Targa Telematics – Italian tech company that provides technological solutions in telematics, smart mobility and digital IoT platforms for mobility operators – strengthens its presence in overseas markets opening offices in Portugal and developing start-ups in Mexico and Brazil. This shows their strong determination of investing notwithstanding the ongoing pandemic situation.
By expanding overseas, the company develops internationally with their offices in France and the UK, at the same time operating on a global scale in the Unites States, Australia, New Zealand and Asia.
In the past five years, Targa Telematics has witnessed a steady growth thanks to a significant increase in revenue, from 5 million to 40 million euros and more than half a million assets. The ongoing technological innovation and improvement of solutions made this possible and will keep expanding in every country worldwide.
Nicola De Mattia, CEO of Targa Telematics comments: “Despite the pandemic, we continue to invest in our expansion in overseas markets with a strategic vision, knowing we have created solutions that will make a difference notwithstanding state boundaries. The aim is to export our winning value proposition in all the markets which, after initial stage of analysis, detain a high request of technological solutions. By strengthening further our growth internationally, we will be able to establish ourselves as the benchmark in smart-mobility in Europe as well as in other continents”.
ABOUT TARGA TELEMATICS
Targa Telematics is an IT company with 20-year of experience in connected vehicles. It provides technological solutions in telematics, smart mobility and digital IoT platforms for mobility operators. The company addresses short and long-term renters, large finance companies and large fleet with a range of services from insurance telematics to asset and fleet management, remote diagnostics and telemetry for vehicles, professional and construction-site vehicles, through to the management of airport service vehicles. Managing over half a million of connected asset, in 2020 Targa Telematics reported revenues of €40 million, 130 employees and more than 950 customers. For more information: www.targatelematics.com
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