Telefónica and Geotab, the North American-based provider of M2M fleet transport telematics technology, have today (19 November 2014) announced an agreement to partner in Europe. The agreement will initially focus on the markets of Spain, Germany and the UK. 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; accident detection and the ability to retrace the cause of the accident and add-ons such as a navigational device, NFC driver ID keys and a variety of sensors.
The technology will help businesses improve their on-road productivity, on-road safety, and ecological efficiency, in addition to optimising 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 M2M customers 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 M2M team 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.