This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Frost & Sullivan Honors PeopleNet For Executing Robust Strategies To Entrench Itself In The Vehicle Telematics Market

Stocks in this article: TRMB

MOUNTAIN VIEW, Calif., April 7, 2014 /PRNewswire/ -- Based on its recent analysis of the medium and heavy commercial vehicle telematics market, Frost & Sullivan recognizes PeopleNet, a Trimble company and leading provider of fleet mobility technology, with the 2014 North America Frost & Sullivan Award for Company of the Year. Acknowledging the opportunities created by regulations mandating the use of telematics, PeopleNet rolled out a slew of market expansion measures, such as launching the Precision Mobility Platform and expanding its addressable market in the energy services sector. Significantly, it also added off-the-shelf ruggedized devices to its list of handhelds and partnered with original equipment manufacturers (OEMs).

PeopleNet's focus in 2013 was to drive analytics and product feature integrations through sister companies such as VUSION, TMW systems, ALK Technologies, and GEOtrac. It signed partnerships with Volvo and Navistar, which use PeopleNet data and, in some cases, VUSION analytics tools to predict a truck's life cycle, breakdowns, and remote diagnostics, helping PeopleNet grow organically.

PeopleNet also increased its focus on smaller fleets by renewing agreements with resellers. With over 2,000 customers and an installed base of nearly 250,000 units, the company has had consistent growth over the past five years.

"To avoid overwhelming customers with options, PeopleNet launched its custom reporting capability in 2013, allowing fleet managers to create their own dropdown reporting tools by slicing and dicing the data warehouse and configuring their dashboards," said Frost & Sullivan Industry Analyst Nandini Tare. "In addition, PeopleNet developed segment-specific workflow tools for drivers, which take them step-by-step through their daily process."

PeopleNet addressed the hours of service change implemented in 2013 by updating its electronic driver log module. This module allows drivers to fax or email their electronic log books to local law enforcement at the touch of a button. PeopleNet also delivers collision avoidance and lane departure information data to on-board event reporting tools, while its energy suite has expanded to include leased-roads mapping, an energy dispatch portal, in-cab scorecards, and driver coaching tools.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs