Construcciones Yamaro: Geotab teams up with EROAD
Global telematics company Geotab has partnered with EROAD to provide affordable and powerful fleet management solutions for businesses across Australia and New Zealand.
The first initiative of the partnership is the launch of EROAD Locate, a simple and cost-effective telematics solution for light commercial vehicles. This product will be introduced in New Zealand and Australia, targeting fleet operators who need a straightforward solution to track and manage their vehicles efficiently.
David Brown, associate vice president for Geotab APAC, said: “Fleet managers across Australia and New Zealand now have an appealing and affordable option for light commercial vehicle fleets, allowing more businesses to access the benefits of telematics. This partnership will continue to deliver fantastic solutions for fleets with complex needs.”
This collaboration brings together the strengths of both companies, unlocking new opportunities in the light commercial vehicle sector by integrating Geotab’s affordable hardware with EROAD’s advanced fleet management platform.
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EROAD co-CEO Mark Heine explained that the company is constantly seeking ways to help its customers operate safer, more efficient and sustainable fleets.
“This partnership with Geotab accelerates our ability to deliver a low-cost, high-quality solution that meets the needs of a wider range of fleets, especially those that have been priced out of telematics solutions in the past,” said Heine.
Geotab’s partnership with EROAD, one of the largest telematics providers in the Australia and New Zealand markets, aims to empower more customers with enterprise-grade solutions to help manage complex transport and regulatory challenges. Geotab has over 4.4 million connected vehicles globally and strong original equipment manufacturer (OEM) relationships, which will enable EROAD to provide a broader range of solutions to meet the diverse needs of its customers.
The global telematics market is growing at an annual rate of around 12 to 16 per cent, with significant potential in both New Zealand and Australia. It is estimated that the light commercial vehicle fleet size is around 800,000 in New Zealand and 4 million in Australia, according to a December 2022 report by Berg Insight. However, EROAD’s research indicates that only 48 per cent of these fleets currently use telematics, revealing a substantial opportunity for growth in this space.
This partnership will drive future growth for both companies, continuing innovation in fleet management, delivering greater value to customers, and expanding their regional footprint.
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