Fleetmatics was a private company owned by Verizon providing

software-as-a-service Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is cons ...

fleet management Fleet management is the management of: * Commercial motor vehicles such as cars, vans, trucks, specialist vehicles (such as mobile construction machinery), forklifts, and trailers * Private vehicles used for work purposes (the 'grey fleet') * Avi ...

. Based in

Dublin Dublin (; , or ) is the capital and largest city of Republic of Ireland, Ireland. On a bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, bordered on the south by the Dublin Mountains, a part of th ...

Ireland Ireland ( ; ga, Éire ; Ulster Scots dialect, Ulster-Scots: ) is an island in the Atlantic Ocean, North Atlantic Ocean, in Northwestern Europe, north-western Europe. It is separated from Great Britain to its east by the North Channel (Grea ...

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

speed In everyday use and 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 scalar quanti ...

, 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

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 and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

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

Verizon Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in ...

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