Axestrack recognized in the 2024 Gartner Market Guide for Fleet Telematics Solution

Date : 5th September,2024

Axestrack is proud to announce that it has been recognized in the 2024 Gartner Market Guide for Fleet Telematics. It is the only company from the GCC, South & South-East Asia to be recognized by Gartner in the Fleet Telematics category.

Axestrack is a digital logistic service provider that provides a comprehensive solution for fleet owners and consignors to manage their fleet operations. Their solutions are designed to address the primary concerns of shippers, offering comprehensive, real-time visibility, optimizing logistics operations, ensuring safety and compliance, managing risks effectively, enhancing customer satisfaction, providing valuable data insights, and seamlessly integrating with existing systems.

According to Gartner ‘The fleet telematics market is growing, driven by the increasing demand for efficient fleet management solutions and operational optimization. This growth is catalyzed by widespread telematics adoption, supportive regulatory frameworks, reduced operational costs and enhanced customer satisfaction through real-time visibility on deliveries, driver safety and retention. The integration of AI, ML, and big data analytics is poised to propel the market forward by delivering advanced insights and predictive capabilities for fleet management.’

The report talks about the overview of Fleet Management Solutions and how the market is rapidly growing with advancements in IoT and AI/ML. It also describes the methodology which CIOs should follow to arrive at the right Fleet Management Partner. The essential elements of the selection process are evaluation on technology, scalability, support, and customization options. The report further highlights the critical and optional solution features in an ideal Fleet Management partner and how advanced analytics has become a necessity in today’s landscape. The report recognizes how leading solutions like Axestrack’s xSwift and eLogix, powered by a Managed Control Tower, offer comprehensive fleet management. They provide real-time insights, automate reporting, and improve decision-making. These platforms enhance safety, compliance, and operational efficiency.

Rahul Yadav, CEO of Axestrack said, “The logistics sector is a critical engine of global economic growth. Today, success is no longer just about real-time visibility and data transmission. It’s about optimizing fleet efficiency, driving informed decision-making, and mitigating risks. At Axestrack, we’ve led this transformation. Our aOS platform integrates the power of telematics with advanced analytics, enhanced by AI/ML, to deliver actionable insights that empower smarter decisions. Being recognized by Gartner reaffirms that we’re on the right path, driving innovation and value for our customers.”

Axestrack with its suite of products ( xSwift, Connected Plant Logistics, Managed Control Tower, etc. ) provides state-of-the-art tracking and visibility to shippers and fleet owners.

The unified, single-pane view across all platforms facilitates rapid and informed decision-making. This connected operating system is structured into three key layers: See, Understand & Learn, and Act.

• The See layer aggregates data from multiple sources, including third-party GPS/Telematics systems, 3PL providers, ERP/TMS platforms, toll systems, government portals, OEM systems, third-party SIMs, and open APIs. This data is consolidated into a comprehensive data pool via a robust integration layer.
• The Understand & Learn layer leverages advanced AI and machine learning capabilities to transform this data lake into a data pool, enabling deeper insights and meaningful analytics.
• The Act layer presents this processed data through unified platforms, offering actionable analytics and reports. These insights empower the Managed Control Tower to make real-time interventions, ensuring efficient operations and improved outcomes.

Axestrack is currently active in Asia, the Middle East, and Africa.