DANA POINT, CA. With over 20 years of experience in vehicle telematics, Verizon sees “a dramatic transformation” coming in mobile resource management driven by new technologies, according to Andres Irlando, CEO of Verizon Telematics.
Having acquired Hughes Telematics and NetworkFleet four years ago, the company will triple its fleet subscriptions with Telogis and a pending acquisition of Fleetmatics, he said during a Telogis user conference. With its scalable software as a service platform, Telogis gives Verizon an enterprise solution for large fleets, Fleetmatics a dedicated solution for mid-sized fleets, and Networkfleet a lower-cost telematics system for smaller fleets. The three companies combined currently process 2.6 billion data points a month, Irlando said.
“Ultimately what we believe is this is about big data services, about harnessing and collecting the data, about overlaying analytics on top of it and redeploying that data to lower costs and enable our customers to differentiate themselves in the marketplace.”
Having partnered with General Motors for the launch of its OnStar service 20 years ago, the new structure also positions Verizon to increase its OEM partnerships, Irlando said, who announced that Telogis has just signed such agreements with Nissan for its new van products and John Deere for its construction equipment. “We believe embedded solutions [like these] will be the norm in the not-too-distant future,” he said.
The acquisitions also bring global reach in over 100 international markets for connected or even a single MRM platform for international fleet operations, Irlando speculated.
He also pointed to Verizon expertise in data security, “which will soon be a most critical issue for any connected business,” and in “Internet of Things” (IoT) integration for intelligent automated systems as major assets for its future development of advanced fleet management systems.