarking data as the most important among information-related services.