NEW YORK, March 15, 2013 /PRNewswire/ -- Verizon is rolling out Networkfleet on the Verizon Wireless network, the company announced on Friday (March 15). Networkfleet is a fleet-management solution that provides a wide variety of monitoring and management capabilities for increased productivity and improved customer service. The Networkfleet solution -- part of Hughes Telematics, which Verizon acquired last year – will be combined with the speed and reliability of the Verizon Wireless network and will debut in Verizon's U.S. service fleet for improved monitoring, management and route optimization capabilities. With the new all-Verizon solution as part of the company's telematics portfolio, Verizon is building on its and Hughes Telematics' joint capabilities to help fleet, operations and risk managers use technology to improve operations by managing speed, fuel consumption, drivers and vehicles while optimizing vehicle use and routes using vehicle diagnostics to help hold the line on maintenance costs. "As one of the largest commercial fleet operators in the United States, Verizon recognizes the challenges and opportunities associated with managing fleets, and we continue to shape our offerings to help customers turn rolling assets into a competitive business advantage," said David Small, senior vice president and chief platform officer for Verizon Enterprise Solutions. "We see the fleet management space as a tremendous opportunity. We will continue to work with our ecosystem to serve this growing market, and we are committed to innovating in the machine-to-machine space." The Networkfleet telematics solution combines in-vehicle hardware and a Web-based application to store, view and analyze data on specific vehicles as well as overall fleet performance. Vehicles are equipped with a GPS device that sends information to the Networkfleet Data Center over a secure wireless network. Key features include GPS fleet tracking, asset tracking, fleet maps, vehicle diagnostics with alerts, roadside assistance, preventative maintenance and other fleet management tools.