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Fleet Management Software Market 2019: Global Industry Size, Segments, Share and Growth Factor Analysis Research Report 2026

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The global fleet management software market is anticipated to gain impetus from the increasing focus on fleet effectiveness. According to a published report by Fortune Business Insights, titled, “Fleet Management Software Market: Global Market Analysis, Insights and Forecast, 2019-2026,” the global market was valued at US$ US$ 14,047.6 Mn in 2018 and is estimated to reach US$ 46,584.7 Mn by 2026. In addition to this, the global fleet management software market is projected to expand at an impressive CAGR of 16.52% throughout the forecast period.

Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/fleet-management-software-market-100893

Top Key Players Mentioned:

  • Verizon
  • Geotab
  • Trimble
  • GPS Insight
  • Omnitracs
  • Mix Telematics
  • Fleet Complete
  • Autotrac
  • NexTraq
  • Global Track

The global fleet management software market is persistently growing due to the increasing usage of electronic logging device, increase in cloud-based fleet management solutions, increasing demand of real-time tracking service, and government regulations. The report classifies the global fleet management software market in four segments, namely, by development, by geography, by component, and by fleet type. By development, the market is grouped into on premise and cloud. By component, the market is segmented into solutions, performance management, services, and vehicle maintenance and diagnostics. Passenger cars and commercial fleet are the two groups of the fleet type segment. Fortune Business Insights states that increase in the international trade and requirement of operational skills are currently accelerating the growth of global fleet management software market. However, factors such as, compulsory merging of electronic logging devices and usage of wireless technology have also contributed to the market growth.

Major Table of Content:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology and Assumptions
  2. Executive Summary
  3. Market Dynamics
    • Drivers, Restraints and Opportunities
    • Emerging Trends of Market
  4. Key Insights
    • Macro and Micro Economic Factors
    • Key Technological Developments
    • Industry SWOT Analysis
  5. Global Fleet Management Software Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Sizing Estimations and Forecasts By Component (US$ Mn)
      • Solutions
        • Operations Management
          • Fleet Tracking and Geofencing
          • Routing and Scheduling
        • Vehicle Maintenance and Diagnostics
        • Performance Management
          • Driver Management
          • Fuel Management
        • Fleet Analytics and Reporting
        • Others
      • Services
        • Professional Services
          • Consulting
          • Training and Education
          • Support and Maintenance
        • Managed Services
      • Market Sizing Estimations and Forecasts By Fleet Type (US$ Mn)
        • Commercial Fleet
        • Passenger Cars
      • Market Sizing Estimations and Forecasts By Deployment (US$ Mn)
        • Cloud
        • On-Premises

TOC Continued…!

Get PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/fleet-management-software-market-100893

Adoption of Technologically Advanced Software is Likely to Favor Growth in Asia Pacific

The global fleet management software market is divided into Latin America, Asia Pacific, North America, the Middle East and Africa, and Europe. Amongst these, North America had procured a revenue US$ 4546.3Mn in 2018. The region is projected to remain dominant in the global fleet management software market during the forecast period, especially in the cloud-based segment. This is likely to occur because of the existence of strong and renowned market players that are present across the U.S. These players have been regularly conducting research and development activities and have also been executing fleet management software tools in numerous private and public companies. Asia Pacific, on the other hand, had obtained a revenue of US$ 2861.9 Mn in 2018. The region is anticipated to witness growth during the forecast period due to the investments in small and medium organizations. The investments will in turn, increase the adoption of cloud-based fleet management software that are technologically advanced. In Asia Pacific, developing countries like India and China are anticipated to gain a considerable portion of the global fleet management software market in the coming years.

