Fifth acquisition in three years, coupled with strong organic growth, solidifies Telogis’ position as one of the fastest growing enterprise Software-as-a-Service providers of location-based intelligence solutions.
Telogis, a platform for location intelligence, has announced the acquisition of the assets of Maptuit®, a leading provider of connected navigation for commercial fleets. This acquisition — the company’s fifth in three years — expands Telogis’ services as the market increases its adoption of location-based Software-as-a-Service (SaaS) solutions. Maptuit’s commercial navigation technologies further enhance the Telogis enterprise platform of SaaS products, which include fleet management, navigation, multi-vehicle route optimisation and planning, work order management and mobile integration.
“This acquisition adds a new dimension to our platform,” said Newth Morris, president, Telogis Route and Telogis Mobile. “With these advances, Telogis further differentiates itself in the market by providing the most comprehensive suite of location intelligence solutions on a single platform.”
Enhancements to the Telogis platform resulting from this acquisition include an advanced location-based service (LBS) engine that receives feedback from the field on road conditions and physical restrictions that may not be captured by commercial and open source map data. These capabilities are critical not only to the commercial navigation markets where Maptuit has been successful, but also to industries such as mining, and oil and gas, which operate in remote regions where map data coverage is limited.
Maptuit’s technologies also allow companies to specify “known-good” routes and yard-approaches. These capabilities help companies improve the safety of route operations and are increasingly important in international markets where bonded routes exist.
Telogis will integrate Maptuit’s technologies directly into its enterprise platform, thereby expanding the Telogis customer base by more than 100,000 subscribers.
“The commercial navigation technologies that Maptuit has revolutionised will enhance all of the applications on our platform — route planning, navigation, execution analytics — and position our company to best handle the growing location intelligence needs of companies worldwide,” said Morris. “This acquisition complements the Telogis platform with a unique set of high-value capabilities that allow companies to dramatically transform their operations, improve safety and lower operating costs.”
