Fleetmatics was a private company owned by Verizon providing

software-as-a-service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...

fleet management. Based in

Dublin Dublin is the capital and largest city of Republic of Ireland, Ireland. Situated on Dublin Bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, and is bordered on the south by the Dublin Mountains, pa ...

Ireland Ireland (, ; ; Ulster Scots dialect, Ulster-Scots: ) is an island in the North Atlantic Ocean, in Northwestern Europe. Geopolitically, the island is divided between the Republic of Ireland (officially Names of the Irish state, named Irelan ...

it offers both web-based and mobile application services that provide fleet operators with information on vehicle location,

speed In kinematics, the speed (commonly referred to as ''v'') of an object is the magnitude of the change of its position over time or the magnitude of the change of its position per unit of time; it is thus a non-negative scalar quantity. Intro ...

, mileage, fuel usage. Verizon has the largest GPS fleet management system globally with over 1.8 million vehicles managed through over 80,000 customers. Fleetmatics also provides field management, job scheduling and workflow services.

Company overview

Fleetmatics Group PLC, founded in 2004, is a provider of fleet management services delivered as

. In 2010 FleetMatics acquired US software company SageQuest LLC which provides GPS vehicle management tools for utility, cable and broadband companies throughout

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

. In 2016 FleetMatics expanded its Southern Europe presence through the acquisition of Inosat Global

Verizon Verizon Communications Inc. ( ), is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the ...

announced its intention to buy Fleetmatics for $2.4 billion in cash on August 1, 2016 and the deal was consummated in November 2016 In October 2017, Fleetmatics registered Electronic Logging Device (ELD) for Android with the Federal Motor Carrier Safety Administration (FMCSA). On March 6, 2018, Fleetmatics, along with sister companies Telogis and

Telematics, rebranded as Verizon Connect.

References

{{Authority control Fleet management Companies based in Dublin (city) Companies listed on the New York Stock Exchange