Purchase for small-cap growth.
FleetMatics Group PLC (NYSE: FLTX) is an industry leader in fleet management software-as-a-service (SaaS) solutions to small- and mid-size fleet operators. The company's REVEAL, REVEAL+ and WORK solutions help fleet managers monitor vehicle geo-location and speed, driving habits, fuel efficiency, route choices and deviations, mileage and other key variables to help improve workforce and fleet efficiency, and lower operating costs. Fleetmatics recently launched REVEAL Field, a new enhancement to its established REVEAL platform that better connects dispatchers, managers and drivers through an innovative mobile application and is expected to sizably boost usage, data recency and operational efficiency. The company has operations in the United States, Canada, Mexico, Ireland, the United Kingdom, Netherlands, France and Australia. Fleetmatics recently surpassed a major milestone with 625,000 active vehicles under subscription across about 29,000 fleet management customers.... (more)