Verizon Connect Strengths, Domain Expertise, and Key Differentiators
Verizon Connect is guiding a connected world on the go by automating, optimizing, and revolutionizing the way people, vehicles, and things move through the world. Verizon Connect's full suite of industry-defining solutions and services put innovation, automation, and connected data to work for customers and help them be safer, more efficient, and more productive.
The Verizon Connect portfolio of solutions and services includes comprehensive fleet and mobile workforce management software platforms, embedded OEM hardware, and Hum by Verizon, a connected vehicle device that helps create a safer, smarter and more connected driving experience for consumers.
Verizon Connect Recent Developments
Verizon Connect introduced a compact, discreet asset tracking solution that is easy to conceal, self-install, and self-manage, to help Reveal customers reduce theft, improve equipment utilization and billing, and reduce equipment downtime with a replaceable battery.
In September 2019, Verizon Connect launched a new immobilization tool for its Verizon Connect Reveal, helping fleets prevent unauthorized use of vehicles and aid in the recovery of stolen vehicles. The same month it launched a dispatch solution for field service fleets that integrates with its Reveal cloud-based telematics platform. Field Service Dispatch brings vehicle location data together with technician status updates to help fleet managers improve dispatching and scheduling.
In July 2019, Verizon Connect launched the Navigation Mobile App for Verizon Connect Reveal. The app works with the Verizon Connect Reveal platform to give drivers directions based on their vehicle and load types to reduce miles driven and improve safety. The company expects the new app will have a positive impact on fleet and driver efficiency.
Verizon Connect Mergers and Acquisitions (M&A) Activities
Verizon Telematics acquired Movildata Internacional, a Murcia, Spain-based provider of commercial fleet management solutions. Movildata employees have joined the Verizon Telematics team and will continue to drive sales and support for its current fleet management products.
In 2016, Verizion Connect acquired Fleetmatics Group, a global provider of fleet and mobile workforce management solutions. The deal made Fleetmatics a part of Verizon Telematics, a subsidiary of the telco that focuses on fleet management, mobile workforce solutions and IoT. It’s part of a short spate of acquisitions that Verizon has been making in 2016 to expand those operations: about six weeks before, Verizon Telematics announced that it would acquire Telogis.
Verizon Connect Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Verizon Connect applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Verizon Connect and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Verizon Connect Fleet Tracking customers.
Verizon Connect Overview
2002 Summit Blvd Suite 1800
Atlanta, GA, 30319, United States
1 404-573-5800
https://www.verizonconnect.com/
Ownership: - Verizon Communications
Number of Employees: 3500
Functional Markets: ERP Services and Operations, SCM,
Key Verticals: Aerospace and Defense, Automotive, Communications, Construction, Consumer Packaged Goods, Distribution, Federal Government, State and Local Government, Public Safety, Healthcare, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Verizon Connect Key Enterprise and Cloud Applications
Verizon Connect Fleet Tracking
Verizon Connect Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Verizon Connect Revenue Breakdown By Type, $M:
Verizon Connect Enterprise Applications Revenues By Functional Markets, $M:
Verizon Connect Enterprise Applications Revenues By Verticals, $M:
Verizon Connect Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Verizon Connect Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Verizon Connect Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Verizon Connect Customers
No. of Verizon Connect Customers: 80000
No. of Verizon Connect Enterprise Applications Customers: x
No. of Verizon Connect Cloud Customers: x
No. of Verizon Connect Cloud Subscribers: x
Verizon has the largest GPS fleet management system globally with over 1.9 million vehicles managed through over 80,000 customers. Some of its most recent customers are Allegiant Electric, Domino’s, Maple Hill Lawn & Garden, Gravel Conveyors Inc., and others. Among its other customers are GM, Pepsi, Roi, Joyride Coffee, Zayo, Hexagon Leasing, DiPinto International Logistics, FreshDirect, and 1-800-GOT-JUNK. United Private Car Inc. and many more.
Verizon Connect Market Opportunities, M&A and Geo Expansions
Verizon Connect announced the European expansion of Reveal EV capabilities in addition to the new Electric Vehicle Suitability Tool. The EV Suitability Tool shows customers how converting to electric vehicles (EVs) can help them achieve cost reduction while reaching their sustainability goals. The easy-to-read dashboard highlights which of their vehicles can be replaced by EVs and provides graphical data to support these recommendations. No input by the customers is required, as the analysis is done automatically.
In April 2021, Peter Mitchell has been appointed general manager of Verizon Connect, an integral part of Verizon Business’ product portfolio. Mitchell expanded his role as the company’s chief technology officer.
Verizon Connect Risks and Challenges
Verizon Connect division is formed in part from the $2.4 billion acquisition of Fleetmatics, which Verizon bought in 2016 along with Telogis, Sensity Systems, and LQD Wifi to beef up its mobile device connectivity services.
Verizon Connect Ecosystem, Partners, Resellers and SI
The launch of Verizon Connect in Italy marks the completed integration of Visirun under a single, combined brand. Verizon Connect offers customers globally a one-stop approach to fleet management software solutions and services.
In April 2019, Verizon Connect has partnered with Iveco, manufacturer of commercial and industrial vehicles in the European Union, to provide its fleet customers with telematics and a mobile workforce management software platform. The Verizon Connect Fleet and Workforce offerings will provide vehicle and driver information that businesses of any size can use to optimize their mobile business, the companies say. Iveco fleet management by Verizon Connect is available now in new Iveco Daily light commercial vehicles.
Verizon Connect has Software Integration Partners like Trimble, C.H. Robinson, Comdata, a FLEETCOR company, Fuel Tax Agreement, Descartes MacroPoint, FLEETCOR, FourKites, and many more.
Verizon Connect Cloud Infrastructure Insights
Subscribe to read more about:
- Verizon Connect Public Cloud and Infrastructure (IaaS)
- Verizon Connect Platform (PaaS)
- Verizon Connect Application Delivery
- Verizon Connect Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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