Recognized by Frost & Sullivan: Targa's Telematics Excellence
Targa Telematics has been honored with the 2023 European Company of the Year Award by Frost & Sullivan for its remarkable contributions to the telematics connectivity sector, particularly in leasing, rental, and usage-based insurance (UBI). As the second leading telematics company in Europe, Targa Telematics offers a broad range of Internet of Things (IoT) solutions, which have garnered the attention of top Italian insurtech companies and global brands. By harnessing driver-vehicle interaction, the company drives cost savings, enhances driver safety, and reduces carbon emissions.
Targa Telematics has over 950 clients in Europe, and its
commitment to innovation and customer engagement has enabled it to develop
flexible and comprehensive solutions. The company adapts to emerging market
trends and evolving client needs, resulting in industry-leading products. Its
focus on fleet management and car-sharing platforms positions it as a market
leader in connected vehicles and smart mobility. Recent strategic acquisitions
have further solidified its status as a key developer of future mobility
solutions.
The CEO of Targa Telematics, Nicola De Mattia, emphasized
the importance of continuous investment in cutting-edge technology and
co-creation with clients. This approach enables clients to derive maximum value
from advanced digital solutions like AI and machine learning.
Frost & Sullivan recognized Targa Telematics with the
Company of the Year Award for its impressive growth strategy, innovative
products, and industry leadership. This award highlights the company's
commitment to excellence in digital solutions and collaborative customer
partnerships.
Frost & Sullivan Best Practices awards acknowledge
companies that excel in various markets by demonstrating exceptional
achievements in leadership, innovation, customer service, and product
development. These awards are the result of extensive analysis, interviews, and
research to identify industry best practices and outstanding performance. Frost
& Sullivan has a long history of helping organizations navigate economic
changes and identify growth opportunities.
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