Prominent Software Companies Focus on Strategic Collaborations to Propel the Market

In February 2019, Omnitracs, a software company headquartered in Texas, U.S., announced the launch of MilesAhead Drive, Command, and Resolve solution. It will help in the simplification of exhaustive and daily job tasks that the fleet drivers are assigned with. The drivers would be able to smoothly access detailed information about specific routes as well as view the data of associated job tasks. In April 2019, Trimble Inc., a renowned California-based developer of unmanned aerial vehicles, receivers, software processing tools, etc., declared that it has teamed up with Cobalt, an IT asset life cycle management firm based in Ohio, to offer Trimble’s fleet mobility clients with the ability to dispose of the old onboard equipment in an environment-friendly manner.

Some of the key players leading the global fleet management software market are GPS Insight, Verizon, NexTraq, Geotab, Fleet Complete, Trimble, Global Track, Omnitracs, Autotrac, Mix Telemantics, and other players.

Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/fleet-management-software-market-100893

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PG&E PSPS Oct. 26 10:00 PM Update: More Than 156,000 Customers Have Been Restored Since Monday Morning, With Essentially All Other Customers Expected to Have Power Back On by Tuesday Night

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Pacific Gas and Electric Company (PG&E) restored power Monday night by 10:00 PM to more than 156,000 of the approximately 345,000 customers impacted by the Public Safety Power Shutoff (PSPS) that started Sunday morning on Oct. 25. All remaining customersapproximately 189,000are expected to have power back on late Tuesday evening.

PG&E crews began restoring power to customers where no damage or hazards to electrical equipment were found during inspections that began as early as Monday morning in locations where the weather all clear was received. In areas where equipment was damaged by the severe wind event, crews worked safely and as quickly as possible to make the repairs and restore those customers.

Today, PG&E meteorologists issued a weather all clear for most of the areas impacted by this PSPS event. To fully restore service, PG&E crews will need to complete their patrols of over 17,000 miles of transmission and distribution lines for damage or hazards.

The patrol and inspection efforts include nearly 1,800 on-the-ground personnel, 65 helicopters and one airplane. Preliminary data shows at least 13 instances of weather-related damage and hazards in the PSPS-affected areas. Examples include downed lines and vegetation on power lines. If PG&E had not de-energized power lines, these types of damage could have caused wildfire ignitions.

PSPS Restoration

PG&E has restored 156,000 customers today and expects all remaining customers to have power back on late Tuesday evening. Restoration may be delayed for some customers if there is significant damage to individual lines, which could be caused by wind-blown branches and other debris.

The restoration process PG&E follows includes:

  1. Patrol “ PG&E crews look for potential weather-related damage to the lines, poles and towers. This is done by foot, vehicle and air.
  2. Repair “ Where equipment damage is found, PG&E crews isolate the damaged area from the rest of the system so other parts of the system can be energized.
  3. Restore “ Once the system is safe to energize, PG&E’s Control Center can complete the process and restore power to affected areas.
  4. Notify Customers “ Customers are notified that power has been restored.

For more information on the PSPS event, visit pge.com/pspsupdates.

Extreme Winds Recorded Across Service Area

Winds in de-energized areas due to PSPS were recorded as follows:

County

Max recorded sustained winds (mph)

Max recorded wind gusts (mph)

Sonoma

76

89

Napa

54

82

Contra Costa

55

74

Lake

57

71

Placer

42

71

Alameda

52

66

More Information on PG&E PSPS Events

PG&Es goal is to have essentially all customers affected by the PSPS who can receive power restored within 12 daylight hours of the weather All Clear for each affected area.

PG&E uses a PSPS only as the last resort to protect community and customer safety against wildfires, given dry and windy weather, dry vegetation and an elevated fire risk across portions of its service area.

PG&E will submit a report detailing damage from the severe weather to the California Public Utilities Commission within 10 days of the completion of the PSPS.

For more information on the PSPS event, visit pge.com/pspsupdates.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation’s cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.

