FREMONT, CA: Telematics company Geotab has announced acquisition of one of its partners, Maps BI. Maps BI, founded in 2013 under Inovex, is a SaaS tool that helps users to integrate and manipulate their location-based data. The tool offers visualization and spatial understanding of Big Data regardless of users’ business sectors or organization. As part of the takeover, Maps BI executives, Mike Branch, CEO, Bob Bradley, CTO, and Bernard Cheng, Lead Developer, will join Geotab’s executive staff.
“My colleagues and I are very excited to be a part of Geotab, with whom we’ve developed a strong and fruitful relationship,” said Branch, CEO, Maps BI. “This acquisition marks a new era of business intelligence, especially as Big Data plays a larger and larger role in both the telematics space and beyond. We look forward to providing our expertise in better serving both Geotab’s established and future resellers and customers.”
Geotab’s fleet management software MyGeotab eliminates the complexities involved in data collection while transforming it into useful information for users. The acquisition provides Geotab with enhanced geospatial data visualization capabilities as well as interactive dashboards which further complement its expertise in telematics. The capabilities of MyGeotab coupled with the resources acquired from Maps BI will enable Geotab to facilitate spatial understanding of collected data to its customers. Moreover, the visualization features of Maps BI allow MyGeotab to augment its skills in data analytics that consequently helps the software to realize its fleet management goals faster.
“In order to continually provide our customers with the world’s most sophisticated portfolio of telematics solutions, we at Geotab consistently have our finger on the pulse of innovation,” said Geotab CEO, Neil Cawse. “The business intelligence and visualisation expertise we’ve gained will further catapult Geotab into the position of global telematics leader, all the while providing our customers with new tools to further support their pursuit of superior fleet operations.”