Fleetmatics, a global provider of fleet management technology, announced that is is continuing to deliver on its global expansion plans with simultaneous launches into the Australian and Dutch markets. With the expanded operations, FleetMatics says it will provide local fleet-based businesses a new choice in fleet management technology. Fleetmatics says it has more than 20,000 customers and software designed to increase mobile workforce and fleet productivity, safety and security, while decreasing costs related to fuel consumption, unauthorized used and payroll discrepancies.
The timing of the launch is crucial for Australia, in particular, where petrol prices throughout the region continue to climb with local economists noting the start-of-year price increase is the biggest the nation has seen since 2004.
According to this report 1 , the fleet management market is forecasted to grow from $10.9B in 2013 to $30.5B in 2018, a 22.8 percent increase.
References ^ report (www.prnewswire.com)