PeopleNet wins prestigious telematics award
MINNEAPOLIS — PeopleNet Communications has won Frost & Sullivan’s 2007 North American Regional Fleet Telematics Growth Strategy Leadership of the Year Award.
Based on its recent analysis of the commercial vehicle telematics market, Frost & Sullivan found that PeopleNet “has developed and executed customer-focused growth strategies that enabled it to achieve strong subscriber and revenue growth rates over the 2004-2007 period, resulting in impressive market share and mind-share growth rates.”
“PeopleNet serves both the long-haul and the regional-fleet telematics market segments, where there are established and new competitors within the markets,” says Sandeep Kar, Program Manager, Heavy Truck Technologies at Frost & Sullivan. “The company’s success in making inroads into these markets and in achieving healthy internal growth highlights PeopleNet’s agility and consistency in developing product, technology, and customer service strategies that offer advanced telematics solutions to fleets that are innovative, highly customizable, competitively priced, and that offer a quantifiable return on investment.”
At the center of PeopleNet’s growth strategy is its proximity to the transportation and logistics industry, Frost & Sullivan noted. “The company strives to understand the challenges and operational restraints of the industry and offers tailored solutions that enhance fleets’ productivity and profitability, and help draw repeat business and revenue growth for PeopleNet. Further, PeopleNet’s has built strategic partnerships with technology leaders to be able to offer flexible and versatile telematics solutions.”
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