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TomTom Telematics Confirmed as Europe’s Leading Fleet Management Solutions Provider for Second Year

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For the second year in a row, TomTom Telematics has been recognised as Europe’s largest and most innovative provider of fleet management solutions by one of the leading M2M/IoT market analyst firms, Berg Insight.

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TomTom Telematics - Europe's leading fleet management solutions provider (Photo: Business Wire)

The results were confirmed in the recently published 11th edition of the Berg Insight Fleet Management in Europe report.

Johan Fagerberg, CEO at Berg Insight commented: “The European fleet management market has continued its rapid growth through 2016, driven by an increasing understanding of the business benefits the connected vehicle can bring to organisations. We expect that there will be more than 6.2 million active telematics units in Europe by the end of 2016, with around 1.8 million units being sold this year. TomTom Telematics has been very successful at capitalizing on this and has experienced solid revenue growth year-on-year. The company’s innovative telematics solutions for commercial vehicles have been instrumental in helping grow its subscriber base over the past few years and the company is now the largest provider of fleet management solutions in the European market.”

“It’s a fantastic achievement for us as a company to be recognised by Berg Insight two years in a row, and is testament to our focus on continuous innovation and developing our partner program,” said Thomas Schmidt, Managing Director at TomTom Telematics. “In the past 12 months we have announced a number of new alliances and integrations, which introduce our business to new customer segments and strengthen our ambitions to support the fleet industry in its digital transformation.”

-ENDS-

About TomTom Telematics

TomTom Telematics is a Business Unit of TomTom dedicated to fleet management, vehicle telematics and connected car services. WEBFLEET is a Software-as-a-Service solution, used by small to large businesses to improve vehicle performance, save fuel, support drivers and increase overall fleet efficiency. In addition, TomTom Telematics provides services for the insurance, rental and leasing industries, car importers and companies that address businesses as well as consumers.

TomTom Telematics is one of the world’s leading telematics solution providers with more than 650,000 subscriptions worldwide. The company services drivers in more than 60 countries, giving them the industry’s strongest local support network and widest range of sector-specific third party applications and integrations. More than 45,000 customers benefit every day from the high standards of confidentiality, integrity and availability of our ISO 27001:2013 certified service, re-audited in November 2015.

For further information, please visit tomtom.com/telematics

Follow us on Twitter @TomTomWEBFLEET

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Contact information

TomTom
Investor Relations:
Bisera Grubesic
Head of Treasury and Investor Relations
ir@tomtom.com
+31 20 75 75 194
or
Global Press Office:
Sarah Schweiger
Global PR Manager
sarah.schweiger@tomtom.com
+31 20 75 75 124

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