Type | Subsidiary |
---|---|
Industry | SaaS fleet Management |
Founded | 2004 |
Headquarters | |
Owner | Verizon Consumer (Verizon) |
Number of employees | 3000+ (as of 2018) |
Parent | Verizon Connect |
Subsidiaries | SageQuest Visirun Inosat Global Communicate 2 Field TrackEasy[ citation needed ] |
Website | fleetmatics |
Fleetmatics was a private company owned by Verizon providing software-as-a-service fleet management. [1] Based in Dublin, Ireland it offers both web-based and mobile application services that provide fleet operators with information on vehicle location, speed, mileage, fuel usage. Verizon has the largest GPS fleet management system globally with over 1.8 million vehicles managed through over 80,000 customers. Fleetmatics also provides field management, job scheduling and workflow services.
Fleetmatics Group PLC, founded in 2004, is a provider of fleet management services delivered as software-as-a-service. [2] [3] In 2010 FleetMatics acquired US software company SageQuest LLC which provides GPS vehicle management tools for utility, cable and broadband companies throughout North America. [4] In 2016 FleetMatics expanded its Southern Europe presence through the acquisition of Inosat Global [5]
Verizon announced its intention to buy Fleetmatics for $2.4 billion in cash on August 1, 2016 [6] and the deal was consummated in November 2016 [7]
In October 2017, Fleetmatics registered Electronic Logging Device (ELD) for Android with the Federal Motor Carrier Safety Administration (FMCSA). [8]
On March 6, 2018, Fleetmatics, along with sister companies Telogis and Verizon Telematics, rebranded as Verizon Connect. [9]
Automatic vehicle location is a means for automatically determining and transmitting the geographic location of a vehicle. This vehicle location data, from one or more vehicles, may then be collected by a vehicle tracking system to manage an overview of vehicle travel. As of 2017, GPS technology has reached the point of having the transmitting device be smaller than the size of a human thumb, able to run 6 months or more between battery charges, easy to communicate with smartphones — all for less than $20 USD.
Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name of Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into the divisions Verizon Consumer and Verizon Business, and stopped using the Verizon Wireless name. Verizon is the largest wireless carrier in the United States, with 142.8 million subscribers at the end of Q4 2021.
Telematics is an interdisciplinary field that encompasses telecommunications, vehicular technologies, electrical engineering, and computer science. Telematics can involve any of the following:
Fleet management is the management of:
Orbcomm is an American company that offers industrial Internet of things (IoT) and machine to machine (M2M) communications hardware, software and services designed to track, monitor, and control fixed and mobile assets in markets including transportation, heavy equipment, maritime, oil and gas, utilities and government. The company provides hardware devices, modems, web applications and data services delivered over multiple satellite and cellular networks.
Verizon Business is a division of Verizon Communications based in Basking Ridge, New Jersey that provides services and products for Verizon's business and government clients around the world. It was formed as Verizon Business in January 2006 and relaunched as Verizon Enterprise Solutions on January 1, 2012. Between April 2014 and October 2016 its president was Chris Formant. Since November 2016 George J. Fischer is Verizon Enterprise Solution's President until he was replaced by Tami Erwin. In 2019 Verizon reorganized into three groups, renaming the former Verizon Business Solutions as Verizon Business.
PrePass is an intelligent transportation system (ITS) that electronically verifies the safety, credentials, and weight of commercial vehicles at participating state highway weigh stations. Because they comply electronically, commercial carriers enrolled in PrePass are authorized to bypass these facilities rather than pull in for manual inspection.
Telogis was a privately held US-based company that develops location-based software to manage mobile resources. Telogis sold software as a service (SaaS) which incorporated location information into applications for fleet owners as well as geospatial software development toolkits.
Telenav, Inc. is a wireless location-based services corporation that provides services including Global Positioning System (GPS) satellite navigation, local search, automotive navigation solutions, mobile advertising, enterprise mobility and workflow automation. The company’s headquarters are located in Santa Clara, California in the United States with additional offices in the U.S., Germany, Japan, Romania, China, and Brazil.
Lytx is a San Diego, California based technology company that designs, manufactures and sells video telematics products used by commercial and public-sector fleets to help improve driver safety and business productivity. Products include risk detection, fleet tracking, and driver safety programs that use artificial intelligence and analysts to identify risky driving behaviors and report real-time fleet information. The company's clients include waste management and sanitation companies, trucking and distribution, government and municipality vehicles, passenger transit, construction, utilities, telecom and field services. Lytx also provides compliance services for trucking fleets regulated by the U.S. Department of Transportation.
Masternaut is a telematics company specialising in fleet and asset management. They achieved initial recognition with Martin Port as CEO and subsequently with Martin Hiscox as Chairman were featured as a 2015 UK Government Future 50 Tech Company and in the Sunday Times Tech Track 100, a list of the fastest growing UK technology firms, in 2007, 2008, 2009, 2010 and 2014. In April 2011 Masternaut merged with former AIM-listed competitor Cybit, and is operating under the Masternaut name. The company is owned by Summit Partners and Fleetcor, following its acquisition from Francisco Partners in 2014. and are now owned by Michelin. Masternaut has around 400 employees, based in the UK and France.
Imarda, Ltd. is a privately held multinational corporation that provides in-vehicle electronic networking systems and management support of transportation services, vehicles, and mobile and transient employees. The organisation is headquartered in Auckland, with additional offices in the USA and Sydney, Australia.
KORE Wireless Group makes Internet of Things systems. It is headquartered in Alpharetta, Georgia.
Geotab Inc. is a privately held company that provides telematics hardware solutions which it presents as Internet of Things (IoT) devices. These devices feed their software as a service analytics platform. Headquartered in Oakville, Ontario it specializes in connecting commercial vehicles to the internet and providing web-based analytics for fleet management solutions. Geotab’s telematics solution allows businesses of all sizes to automate operations by integrating vehicle data and their other data assets. Geotab’s products are represented and sold worldwide through Authorized Geotab Resellers.
Teletrac is a software as a service company headquartered in Southern California, with offices in the United Kingdom. It provides cloud-based GPS fleet tracking software and is a subsidiary of Vontier.
Airbiquity Inc. is a business-to-business (B2B) software development and engineering company operating in the automotive telematics industry. Airbiquity's business model is to develop, deploy, and support the ongoing management of connected car programs for automotive industry customers.
Urgent.ly is a roadside assistance and mobility assistance technology company that was founded in May 2013 and is based in Vienna, Virginia. It develops, markets and operates a global digital platform that powers roadside assistance solutions for companies in the automotive, insurance, telematics and other transportation-focused vertical industries, including new mobility segments, in North America, Europe, Asia and Australia.
Gurtam is a developer and provider of software for GPS monitoring, vehicle telematics and fleet management.
US Fleet Tracking is a privately owned company that specializes in manufacturing and distributing GPS Tracking products and accessories designed to enable businesses and individuals to monitor their mobile assets and vehicle fleets, tracking those vehicles live, in realtime, as they move.
CalAmp is an Irvine, California-based provider of Internet of things (IoT) software applications, cloud services, data intelligence and telematics products and services. The company's technology includes edge computing devices and SaaS-based applications for remotely tracking and managing vehicles, drivers, cargo and other mobile assets. The company also owns the patents and trademarks for the LoJack Stolen Vehicle Recovery System and provides connected car and lot management products.