August 16, 2017 8:53 PM ET

Software

Company Overview of Verizon Telematics, Inc.

Company Overview

Verizon Telematics, Inc. provides connected-vehicle products to consumers and businesses in the United States and internationally. The company offers hum, a system that consist of an application, a reader, and a speaker that provides diagnostic alerts, mechanics hotline, and pinpoint roadside assistance; a mobile application that connects users to their cars from the smartphone or computer; an application that connects users to the world outside; plug-in connected vehicle services; a solution that enables small businesses to track, monitor, and manage their fleet; professional services and agnostic technologies; and a program that allows insurance companies to offer usage-based insurance to ...

2002 Summit Boulevard

Suite 1800

Atlanta, GA 30319

United States

Founded in 2006

374 Employees

Phone:

404-573-5800

Fax:

404-573-5827

Key Executives for Verizon Telematics, Inc.

Chief Executive Officer
Age: 62
President
Age: 57
Principal Financial & Accounting Officer, Senior Vice President of Finance and Treasurer
Age: 41
Senior Vice President of Operations
Age: 56
Chief Executive Officer of Networkfleet and President of Networkfleet
Age: 60
Compensation as of Fiscal Year 2017.

Verizon Telematics, Inc. Key Developments

Globetouch and Verizon Telematics to Work with General Motors for OnStar Expansion

Globetouch and Verizon Telematics are planning to launch upgraded network solutions that will be used by General Motors in connection with the continued global expansion of OnStar's connected vehicle services. Globetouch will integrate its open platform GControl with OnStar to enable reliable, high-quality connectivity and regulatory compliance for OnStar services. Verizon Telematics will bring scale and network expertise to the solution.

Verizon Telematics Delivers One-Stop Shop to Prepare Commercial Fleet Customers for the Impending Electronic Logging Device Deadline

Verizon Telematics announced the availability of ELD-ready bundles that address the needs of fleets requiring an ELD solution. The Verizon Telematics ELD-ready bundles are designed to conform to certain technical specifications and serve as a one-stop shop for customers who need to meet the ELD mandate requirements before the deadline. Customers can choose from a number of different bundles for hardware and monthly software subscription pricing that include what drivers and fleets need to comply with the new rules, including: telematics hardware and installation, onboarding assistance, ELD and driver vehicle inspection reporting (DVIR) software, two-way messaging, in-cab tablet mount, electronic tablet, Mobile Device Management (MDM) software, compliance reporting and more. Connectivity for the tablet and the telematics hardware also uses the Verizon Wireless 4G LTE network. The FMCSA stated that it implemented the ELD rule is to make it easier and faster to accurately track, manage and share record of duty status (RODS) data and to help keep drivers safer on the road. Any commercial motor vehicle carrier or driver subject to the ELD rule must be electronically recording hours of service by the December deadline.

Verizon Telematics Announces the Commercial Availability of Hum

Verizon Telematics announced the commercial availability of hum, an aftermarket vehicle technology and subscription service that enables drivers on the road to make their car smarter through a simple solution regardless of their wireless service provider. First announced in January at the North American International Auto Show as Verizon Vehicle,hum provides subscribers with a self-installed solution that helps predict potential issues, prevents breakdowns and offers protection when problems do arise. At the simple press of a button, drivers receive diagnostic information, pinpoint roadside assistance and live consultation with ASE-certified mechanics and emergency personnel on-demand. Powered by Verizon Telematics technology deployed to some of the world's most prominent automakers, insurance companies and fleet managers for more than a decade – as the telematics service provider's first direct-to-consumer offering – hum is compatible with more than 150 million passenger vehicles on the road. Through GPS-based technology, hum helps accurately dispatch advanced roadside assistance, alerts emergency personnel of a car's location if a crash is detected, and assists authorities in locating a vehicle that has been reported stolen. Specific features include: Pinpoint Roadside Assistance for breakdowns, flat tires, overheating, dead battery or virtually anything else that might require towing or roadside assistance; Incident Alert & Emergency Assistance notifies the hum emergency response center if the system detects an incident. Help will be dispatched to the vehicle's GPS location if an accident is confirmed or if there is no response from the driver for additional support. Drivers can also initiate a call at the push of a button to speak with a trained, live agent; Auto Health & Diagnostics helps predict and prevent mechanical issues before they become bigger problems by giving subscribers' insights into their car's health via the hum web portal and smartphone app; Mechanic's Hotline connects subscribers with ASE Certified Mechanics providing personalized, immediate and unbiased consultation related to their vehicle's repair and maintenance issues; Parking & Meter Tools help drivers find where they left their vehicle — using the hum smartphone app — while also keeping tabs on how much time is left on the meter; Maintenance Reminders and Alerts can be set for oil changes, tire rotations and more. Additionally, hum will automatically alert customers to vehicle troubles and general manufacturer recalls; Stolen Vehicle Location Assistance is available at the subscriber's request – hum can provide information to authorities in order to help locate the stolen vehicle; Travel & Repair Discounts include hotels, vehicle rentals, related travel expenses, and auto maintenance.

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