Fleetmatics, a leading global provider of software-as-a-service (SaaS)-based mobile workforce solutions, has announced that it has surpassed 500,000 vehicles under subscription, making its subscriber base the fastest growing in the fleet management industry, according to a press release.
Fleetmatics is a data-driven company, boasting more than 62 billion data points collected for the analytics and adjoining information it provides its clients. Fleetmatics essentially offers data delivery that helps fleet owners streamline their operations to increase revenue, reduce costs and maximize profits.
An example of “business intelligence-driven insights [turned] into actionable corrections,” according to the release, is a Fleetmatics client called Express Energy Services, which has a 1,200-vehicle fleet. After implementing Fleetmatics, the company reduced fuel costs by over $80 per vehicle per month ($1.15 million in annual savings) and reduced accidents from 37 to 7 in one year, the release said.
Earlier this year, Fleetmatics also introduced a new and robust platform as well as three products with new and innovative features: Fleetmatics REVEAL, Fleetmatics REVEAL+ and Fleetmatics WORK, all of which provide user-friendly yet powerful fleet management solutions for businesses of all sizes spanning a broad range of industries.
"Having exceeded 500,000 subscribed vehicles is a significant milestone for our company," Jim Travers, Fleetmatics Chairman and CEO, said in the press release. "Our growth continues to be fueled by an underpenetrated global market, a leading software platform, and an efficient web-selling model to small-and-mid-sized businesses."
For more information visit www.fleetmatics.com.