Fleetmatics Extends Share in Mid-sized Fleet Operator Market
Fleetmatics Group PLC (NYSE: FLTX), a leading global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service (SaaS), has announced that it added a record 50 new mid-market customers in the third quarter of 2015.
The company secured at least one mid-market size transaction in every country it serves during the third quarter of 2015, another record for the company. The company defines mid-market customers as small and mid-sized businesses (SMB) with fleets of 75 to 499 vehicles.
“Fleetmatics’ solutions have the scalability to accommodate the needs of this diverse customer-base by helping mobile workforces improve safety, customer service and productivity,” said Jill Ward, President and Chief Operating Officer of Fleetmatics. “This growth validates our software’s ability to provide value to mid-size businesses ranging from construction and trucking to delivery and distribution.”
Fleetmatics’ Web-based solutions are designed to provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage, and other insights into their mobile workforce, enabling them to reduce operating costs and increase revenue. In the last year, Fleetmatics has grown its overall subscriber base across industries of all sizes to 655,000 vehicles, and currently serves approximately 31,000 customers throughout the United States, Canada, Mexico, Ireland, the United Kingdom, Netherlands, France and Australia.
“We selected Fleetmatics simply because it’s the easiest system we’ve used to manage our fleet of vehicles,” said Erik Bosi, Director of Maintenance of KRD Trucking in Lynwood, Illinois, a trucking company for material hauling and heavy equipment with over 400 vehicles in its fleet. “Installation was straight-forward, so we were up-and-running in no time, enabling us to monitor idling times, locate our vehicles and review historical data. “
About Fleetmatics Group PLC
Fleetmatics Group PLC (NYSE: FLTX) is a leading global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service (SaaS). Our solutions enable businesses to meet the challenges associated with managing local fleets, and improve the productivity of their mobile workforces, by extracting actionable business intelligence from real-time and historical vehicle and driver behavioral data. Fleetmatics Group’s intuitive, cost-effective Web-based solutions provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage, and other insights into their mobile workforce, enabling them to reduce operating and capital costs, as well as increase revenue. An integrated, full-featured mobile workforce management product provides additional efficiencies related to job management by empowering the field worker and speeding the job completion process – quote through payment. As of September 30, 2015, Fleetmatics served approximately 31,000 customers, with approximately 655,000 subscribed vehicles worldwide. More at www.fleetmatics.com.
Category: Telematics
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