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415-973-5930

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EquitiesFirst Appoints Gordon Crosbie-Walsh Chief Executive Officer, Asia

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HONG KONG, Oct. 27, 2020 /PRNewswire/ — Equities First Holdings ("EquitiesFirst"), the global asset-backed financing company, today announced the appointment of Gordon Crosbie-Walsh as Chief Executive Officer, Asia with immediate effect. In his new role, Gordon will be tasked with managing EquitiesFirst’s operations throughout the Asia region with a focus on business development across Hong Kong, Singapore, Thailand, South Korea and Mainland China.

Equities First Holdings (“EquitiesFirst”) today announced the appointment of Gordon Crosbie-Walsh as Chief Executive Officer, Asia with immediate effect.
Equities First Holdings (“EquitiesFirst”) today announced the appointment of Gordon Crosbie-Walsh as Chief Executive Officer, Asia with immediate effect.

Gordon brings more than three decades of financial services experience to his new role, including chartered accounting, equity research, equity sales and investment banking. Prior to joining EquitiesFirst, Gordon led several investment banking businesses in Asia, including CM Financial and Jefferies Asia, where he was also Head, Equity Capital Markets. Prior to Jefferies, Gordon held a senior leadership role at JP Morgan’s Equity Capital Markets division. Before this role, Gordon spent more than a decade as Managing Director, Head of Equity Sales at Deutsche Bank and Salomon Smith Barney.

EquitiesFirst’s Executive Chairman and Chief Executive Officer, Al Christy Jr said today, "Gordon’s career track record makes him the ideal candidate to take our Asia business to the next level. We are in the progressive capital business and Gordon brings a deep understanding of the regional markets making him a natural fit for the Chief Executive role. Our innovative investment model overcomes the limitations of traditional financing where our partners receive non-recourse capital at very competitive terms in exchange for asset collateral."

Gordon Crosbie-Walsh said from Hong Kong today, "It is an honour to be appointed Chief Executive Officer at EquitiesFirst. I have always had respect for the firm and their unique investment model which makes us the best-fit solution for underserved asset owners seeking efficient capital. We seek mutually beneficial relationships that enable our partners to seize investment and business opportunities effectively and rapidly. I look forward to working with the team in Asia and our global leadership as we take EquitiesFirst to new levels of success and performance."

About Equities First Holdings

Equities First Holdings ("EquitiesFirst") is a global institutional investment company, whollyowned by American financier and entrepreneur Alexander Christy, Jr. The firm manages over USD1 billion of proprietary capital in a public equities portfolio. The firm’s core investment strategy is to manage a public equity portfolio. Its method of portfolio construction is based on equity-backed financing. Scaled worldwide, EquitiesFirst has provided progressive capital to hundreds of corporations, investors and other long-term shareholders.

The firm was incorporated in 2002 and is headquartered in Indianapolis, USA. EquitiesFirst maintains an international footprint of 12 offices, operating in all major financial markets. All subsidiaries are either licensed or registered with local financial regulators, including Hong Kong, the United Kingdom, Australia and Dubai.

EquitiesFirst is licensed by the Securities and Futures Commission of Hong Kong with CE number BFJ407 for the Regulated Activity of Dealing in Securities. www.equitiesfirst.com

©2020 Equities First Holdings Hong Kong Limited. All rights reserved.

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Arcc Spaces Launches Innovative ‘Agile Hybrid Solution’

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Concept designed to help businesses and individuals cope with Covid-19 remote working challenges

SINGAPORE, Oct. 27, 2020 /PRNewswire/ — Arcc Spaces, the leading shared workspace brand with 16 premium locations across Asia, today announces the launch of its new innovative ‘Agile Hybrid Solution’. The unique offering is provided under the Arcc Spaces Care+ Solutions package to help small and medium sized business (SMEs), multinational corporations (MNCs), start-ups, and entrepreneurs to cope with the new remote working situation resulting from Covid-19. The pandemic has forced some companies to downsize and establish remote working on a permanent basis, or at the very least until well into 2021. The new home office environment that many employees have found themselves in, however, is creating new challenges in terms of productivity, wellbeing and appropriate furniture to perform.

