Powered by Smartsupp
VEMOCO

News, Blog

VEMOCO Expands to Canada: Establishing a Subsidiary to Conquer the Telematics Market

General
2024.09.29
VEMOCO Expands to Canada: Establishing a Subsidiary to Conquer the Telematics Market
In September 2024, we established our Canadian subsidiary, marking a significant step in our global growth strategy. Canada is a key player in the telematics industry, with an annual growth rate exceeding 15%. With our local presence, we aim to better support our partners with innovative, AI-driven solutions.

We are proud to announce that VEMOCO Telematics Ltd. has reached another milestone: in September 2024, we established our Canadian subsidiary. This move is a crucial part of our global expansion, as Canada stands out as one of the fastest-growing telematics markets worldwide, driven by the increasing adoption of IoT and smart fleet management solutions.

Canada's unique landscape—with its vast geographical area and strong industrial base—demands tailored, efficient telematics solutions. With our new office, we can respond faster and more effectively to local needs. Our AI-powered solutions are designed to help clients reduce operational costs, enhance productivity, and achieve their sustainability goals.

We believe this step not only enables us to deliver even higher-quality services to our partners but also strengthens our position in the global market. Through our new subsidiary, we aim to become a leading player in the Canadian telematics market, just as we have successfully established ourselves in Europe.

Back