I have a background in heavy vehicle regulation, the big companies already have their own telematics and fleet management supplied from third party providers. The opportunity for growth for any company in this market relies on taking advantage of increased regulation opportunities (that is, the regulations haven't caught up to technology) or where government reform is just completely lagging (such as using telematics for heavy vehicle road registration purposes). I also see big opportunities for those who can converge multiple existing market telematic offerings into one single product. It remains a growth market, but the execution needs to be spot on to take advantage.
CXZ Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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