SCOTTSDALE, Ariz., Dec. 1, 2016 /PRNewswire/ -- ABI Research ranks Verizon as the leader among 12 strategic commercial telematics suppliers considered in its latest competitive analysis. Trimble and TomTom Telematics receive second and third place, respectively. Verizon's dramatic acquisition strategy results in a wealth of ecosystem partners, a broad product portfolio, and extensive vertical segments to place it in a strong position with the potential for massive scale during the continuing consolidation of the commercial telematics industry.
The top five companies, overall, listed by rank include Verizon, Trimble, TomTom Telematics, Omnitracs, and Geotab. Verizon, Trimble, Teletrac-Navman, Omnitracs, and Geotab are the top five commercial telematics vendors for best implementation due to their organizational health, ecosystem partnerships, and product portfolios. Meanwhile, Trimble, Verizon, TomTom Telematics, Geotab and Omnitracs are the top five most innovative thanks to their work in vehicle monitoring, feature sets, and cloud/convergence.
"Verizon, with the acquisitions of Fleetmatics and Telogis, will be the largest global commercial telematics vendor by an order of two times," says Susan Beardslee, Senior Analyst at ABI Research. "Telogis brings a wealth of enterprise capabilities, OEM relationships, and long-haul fleets; while, Fleetmatics brings a significant subscriber base in local field service, with a strong presence in Western Europe."
"The industry will see continued transformation through strategic acquisitions, partnerships, and consolidation as suppliers shift toward more open platforms, connected solutions, and prognostics," concludes Beardslee. "Examples of this include Geotab's open API platform and certified channel partners, Omnitracs' recent Intelligent Vehicle Gateway (IVG), and Trimble's PeopleNet for built-in remote diagnostics."
These findings are from ABI Research's Commercial Telematics: Competitive Assessment of Strategic Innovation and Implementation (https://www.abiresearch.com/market-research/product/1025967-commercial-telematics/) report.
About ABI Research
ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.
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SOURCE ABI Research