Saturday, February 10, 2024

The telematics market continues to grow in most sectors, although increasing penetration is holding back growth. Several vendors reported that their replacement sales now match or exceed sales from new buyers. Small and medium TSPs continue to be acquisition targets for the largest players. The state fleet market, which lags behind other industries, has become more active with the introduction of GPS management, despite the fact that minimum bidding requirements in RFP requirements force suppliers to generate sales. every few years.

As this market matures, mergers and acquisitions are strong. Driscoll provided several examples of recent acquisitions and partnerships, noting more to come. Telematics Solution Providers (TSPs) have to continually expand their systems with new features and functions to remain competitive. Some TSPs develop their own value-added services. New features, such as video and field service management, offer additional revenue opportunities.

Telematics is still primarily commercial, and while pay-per-mile insurtechs are now expanding into the auto insurance market, the technology is still far from mainstream customer service. The data telematics provided can transform processes and product offerings, creating opportunities for innovation. It is the data and its use that is becoming more widespread, data collection is secondary. The ubiquity of data and its cost of acquisition are not so present, but we will be able to do so in the coming years. The introduction of 5G services will give a boost to the telematics industry as it relies heavily on connectivity. Unlike other developments in the insurtech sector, electrical engineering is the driving technology rather than artificial intelligence. All this and much more. In this issue we introduce you to companies that bring all the wonders to life:

Callpass

CEO/President: Jason Ashton
HQ: Clearwater, USA
Website: callpass.com

CallPass provides a multitude of hardware products meeting all potential tracking needs. Track vehicles, equipment, machinery and more with indoor and outdoor capabilities. CallPass’ asset tracking solutions platform gives the resources to act and manage assets while raising business to new heights. Location-based information provides powerful business intelligence at fingertips.

Cango Mobility

CEO: Dumitru Puiu
HQ: Bucuresti, Romana
Website: cangomobility.com

CANGO provides innovative and integrated tailor fit solutions for various industries like smart mobility and public transportation. CANGO is specialized in the development of products and solutions for CANbus and vehicle data signals.

CM Telematics

CEO & President: Bill Powers
HQ: Cambridge, USA
Website: cmtelematics.com

CMT is the world’s largest smartphone telematics provider, powering 79 programs around the globe with leading insurers, automotive manufacturers, and mobile network operators. Using mobile sensing and IoT, machine learning, and behavioral science, CMT’s telematics platform measures driving behavior to empower driver improvement and reduce risk, provides instant crash alerts and roadside assistance to drivers in need, and creates a smooth connected claims process to reduce costs and improve efficiency. CMT has more drivers on the roads, analyzes more data, enables smarter choices, and gets better results.

ERM Telematics

CEO & President: Meir Hayman
HQ: Rishon LeZion, Israel
Website: ermtelematics.com 

ERM Advanced Telematics is an international automotive technology company that was founded in 1985. ERM designs develop and manufacture a wide range of innovative solutions for connected cars, telematics, driver and passenger safety, diagnostic and vehicle security. ERM’s solutions are designed to improve the protection, reduce the operational costs and ease the management of vehicles, fleets of vehicles, and valuable assets for both the service provider and the end customer.  The company’s solutions are based on a range of wireless technologies including all available cellular communications, RF, Wi-Fi, and Short-Range wireless communication.

Field Logix

CEO: Yukon Palmer
HQ: San Diego, USA
Website: fieldlogix.com 

FieldLogix is one of the more enduring Field Resource Management companies in industry, and is also one of the most efficient. They focus heavily on automating processes to make customer experience pleasant and non-disruptive, while also giving the ability to easily pick up a phone and talk to them. These processes, along with a user-friendly and reliable product, have helped them grow rapidly to become leading fleet management & mobility provider.

Geotab

Executive Vice President, Sales & Marketing: Colin Sutherland
HQ: Oakville, Canada
Website: geotab.com

Geotab is advancing security, connecting commercial vehicles to the internet and providing web-based analytics to help customers better manage their fleets. Geotab’s open platform and Marketplace allow both small and large businesses to automate operations by integrating vehicle data with their other data assets.

Geothentic

Founder & President: Guillaume Poudrier
HQ: Montreal, Canada
Website: geothentic.com

A fleet management industry expert and leader, Geothentic develops geolocation systems for vehicle fleet management. The ORCA GPS tracking vehicle fleet management system created by the Géothentic company in March 2006 is an integrated tool for controlling fleets of trucks or vehicles. 

GPS Lockbox

CEO: Steven Jacobs
HQ: Washington, USA
Website: gpslockbox.com 

Since 2005, GPSLockbox has been setting the standard for commercial-grade tablet cases and docking vehicle solutions. With over 40+ years of experience in the wireless and telematics industry, GPSLockbox remains on the forefront of mobile mounting solutions – and continue to innovate for the next generation of drivers. Their products are installed in some of the biggest names in the commercial transportation industry, and featured in FirstNet.com website for First Responders and other Emergency Response users.

