Verizon Connect named #1 in innovation by ABI Research

Rhea-AI Summary

Verizon Connect has been recognized as the #1 innovator in the fleet management sector by ABI Research. The company excelled in six innovation categories, focusing on operational efficiency and safety in fleet management, thereby enhancing customer satisfaction.

Positive

• Ranked #1 in innovation by ABI Research in its 2022 report.
• Maintained the #1 innovation ranking from the previous report in 2020.
• Ranked highest in six key innovation categories: preventive maintenance, vehicle/driver monitoring, and user interface.
• Recent launch of Verizon Connect AI Dashcam showcases ongoing innovation.

Negative

• None.

SaaS-based global fleet management leader ranked highest among 11 providers

NEW YORK, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Verizon Connect was named #1 in innovation by ABI Research in its 2022 Commercial Telematics Vendors competitive ranking report, published in September. Verizon Connect also earned the #1 in innovation ranking in the previous version of the report, published in 2020. Verizon Connect provides fleet-based companies around the world a comprehensive software platform that enables them to understand the location and status of their vehicles, people and the work they do in the field. It also helps them drive operational efficiency, productivity, and enables them to focus on the safety of their drivers.

Verizon Connect ranked highest in six key innovation categories including: preventive maintenance, prognostics and analytics; vehicle/driver/cargo monitoring; open platforms; features; tech development and user interface and user experience.

The ABI Research ranking of telematics providers enables customers looking for a fleet management solution to quickly identify key characteristics and unique selling points of commercial telematics vendors and understand which providers have the scale and partner network to support fleets globally.

“The recent launch of our Verizon Connect AI Dashcam is a great example of how we’re constantly innovating, and helping our customers future-proof their businesses,” said Peter Mitchell, senior vice president and general manager, Verizon Connect. “We’re grateful to ABI for this recognition and proud of our world-class Verizon Connect product team, who bring amazing technologies to life for our customers.”

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $133.6 billion in 2021. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Krys Grondorf
krys.grondorf@verizon.com

Katie Magnotta
katie.magnotta@verizon.com

FAQ

What is Verizon Connect's ranking in the 2022 ABI Research report?

Verizon Connect was ranked #1 in innovation among 11 telematics providers.

Which categories did Verizon Connect excel in according to ABI Research?

Verizon Connect ranked highest in six innovation categories, including preventive maintenance and user interface.

When was Verizon Connect's innovation ranking last updated?

The latest ranking was published in September 2022, with the previous one in 2020.

What new product did Verizon Connect recently launch?

Verizon Connect recently launched the AI Dashcam, aimed at innovating fleet management.

How much revenue did Verizon generate in 2021?

Verizon generated revenues of $133.6 billion in 2021.