Fleetwatch has revealed South Africa has reason to be proud of our Fleet Management Companies and their achievements in the Fleet Management and Logistics Industry. Two of our major fleet management and vehicle tracking companies have been pipped by an international research group to emerge among the world leaders in a shake out in the global telematics industry.
ABI Research, operating from offices in North America, Europe and Asia, provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies.
The group says that commercial telematics systems shipments are set for solid growth with fleet management and trailer tracking system shipments expected to reach 6.4 million by 2016. However, says ABI, the fleet management industry continues to be haunted by structural problems: extreme levels of fragmentation with too many “me too” and “dots-on-a-map” providers and proprietary solutions littering the landscape. Given this, ABI says consolidation is urgently needed.
“The commercial telematics industry faces aggressive consolidation which should ultimately result in the reduction of the hundreds of vendors into at most ten major global players,” says Dominique Bonte, ABI Research telematics and navigation group director.
Bonte reckons this process is already well underway with recent mergers and acquisitions including Masternaut and Cybit, Trimble and Punch Telematics and more recently, Trimble and PeopleNet.” And here comes the good news: Among the players which ABI predicts will emerge as true global players are:
Qualcomm
TomTom Business Solutions
MiX Telematics
Daimler Trucks
Volvo Trucks
Digicore/Ctrack
Trimble.
Note that two of them, Digicore/Ctrack and MiX Telematics, are homegrown South African companies which have taken their services across the world and been extremely successful in breaking into export markets.
FleetWatch lifts its hat to both companies. You do South Africa proud!!
The Arrive Alive Road Safety website and Road Safety Blog would also like to congratulate our road safety partner Ctrack on this achievement!!
Also view:
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How much can a tracking device reduce my car insurance premium?
Fleet Management and Road Safety
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