Telefónica and Geotab launch fleet management solution
Published on November 19, 2014
The agreement brings Geotab’s leading fleet transport telematics solutions to Europe and complements Telefónica’s telematics portfolio; Geotab devices have been deployed in over 400,000 vehicles and currently support 40% of the top ten fleets in North America
Madrid, November 19, 2014 - Telefónica and Geotab, a leading provider of m2m fleet transport telematics technology, have today announced an agreement to partner in Europe. The agreement will initially focus on the markets of Spain, Germany and the U.K. with the intention to explore Latin American markets in the near future.
The solution, which includes Geotab’s plug-and-play device, offers real time fleet management and the ability to develop a number of alerts, notifications, and review driver trip and activity reports. Advanced features also include on-board diagnostics through engine indicators to return feedback, such as engine failures, or an in-depth engine fault code diagnosis; detect accidents and retrace cause of the accident; and allow add-ons such as a navigational device, NFC driver ID key, sensors and more.
The technology will help businesses improve their on-road productivity, on-road safety, and ecological efficiency, in addition to optimizing fleet performance to reduce fuel costs. Fleet managers will gain more intelligence across multiple vehicles giving them the data and insights needed to make more informed business decisions in real-time. Furthermore, drivers will have more insight over their individual vehicles.
Through this agreement, Telefónica extends its fleet management offer to further cover the global needs for its clients of both large corporations and small and medium size companies.
Surya Mendonça the m2m Managing Director at Telefonica, said, “We’re delighted to partner with Geotab, who through continuous innovation have many of the world’s largest fleets already using their product. This agreement allows Telefónica to provide a best-in-class ‘plug and play’ fleet telematics product in Europe that reinforces our portfolio and gives our m2mcustomers further access to the strongest solutions.”
“We are seeing tremendous growth for fleet management solutions worldwide and the wireless carriers are now becoming an integral component of the fleet telematics and connected machine ecosystem. We are impressed by the Telefonica m2mteam and look forward to working together with Telefonica to deliver the most advanced fleet telematics solution in the market,” said Neil Cawse, CEO of Geotab.
About Telefónica
Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. With its best in class mobile, fixed and broadband networks, and innovative portfolio of digital solutions, Telefónica is transforming itself into a ‘Digital Telco’, a company that will be even better placed to meet the needs of its customers and capture new revenue growth. The company has a significant presence in 21 countries and a customer base of more than 316 million accesses around the world. Telefónica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy. Telefónica is a 100% listed company, with more than 1.5 million direct shareholders. Its share capital currently comprises 4.551.024.586 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, New York, Lima, and Buenos Aires. For more information about Telefónica m2m business, visit m2m.telefonica.com or follow on Twitter at @m2mtelefonica and LinkedIn.
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Media Contact
Hanna Corrente
Manager, Strategic Communications & Public Affairs
pr@geotab.com
About Geotab
Geotab is a global leader in connected transportation solutions. We provide telematics — vehicle and asset tracking — solutions to over 50,000 customers in 160 countries. For more than 20 years, we have invested in ground-breaking data research and innovation to enable partners and customers, including Fortune 500 and public sector organizations, to transform their fleets and operations. With over 4 million subscriptions and processing more than 75 billion data points a day, we help customers make better decisions, increase productivity, have safer fleets, and achieve their sustainability goals. Geotab’s open platform and Marketplace, offers hundreds of third-party solution options. Backed by a team of industry leading data scientists and AI experts, Geotab is unlocking the power of data to understand real-time and predictive analytics — solving for today’s challenges and tomorrow’s world. To learn more, visit www.geotab.com, follow @GEOTAB on X and LinkedIn or visit the Geotab Blog.
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