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The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 5.3 million in Q4-2015, growing at a compound annual growth rate of 14.9%, this number is expected to reach 10.6 million by 2020, according to new research.
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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.
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Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.
Read More →Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.
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Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.
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With Expressfleet, business owners can gain a complete view of a fleet’s performance, keep vehicles on the road, monitor unsafe driving behavior, reduce fuel usage and improve the efficiency of drivers and technicians.
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We asked over 750 fleet professionals questions about the prevalence of each provider in the market and their brand recognition.
Read More →Geotab sold more than 150,000 GO7 devices to Verizon between February and June, the telematics company has announced.
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The State of Oregon on July 1 kicked off a new pay-by-the-mile road usage charge program. This program charges volunteer users 1.5 cents per mile while driving in Oregon and allows them to receive credit on their bill for state gas tax paid at the pump.
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Verizon Vehicle will include diagnostic technology, push-button live assistance, and roadside assistance using GPS to hasten the tow truck’s arrival.
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