Verra Mobility partners with Verizon Connect to bring managed services to commercial fleets
Verra Mobility (NASDAQ: VRRM) has announced a strategic partnership with Verizon Connect to provide managed services to commercial fleets. Through this collaboration, Verizon Connect customers will gain access to Verra Mobility's managed tolling, violations, and title and registration services via the Verizon Connect Marketplace.
Verra Mobility's fleet management services currently process over 300 million annual toll transactions for more than seven million vehicles globally. Their violation management services offer up to 80% cost savings in management and processing of vehicle violations.
The partnership combines Verizon Connect's GPS fleet tracking and telematics solutions, which provide real-time fleet operations visibility, with Verra Mobility's automated compliance services. This integration aims to streamline traditionally manual and expensive fleet management processes while reducing operational costs for customers.
Verra Mobility (NASDAQ: VRRM) ha annunciato una partnership strategica con Verizon Connect per fornire servizi gestiti alle flotte commerciali. Grazie a questa collaborazione, i clienti di Verizon Connect avranno accesso ai servizi di pedaggio, gestione delle violazioni e registrazione dei veicoli di Verra Mobility tramite il Marketplace di Verizon Connect.
I servizi di gestione delle flotte di Verra Mobility attualmente elaborano oltre 300 milioni di transazioni di pedaggio annuali per più di sette milioni di veicoli a livello globale. I loro servizi di gestione delle violazioni offrono fino a 80% di risparmio sui costi nella gestione e elaborazione delle violazioni dei veicoli.
La partnership combina il tracciamento GPS delle flotte e le soluzioni telematiche di Verizon Connect, che forniscono visibilità in tempo reale delle operazioni delle flotte, con i servizi di conformità automatizzati di Verra Mobility. Questa integrazione mira a semplificare i processi di gestione delle flotte, tradizionalmente manuali e costosi, riducendo i costi operativi per i clienti.
Verra Mobility (NASDAQ: VRRM) ha anunciado una asociación estratégica con Verizon Connect para proporcionar servicios gestionados a flotas comerciales. A través de esta colaboración, los clientes de Verizon Connect tendrán acceso a los servicios de peaje, gestión de infracciones y registro de vehículos de Verra Mobility a través del Marketplace de Verizon Connect.
Los servicios de gestión de flotas de Verra Mobility procesan actualmente más de 300 millones de transacciones de peaje anuales para más de siete millones de vehículos en todo el mundo. Sus servicios de gestión de infracciones ofrecen hasta 80% de ahorro en costos en la gestión y procesamiento de infracciones de vehículos.
La asociación combina el seguimiento de flotas GPS y las soluciones telemáticas de Verizon Connect, que proporcionan visibilidad de las operaciones de flotas en tiempo real, con los servicios de cumplimiento automatizados de Verra Mobility. Esta integración tiene como objetivo simplificar los procesos de gestión de flotas, tradicionalmente manuales y costosos, reduciendo los costos operativos para los clientes.
Verra Mobility (NASDAQ: VRRM)는 Verizon Connect와 전략적 파트너십을 체결하여 상업용 플릿에 관리 서비스를 제공한다고 발표했습니다. 이 협력을 통해 Verizon Connect 고객은 Verizon Connect 마켓플레이스를 통해 Verra Mobility의 관리 톨게이트, 위반 및 차량 등록 서비스를 이용할 수 있게 됩니다.
Verra Mobility의 플릿 관리 서비스는 현재 전 세계 700만 대 이상의 차량에 대해 연간 3억 건 이상의 톨게이트 거래를 처리하고 있습니다. 그들의 위반 관리 서비스는 차량 위반 관리 및 처리에서 최대 80%의 비용 절감을 제공합니다.
이 파트너십은 실시간 플릿 운영 가시성을 제공하는 Verizon Connect의 GPS 플릿 추적 및 텔레매틱스 솔루션과 Verra Mobility의 자동화된 준수 서비스를 결합합니다. 이 통합은 전통적으로 수동적이고 비용이 많이 드는 플릿 관리 프로세스를 간소화하고 고객의 운영 비용을 줄이는 것을 목표로 합니다.
Verra Mobility (NASDAQ: VRRM) a annoncé un partenariat stratégique avec Verizon Connect pour fournir des services gérés aux flottes commerciales. Grâce à cette collaboration, les clients de Verizon Connect auront accès aux services de péage, de gestion des infractions et d'enregistrement des véhicules de Verra Mobility via le Marketplace de Verizon Connect.
Les services de gestion de flotte de Verra Mobility traitent actuellement plus de 300 millions de transactions de péage annuelles pour plus de sept millions de véhicules dans le monde. Leurs services de gestion des infractions offrent jusqu'à 80 % d'économies sur les coûts liés à la gestion et au traitement des infractions de véhicules.