Mix Telematics

CEO: Stefan Joselwitz
HQ: Midrand, South Africa
Website: mixtelematics.com

Mix Telematics, founded in 1996 by Stefan Joselowitz, is a leading global provider of fleet and mobile asset management solutions. the company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency, compliance and security.

National Fleet Tracking

Founder & CEO: Byron Stinson
HQ: Glen Rose, TX
Website: nationalfleettracking.com

National Fleet Tracking provides solutions to companies who have mobile fleets that want to track crucial data and implement changes to the way they do business in order to get the most out of their fleets. The company’s web based platform keeps your data at your finger tips no matter  whether you’re on the go using your cell phone or sitting in your office on your PC.

Onfleet

Co-Founder & CEO: Khaled Naim
HQ: San Francisco, CA
Website: onfleet.com

Onfleet is a San Francisco-based technology company that builds software for last mile delivery operations. Founded in 2012 by a team of engineers at Stanford University, Onfleet is a financially independent private corporation powering millions of deliveries every month for some of the most innovative companies in the world.

Pitstop

Founder and CEO: Shiva
HQ: Toronto, Canada
Website: pitstopconnect.com

Pitstop is a cloud-based Predictive Maintenance Platform, enabling fleets to leverage the wealth of data and information available from their vehicles in order to cut costs, reduce downtime and drive value. Combining leading AI technology and machine learning, Pitstop predicts and communicates vehicle failures, the maintenance needs of vehicles, and vehicle-related data in real-time (i.e. battery voltage, fuel trims, diesel exhaust parameters, etc.). 

Safefleet

Chairman and CEO: John Knox
HQ: Belton, USA
Website:safefleet.net

Safe Fleet looks at safety as a whole—safer fleets for humans, and safer fleets for businesses. Instead of sourcing multiple products from multiple manufacturers, and hoping they play well together, they think there’s a smarter way to approach fleet safety. Safe Fleet created a unified platform for total safety for fleets of every type, providing access to an unrivalled range of best-in-class smart solutions.

Samsara

Co-founder and CEO: Sanjit Biswas
HQ: San Francisco, USA
Website: samsara.com

Samsara is the leader in Industrial IoT. Our mission is to increase the safety, efficiency, and sustainability of the operations that power our economy. Samsara’s portfolio of complete Internet of Things (“IoT”) solutions combine hardware, software, and cloud to bring real-time visibility, analytics, and AI to operations. Samsara serve over 20,000 customers across diverse sizes and industries, from transportation and logistics to field services, food production, energy, construction, local governments, and manufacturing.

Sentiance NV

CEO: Toon Vanparys
HQ: Antwerpen, Belgium
Website: sentiance.com

Sentiance is an intelligence-driven data science and behavior change company. They turn motion data into contextual insights and use behavioral change techniques to personalize engagement for safer and sustainable mobility and wellbeing experiences. Sentiance empowers the world’s leading companies to create personalized engagement services and products through intelligent contextual recommenders, delivering technology for a new human-centric economy where the user is in control of data. 

Smartcar

CEO & Founder: Sahas Katta
HQ: Mountain View, California
Website: smartcar.com

Smartcar enables mobility businesses to integrate their apps and services with connected cars. Easily retrieve vehicle data and trigger actions with our simple and secure car API. Track a vehicle’s location, verify mileage, share a virtual key, start charging an EV, and more with Smartcar

Sygic

CEO: Martin Strigač
HQ: Bratislava, Slovakia
Website: sygic.com

The company was founded in 2004 and is headquartered in Bratislava, Slovakia. It became the first company to offer navigation for iPhone and second for Android. In 2015 Sygic reached milestone of 100 million downloads of its consumer Sygic GPS Navigation app, today it has more than 200 million users worldwide.

Trimble

CEO: Robert Painter
HQ: Stewart Drive Sunnyvale, California
Website: trimble.com

Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming industries such as agriculture, construction, geospatial and transportation and logistics. Trimble solutions are used in over 150 countries around the world. Employees located in more than 40 countries, coupled with a highly capable network of dealers and distribution partners, serve and support our customers.

Utilimarc

CEO: Christopher Shaffer
HQ: St. Louis Park, USA
Website: utilimarc.com

Utilimarc is leading the industry in business intelligence solutions for enterprise fleets. They work closely with customers to ensure their data is actionable and reliable to inform sustainable change within their organization. 20 years of industry experience working with diverse data silos from the nation’s largest utility fleets has driven them to develop our BI platform that connects and unifies fleet data sources into a single environment.

Verizon Connect

CEO: Jill Ward
HQ: Dublin, Ireland
Website: verizonconnect.com

Track vehicles in the field, improve fleet operations, increase worker productivity and encourage safer driving with Verizon Connect fleet management solutions. Choose from a range of customizable GPS tracking solutions that offer dashboards, reports and alerts.

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