Commercial Vehicle Telematics (CVT) solutions include embedded telematics, portable telematics, and smartphone-based telematics. Telematics systems gather information related to vehicle location, driver behavior, time and velocity, and safety metrics. Fleet managers use vehicle telematics solutions to gather and monitor a wide range of data from fleets of trucks, cars, ships, and other types of vehicles. CVT systems track vehicle activity using sensors, GPS, onboard engine diagnostics, and geofencing. These solutions record vehicle movements and conditions at numerous points in time. Typically, the vehicle is fitted with a small device that collects data. Modern telematics systems use cutting-edge remote communication technologies.
360Quadrants, the most granular comparison platform, has released a quadrant on Best Commercial Vehicle Telematics to help businesses make quicker and more informed decisions. 360Quadrants combines inputs from various experts, buyers, and vendors, and conducts extensive secondary research based on data from annual reports, company press releases, investor presentations, white papers, and various directories and databases to rate the companies in every quadrant.
360Quadrants has over 50 Industry Experts with significant experience in the field of Commercial Vehicle Telematics. These experts help make the decision-making process smoother to ensure that users are provided with the best software for their business needs and requirements at optimal cost. Experts also provide buyers recommendations to improve business and resolve queries.
Quadrants are updated every six months based on market and regional analyses and developments in the Commercial Vehicle Telematics market.
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Top Vendors in Commercial Vehicle Telematics:
360Quadrants covers 130 companies in the Commercial Vehicle Telematics space and places the top 25 of them in a quadrant based on their quality, reliability, and business outcome. These 25 companies are categorized under visionary leaders, innovators, dynamic differentiators, and emerging companies.
Trimble Inc, Verizon Communications Inc, Octo Telematics Ltd, GPS Insight, Mix Telematics, Zonar Systems, Geotab Inc, Cisco Systems Inc, Airiq Inc, Webfleet Solutions, Volkswagen AG, and Donlen.
Omnitracs LLC, Descartes Systems Group, Microlise Telematics Pvt. Ltd., Enterprise Fleet Management Inc, Emkay Inc, Inseego Corp., Masternaut Limited (Michelin), and Arvento.
Teletrac Navman, Gurtam, Actia SA, Aplicom and G7 Networks.
The 360Quadrants platform provides the most granular Commercial Vehicle Telematics comparisons between vendors.
360 Scoring Methodology
Trimble Inc, Verizon Communications, and Octo Telematics were rated on 360Quadrants using the following methodology:
1. A highly experienced team of researchers and senior analysts conduct extensive research to generate a list of vendors (competitors).
2. A patent-pending algorithm is used to collect inputs from key stakeholdersindustry experts, buyers, vendors, and 360Quadrants analystsbased on criteria for Product Maturity and Company Maturity.
a) Criteria under Product Maturity include breadth and depth of product/service offering, product features and functionalities, product differentiation, and their impact on customer value.
b) Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sector footprint.
3. 78 in-depth parameters are considered for research for the Commercial Vehicle Telematics market. These parameters are updated every 6 months to ensure latest developments are taken into consideration.
4. A weight is assigned to each stakeholder based on information gathered pertaining to the above criteria as well as inputs from stakeholders. These inputs follow the order of priority given below:
b) Industry Experts
c) 360Quadrants Analysts
d) Vendors (Competitors)
5. The inputs are analyzed, and a final rating is assigned to each vendor (competitor).
6. After the finalization of ratings, each vendor is placed in the most relevant quadrant based on their score.
360Quadrants is the largest marketplace looking to disrupt US $3.7 trillion of technology spend and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. 360Quadrants enables vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets.
360Quadrants has also launched quadrants in fields like CRM Software, Identity and Access Management, and Electronic Health Record (EHR) Software.