Fleetmatics Further Solidifies Market Leadership in the Americas with Berg Insight Recognition
DUBLIN and BOSTON, Oct. 14, 2014 /PRNewswire/ -- 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), announced today that industry analyst firm Berg Insight has recognized the company as the largest provider of fleet management solutions in the Americas in the "Fleet Management in the Americas – 4th Edition" report.
"According to our research, we see the fleet management market continuing to show strong growth between 2014 and 2018. Fleetmatics has already cemented its place as a market leader in North America based on its overall performance," said Johan Fagerberg, Director of Berg Insight. "As the market expands over the next five years, companies like Fleetmatics who continue to invest resources in developing their product set and customer base will be in a good position to reap significant benefits."
The report cites Fleetmatics' impressive 39% year-over-year growth and an estimated 400,000 subscribed vehicles in North America by the end of 2013 as core criteria for its ranking. Additional criteria included market expansion, product portfolio and business model. As of July 2014, Fleetmatics reported more than 500,000 vehicles under subscription worldwide and that the company has collected more than 62 billion data points for benchmarking purposes and for providing insights to customers.
"Fleetmatics continues to reach new milestones in terms of revenue, company size and the breadth of our customer base," said Jim Travers, Fleetmatics' Chairman and CEO. "Being acknowledged by Berg Insight as the largest fleet management company in the Americas is a testament to our sales strategy, product innovation and award-winning customer service that has not only fueled our rapid customer acquisition, but also retention and growth of existing customers."
About Fleetmatics Group PLC
Fleetmatics Group PLC 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 July 31, 2014, Fleetmatics served over 23,000 customers, with over 500,000 subscribed vehicles worldwide.
To learn more about Fleetmatics, visit www.fleetmatics.com.
Media Contact:
Lauren Wint, Fleetmatics
[email protected]
Office: +1 847-709-5467
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SOURCE Fleetmatics Group PLC
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