Targa Telematics has been quoted in a Gartner report for the second time this year.

In detail, the Italian tech firm was mentioned  in a  report named “Build Business-Oriented IoT Products Reflecting Post-COVID-19 Customer Needs”, carried out by analysts Alfonso Velosa and Emil Berthelsen and published in October 2020.

This research unveils that during the pandemic “IoT vendors face weaker revenue pipelines as customers delay or cancel projects due to COVID-19 and the economic slowdown. Product managers can help drive sales revenue by reducing buyer risk and differentiating on business results, domain expertise and accelerated- time-to-value solutions”.

For instance, Targa Telematics has provided  Hertz Italia with a solution to reduce the risk profile of its car fleet, lowering insurance costs and making fleet management simpler and easier.This helpful tool allowed Hertz Italia to increase the recovery rate of stolen vehicles up to 95% over the first few months  of 2020.

“We are glad  that a global company and benchmark in IT consulting  field such as Gartner  has once again mentioned Targa Telematics in a research” Elena Bellini, Head of Marketing at Targa Telematics, commented: “The specific use of artificial intelligence and machine learning applied to big data analysis, combined with the co-creation approach with the customer, has allowed us to provide Hertz Italia with a solution able to meet specific needs and create tangible value, the main goal of our projects “.

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

TARGA TELEMATICS

Elena Bellini, Head of Marketing, Mobile +39 335 135 1277 elena.bellini@targatelematics.com

Susanne Furini, Communication Manager, Mobile +39 345 7274925 susanne.furini@targatelematics.com

Barabino & Partners UK

Giuliana Patrone, Tel.: +44 (0)20 71526425 g.patrone@barabino.co.uk