Le partenariat combine le suivi de flotte GPS et les solutions télématiques de Verizon Connect, qui offrent une visibilité en temps réel des opérations de flotte, avec les services de conformité automatisés de Verra Mobility. Cette intégration vise à simplifier les processus de gestion de flotte, traditionnellement manuels et coûteux, tout en réduisant les coûts opérationnels pour les clients.
Verra Mobility (NASDAQ: VRRM) hat eine strategische Partnerschaft mit Verizon Connect angekündigt, um verwaltete Dienstleistungen für kommerzielle Flotten anzubieten. Durch diese Zusammenarbeit erhalten die Kunden von Verizon Connect Zugang zu den verwalteten Maut-, Verstoß- sowie Titel- und Registrierungsdiensten von Verra Mobility über den Verizon Connect Marketplace.
Die Flottenmanagement-Dienste von Verra Mobility verarbeiten derzeit über 300 Millionen jährliche Mauttransaktionen für mehr als sieben Millionen Fahrzeuge weltweit. Ihre Dienstleistungen zur Verwaltung von Verstößen bieten Einsparungen von bis zu 80 % bei den Kosten für die Verwaltung und Verarbeitung von Fahrzeugverstößen.
Die Partnerschaft kombiniert die GPS-Flottenverfolgung und Telematiklösungen von Verizon Connect, die eine Echtzeit-Transparenz der Flottenoperationen bieten, mit den automatisierten Compliance-Diensten von Verra Mobility. Diese Integration zielt darauf ab, traditionell manuelle und kostspielige Flottenmanagementprozesse zu optimieren und die Betriebskosten für die Kunden zu senken.
- Strategic partnership with major fleet tracking provider Verizon Connect expands market reach
- Currently processes 300M+ annual toll transactions for 7M+ vehicles globally
- Offers significant cost savings of up to 80% in violation management
- Integration into Verizon Connect Marketplace provides direct access to large customer base
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Insights
Verra Mobility's partnership with Verizon Connect represents a strategic distribution expansion for the company's fleet management services. This collaboration creates a new sales channel by integrating Verra Mobility's specialized compliance offerings - managed tolling, violations handling, and title and registration services - into the Verizon Connect Marketplace.
The deal leverages complementary strengths: Verizon Connect provides telematics infrastructure and fleet tracking capabilities to its established customer base, while Verra Mobility brings expertise in automating toll payments and managing vehicle compliance. The article highlights that Verra Mobility currently processes over 300 million annual toll transactions for more than 7 million vehicles globally, demonstrating significant operational scale.
A key value proposition emphasized is cost reduction - Verra Mobility's violations management services allegedly save fleets up to
The recurring revenue nature of these services is particularly noteworthy. Fleet compliance management creates ongoing revenue streams rather than one-time sales, providing potential stability to future revenue. However, the announcement lacks details on financial terms, exclusivity arrangements, or projected adoption rates among Verizon Connect customers, making it difficult to quantify the potential revenue impact.
Verizon Connect customers will receive access to Verra Mobility's managed tolling, violations and title and registration services
Verizon Connect provides a near real-time, 360-degree view of a fleet's daily operations to help reduce costs, increase productivity, and increase efficiency.
Verra Mobility's fleet management services are utilized by major fleet owners, operators, and managers to conveniently and automatically pay over 300 million annual toll transactions for more than seven million vehicles globally. In addition, Verra Mobility's violation management services save fleets up to
"Tolling, violations, and title and registration are typically manual, expensive and confusing compliance processes, and Verra Mobility has a stellar industry reputation amongst fleet customers for delivering operationally efficient services and cost savings," said Kinnera Angadi, Chief Product and Technology Officer at Verizon Connect. "We are excited to partner with Verra Mobility to offer their highly complementary managed tolling, violations, and title and registration services to help solve these complex pain points and lower operating costs for our fleet customers. We look forward to partnering together to offer these best-in-class comprehensive service solutions to more fleets."
Verizon Connect utilizes connected vehicle software to optimize fleet operations, enhance safety and improve productivity through its telematics solutions. The company offers a suite of tools including fleet and equipment tracking software.
"Verizon Connect is an excellent partner and addition to our growing suite of fleet services," said Steve Lalla, Executive Vice President of Verra Mobility's Commercial Services business. "We are excited for the opportunity to support more fleets with our suite of services through this partnership and to be able to provide additional value to our current customers. Verizon Connect is a trusted, well-established, deeply resourced and scaled platform and a marketplace in which we are proud to be included."
For more information about Verra Mobility's fleet offerings, visit: www.verramobility.com/commercial.
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in
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FAQ
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