Based on its recent analysis of the medium- and heavy-duty commercial vehicle telematics market, Frost & Sullivan recognizes PeopleNet with the 2014 North America Frost & Sullivan Award for company of the year. Acknowledging the opportunities created by regulations mandating the use of telematics, PeopleNet rolled out a slew of market expansion measures such as launching the Precision Mobility Platform and expanding its addressable market in the energy services sector. Significantly, it also added off-the-shelf ruggedized devices to its list of handhelds and partnered with original equipment manufacturers.
Overall, PeopleNet’s impressive growth, due to its partnerships, ability to provide analytics, industry expertise and the introduction of industry-specific suites, makes it richly deserving of the 2014 North America Frost & Sullivan Company of the Year Award, noted Frost & Sullivan.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in devising a strong growth strategy and robustly implementing it. The recipient has shown strength in terms of innovation in products and technologies, leadership in customer value as well as speed in response to market needs. In short, the award looks at the emerging market players in the industry and recognizes their best practices that are positioned for future growth excellence.