FLEET MANAGEMENT MARKET ANALYSIS
In August 2021, eBikeGo, announced the launch of EBG-Matics, an advanced artificial intelligence and IoT-based fleet management system. The new systems can analyze vehicle and rider behavior for improving efficiency.
In May 2022, Motive Technologies Inc. also called KeepTrucking raised US$ 150 million in new funding for scaling up the investment in AI and expand its product suite into spend management on increasing the enterprising capabilities.
In March 2021, Azuga, a fleet technology provider introduced an advanced software-as-a-service solution, SafetyIQ for providers of commercial auto fleet and insurance.
In 2021, Inseego sold the Ctrack South African branch to the convergence partners, which is an investment management organization focusing on telecommunication industry, technology and media industries in Africca.
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