Madrid, 29 June 2022 – Targa Telematics, a tech company specialising in the development of digital solutions in the field of telematics, smart mobility and IoT platforms for mobility operators has signed a partnership deals with Spanish firms RACE and Prosegur. RACE is a top roadside assistance company and Prosegur is a leading provider of global security services. RACE will manage security alerts and customer service, while Prosegur will monitor IoT devices from its SOC (Security Operations Center) and will liaise with law enforcement agencies to implement the protocol for the recovery of stolen assets. With the assistance of the RACE helpdesk and Prosegur’s security resources, Targa Telematics will be able to provide a better service to its clients. Through these new partnerships with RACE and Prosegur, Targa Telematics will extend its ecosystem in Spain and as the market grows, the company is becoming a major player.
RACE and Prosegur will join a broad ecosystem of over 100 partners that Targa Telematics works with to offer the best solutions to the client. This type of partnership will help Targa Telematics to boost its presence in Spain and Portugal, consolidating its leadership position in the telematics market in Spain.
Mario Martínez Marcos, Country Manager for Spain at Targa Telematics, says: “We’re really happy to start our relationship with RACE and Prosegur. RACE has been operating throughout Spain for over one hundred years, while Prosegur is an international company that operates in more than 26 countries. An alliance between two companies of their caliber is not only the next step in Targa Telematics’ expansion in the national market, but it is also the testament to our commitment to ensuring we provide quality services to our clients. In accordance with its high standards, Targa Telematics is able to offer improved support to its clients, who are the central pillar of the company.”
Miguel Torres, Director of Finance and Head of Operations at Prosegur, explains: “From our SOC (Security Operations Center) we manage and monitor over 200,000 connected facilities, around 300,000 closed circuit television cameras and we process on average 500,000 signals every day. For this reason, we are delighted to be able to work with Targa Telematics and to provide our state-of-the-art resources and our extensive industry knowledge in the security sector. This partnership shows how Targa Telematics is keen to offer the highest standard of services”.
Carmelo Sanz de Barros, Chairman of RACE, says: “RACE is one of the organisations that has had the greatest influence on Spain’s tradition and history in motoring, and with this agreement with Targa Telematics we will continue to innovate in the world of motoring in the future. Targa Telematics is genuinely committed to the Spanish market.”
RACE companies provide services for over eight million users in Spain, being part of the international roadside assistance networks together with top European automobile clubs. RACE is a club that was set up with the aim of protecting motorists over 110 years ago. Today, it is still a leader in roadside assistance and uses the most cutting-edge technology to offer only the most exclusive services to its members.
Prosegur is a leading global player in the private security sector. Through its lines of business, Prosegur Security, Prosegur Cash, Prosegur Alarms, Prosegur AVOS and Cipher, it provides companies and homes with security and confidence based on the most advanced market solutions. With a global presence, Prosegur’s turnover in 2021 was 3,498 million euros, listed on the Spanish stock exchange under PSG and currently has a team of around 150,000 employees.
Prosegur operates according to environmental, social and governance best practices. The company has set sustainability as a strategic pillar in all of its undertakings to be a benchmark in the industry. Prosegur also channels its solidarity activity through the Fundación Prosegur, which operates around four areas of action: education, inclusion of people with learning disabilities in the workplace, corporate volunteering and promoting culture.
Targa Telematics is an IT company with 20 years experience in connected vehicles. It offers technological telematics, Smart Mobility and digital IoT platform solutions for mobility operators. It is aimed at short- and long-term rental companies, finance companies and large vehicle fleets, ranging from insurance telematics to asset and fleet management, from remote diagnostics and telemetry for vehicles, professional and construction vehicles, to the airport vehicle management. In 2021, Targa Telematics had a turnover of 49 million euros, 140 employees and more than 950 customers.
Find out more: www.targatelematics.com.
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