BELO HORIZONTE, Brazil and
IRVINE, Calif., Jan. 21, 2021 /PRNewswire/ -- CalAmp
(Nasdaq: CAMP), a global technology solutions pioneer transforming
the mobile connected economy, and Localiza (B3: RENT3 ant
OTCQX: LZRFY), the largest car rental operator in South America, today announced a multi-year,
enterprise agreement that promises to reimagine the car rental
experience for both consumers and fleet operators in Brazil.
With an integrated business model, Localiza, the largest
mobility player in Brazil, today
has a well-established presence in car rental and franchising, in
South America, and fleet rental in
Brazil.
CalAmp and Localiza began working together in 2015 to install
smart telematics on several hundred vehicles in Localiza's fleet.
The partnership has grown to thousands of vehicles currently
equipped with CalAmp's telematics technology enabling enterprise
fleet organizations, like Localiza, and others to scale their fleet
operations with ease.
"This is an important partnership for CalAmp," said Arym
Diamond, chief revenue officer for CalAmp. "CalAmp is dedicated to
international expansion and excited to increase our reach
throughout Latin America working
with Localiza as our partner. Together, we are working to add more
value-added telematics technologies for all types of fleet
management applications across the globe."
This partnership combines CalAmp's AI-enabled connected vehicle
technology with the business and domain expertise of Localiza to
deliver integrated, user-friendly proprietary web-based software
that provides fleet operators with a seamless end-to-end solution.
With the support of CalAmp, Localiza is developing new technologies
and solutions for mobility, creating new business models,
digital transformation and data-driven decisions to
improve efficiency, reduce costs, and increase fleet
utilization and customer satisfaction, with a superior user
experience.
By adopting CalAmp´s connected vehicle technology, Localiza
and CalAmp are leading the digital transformation across the car
rental industry. With CalAmp's intelligent telematics powering
connectivity and Localiza's Fleet Management Software
Platform, Localiza can manage vehicles across its rental fleet in
real-time to better understand vehicle status, such as battery
health, road traffic, location, preventative maintenance and
servicing.
"This multi-year partnership represents an important milestone
in our journey to continuously offer innovative mobility solutions
to our customers," said João Ávila, Operations VP of Localiza.
The introduction of a subscription-based car rental program
positions Localiza at the forefront of innovation within the car
rental market. This unique offering provides consumers and
companies with regular access to a diverse inventory of vehicles
and cost-effective mobility alternatives. And for drivers on
ride-sharing apps, such as Uber, it reduces the barrier to entry,
which opens up opportunities for more drivers and provides greater
access to ride-sharing services and cost savings for end
consumers.
"CalAmp has been very impressed with the innovations Localiza
has been spearheading in Brazil
and the speed at which they are revolutionizing the connected car
space," said Jeff Clark, SVP of
product management for CalAmp. "We are honored to be the chosen
platform for these new business innovations in the car rental space
for Latin America and other
markets worldwide."
About Localiza
Localiza operates an integrated
business platform comprised of car rental, franchising and fleet
rental. It is the largest car rental company in South America with more than 580 rental
locations and a fleet larger than 275,000 cars in Brazil and six other countries in South America. We have been recognized for
excellent customer service and honored with numerous awards in this
category. In Brazil, Localiza has
a market share of 32.3% in the RAC and is larger than the second
and third ranked competitors combined. Localiza is listed at Novo
Mercado, the highest corporate governance level of the Brazilian
Stock Exchange since 2005.
About CalAmp
CalAmp (Nasdaq: CAMP) is a global
technology solutions pioneer transforming the mobile connected
economy. We help reinvent business and improve lives around the
globe with technology solutions that streamline complex mobile IoT
deployments and bring intelligence to the edge. Our software and
subscription-based services, scalable cloud platform and
intelligent devices collect and assess business-critical data from
mobile assets and their contents. We call this The New How,
facilitating efficient decision making, optimizing mobile asset
utilization and improving road safety. Headquartered in
Irvine, California, CalAmp has
been publicly traded since 1983 and has 20 million products
installed and over 1.3 million software and services subscribers
worldwide. LoJack®,
Tracker™ and Here Comes The
Bus® are CalAmp brands. For more information, visit
calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp
Blog.
CalAmp, LoJack, Tracker, Here Comes The Bus, iOn Vision and
associated logos are among the trademarks of CalAmp and/or its
affiliates in the United States,
certain other countries and/or the EU. Any other trademarks or
trade names mentioned are the property of their respective
owners.
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SOURCE CalAmp