Eagle-i has launched a new technology
platform for its key partners and corporate and enterprise clients
in the contract hire and insurance sectors, explaining that this
follows a “strategic withdrawal” from the SME telematics
market.
Following a company restructuring with the
formation of a new subsidiary called Asset Outlook, the software
house has now launched Open Asset Ecosystem, a technology platform
which it said will overcome the lack of interoperability between
different systems currently existing in the telematics
industry.
Go deeper with GlobalData
The company said that the SME “track and trace”
market was becoming congested, with “hundreds of competing
suppliers fighting for market share in an environment of falling
prices, narrowing margins and constrained contract finance.”
As a consequence, its new system would target
larger fleet operators and leasing companies, with business units
or customers currently using an array of standalone telematics
systems.
Asset Outlook commercial director Andrew Hunter
said: “We see many large companies running a number of standalone
telematics solutions across their divisions and in some cases the
number runs to double figures, but with little or no aggregated
value or benefit to the company, only increased costs and supplier
risk.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
