Global tech market advisory firm ABI Research recently completed their Commercial Telematics competitive assessment and ranked Geotab the top Commercial Telematics vendor after Geotab scored highest in the overall categories of implementation and innovation and had the highest scores for four of the twelve ranking criteria.
“We ranked Geotab number one in global commercial telematics solutions, as evidenced by the fastest industry climb in organic subscriptions over the last five years and a differentiated marketplace of leading partners. Geotab has a unique leadership position including electric and hybrid analytics via their FleetCarma acquisition. Security expertise is apparent as they are the first to receive FIPS 140-2 validation for their cryptographic library and as the first SaaS telematics platform to receive a GSA sponsorship for FedRAMP certification”
– Susan Beadslee: Principal Analyst, Dominique Bonte: Vice President Vertical/End Markets, ABI Research
The assessment ranked 12 major vendors in the commercial telematics industry – Geotab, Arvento, G7, Gurtam, Masternaut, MiX Telematics, Omnitracs, Teletrac Navman, TomTom Telematics, Trimble, Verizon and Zonar. Each vendor selected for the assessment was analyzed based on a combination of prognostics & analytics, monitoring, open platforms, features, tech development, UI/UX, market share, geo coverage, vertical segments, partnerships, financial strength, and solution options. To qualify as a commercial telematics solutions vendor, companies needed to have at least 400,000 active subscribers specifically within the commercial vehicle market.
Geotab more than fits the bill when it comes to active subscribers. The company has seen 44% growth from 940,000 net active subscribers to 1.363 million, including many large fleet customers. Geotab expects to grow another 35% to 40% in 2019. As for partnerships, Geotab was awarded the world’s largest telematics contract (for 217,000 vehicles) from GSA Fleet, a division of the General Services Administration (GSA) that provides centralized procurement for U.S. federal agencies.
The huge success Geotab has experienced already and their continuing growth makes them one of the fastest-growing global telematics companies in the world. Not only does the company have active Geotab GO devices in 119 countries worldwide, supply multiple Fortune 500 companies, government entities, and North America’s largest fleets, the company has also doubled it number of employees and continues to grow significantly year over year.
If you’re looking for a reputable telematics company, look no further than Geotab. Contact our team at GPS to GO today to learn how the Geotab products and services we proudly offer our clients will save your business time and money!
For more on ABI Research’s Commercial Telematics Vendor Ranking for Geotab, click here.