Geotab has expanded its global presence into Southeast Asia with the opening of a new office space in Singapore, furthering the company’s presence in the region.
Geotab’s new Singapore location will be home to a local expansion team of Geotab employees as the company looks to deepen its relationship with a market that boasts a combination of a growing economy and a proactive approach to clean, smart transportation, the company said.
“Fueled by ecommerce sales that are expected to reach $172B by 2025, logistics—especially last mile delivery—represents a significant opportunity in the region,” said Deepak Kadambi, general manager of Southeast Asia for Geotab. “Another category we’re focused on is the rideshare industry which is expanding its services outside of rides and food delivery to include on-demand delivery, cab hailing, location-based offers, etc. These types of verticals are among several that can benefit from specialized connected vehicle technology to enable greater access to vehicle data—and as a result—equip businesses with the right tools to innovate and focus on efficiency both within their fleets and beyond.”
As countries in Asia look for more efficient and environmentally friendly ways to move people, goods and services and progress their smart nations, they have begun to implement legislation and other policies that could set the stage for unprecedented advances in the use of telematics, Geotab said.
Residents of the region are also largely ahead of the curve when it comes to adopting clean-energy transportation solutions. Among potential EV buyers in the region, more than half say they are willing to pay at least 21% more for an EV compared to a conventional vehicle, Geotab said.
“Expandability is one of Geotab’s key differentiators and value-adds for our customers. Our connected vehicle technology not only provides the foundation for business’ current telematics needs -- but can also extend to meet future needs including best-in-class support for EV transition and management,” said Kadambi. “Right now, Geotab supports over 100 EV makes and models, and we will continue expanding our support for new types of vehicles on an ongoing basis.”