Arcc Spaces Care+ solutions offers 'On Demand Solution', 'Agile Hybrid Solution' and 'Enterprise Solution Powered By Design Studio' to cope with Covid-19 remote working challenges
Arcc Spaces Care+ solutions offers ‘On Demand Solution’, ‘Agile Hybrid Solution’ and ‘Enterprise Solution Powered By Design Studio’ to cope with Covid-19 remote working challenges

Arcc Spaces Care+ Solutions offers three solutions. ‘On Demand Solution’ provides passes ranging from five days to one month for members to access four centres located at One Marina Boulevard, 75 High Street, Suntec City and 99 Duxton Road to enjoy working at the shared space and premium office facilities. ‘Agile Hybrid Solution (AHS)’ is a tailor-made solution for individuals, SMEs and MNCs to cope with employee needs for remote working. Some employees face challenges when they work from home such as disruptive environments, poor connectivity and bad posture. AHS allows companies to sign up memberships for their employees to use the private suites, shared spaces and meeting rooms at Arcc Spaces’ four centres. Most importantly the solution comes with a European-made height-adjustable table and HAG Capisco chair delivered to employees’ homes by Arcc Spaces’ strategic business partner, Ecopex Furniture. Ecopex and Arcc Spaces are developing innovative solutions to the challenges of Covid-19, emphasizing sustainability through its use of refurbished products and its support of the circular economy. This helps boost employee productivity and comfort while working from home. So far, a global technology company, a US bank, and two real estate companies are already signed up for the new solution. In total, 30 individuals are enrolled in the programme at launch. Finally, ‘Enterprise Solution Powered By Design Studio’ offers corporate clients with tailor-made, personalised workplaces to meet their enterprise needs.

Matthew Chisholm, Chief Operating Officer of Arcc Spaces, said: "The launch of our ‘Agile Hybrid Solution’ represents a milestone in our thinking. Arcc Spaces has been in the market for over 20 years and has been evolving to meet individual and corporate needs. This solution extends our service from the flexible workplace to the home workplace. This new offering is a first step towards the future of work, where we leverage innovative valued-added bundles which solve for each individual and better understands their needs. The data we are collecting on behalf of our corporate clients will assist us to respond to ongoing changes in the workplace, ensuring we remain ahead of the curve in driving productivity, wellbeing and engagement for both individuals and the organisations they are part of.  

Henrik Meltesen, Founder and Owner of Ecopex Furniture, said: "Technology has empowered modern workers with enhanced mobility and connectivity to work from anywhere at anytime. Workstation ergonomics are a vital element in improving health and increasing productivity. In response to this, we have carefully selected and curated a range of workplace solutions to address the increase in remote collaboration. Arcc Spaces’ ‘Agile Hybrid Solution’ creates new value for its members, and increases customer loyalty and retention rates. Moreover, we are able to leverage customer feedback to improve our offerings and better serve market needs."

The on-demand five-day pass starts from SGD 188 and ‘Agile Hybrid Solution’ monthly fees starts from SGD 519. For details, please visit: https://discover.arccspaces.com/care-plus-package-singapore.

About Arcc Spaces

Arcc Spaces is a shared workspace brand with 16 locations across Asia that works with corporates to transform the way they work and drive innovation through a network of hospitality-led spaces. Headquartered in Singapore, Arcc Spaces has locations across Malaysia, Beijing, Shanghai and Hong Kong.  We provide access to a collection of beautifully designed business hubs, lounges and labs grounded in landmark projects across the world’s gateway cities to empower today’s leaders to meet, collaborate, learn and access talents and opportunities. Arcc Spaces is a part of the Arcc Holdings, a transformative real estate and hospitality company that develops and operates a range of concepts in the areas of ‘Work, Live and Play’. For more information, please visit https://www.arccspaces.com

 

Related Links :

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