Targa Telematics repositions itself in the second European market for automotive manufacturing
Targa Telematics – an Italian tech company that develops solutions in the field of telematics, smart mobility and IoT – continues to grow and expand on foreign markets, with the opening of a new office in Spain, in the center of Madrid. The entry into the Iberian market comes a year after the opening of offices in Portugal.
This is an operation that allows to consolidate the internationalization path and to follow up the export project of technologies, services, and value propositions of the Italian company, which also boasts direct offices in France and the United Kingdom, and which is already operating globally in countries such as the United States, Australia, New Zealand and asian markets.
Spain ranks second after Germany as the second largest producer of the automotive sector in Europe, an industry that accounts for 11% of the national GDP. The direct presence on the territory will allow Targa Telematics – protagonist of a significant growth path over the last few years – to expand the market of its innovative solutions for fleet management and car sharing – developed in the Treviso Research & Development hub – and to play a leading role in the mobility of the future also in the Iberian Peninsula.
"The presence in Spain represents a further step towards our goals of growth and positioning, which will have to lead us in the next five years to become a global company and to consolidate our role as a protagonist in the sector, as an enabling actor of the transformations that we are already beginning to see in the mobility sector", commented Nicola De Mattia, CEO of Targa Telematics .
"We are totally focused on supporting and helping our customers – whether they are managers of large fleets, renters, car makers, insurance companies or mobility players – in their transformation and transition to digital, to connected, electric and shared mobility, and to all new forms of mobility: being also logistically closer to them is a further and important point of transition to make collaborations even more profitable and increase the value created", De Mattia added.
The Italian company acquired Grupo Solutio, one of the leading system integrators in Spain
The EU ChipsJU program will fund the development of innovative semiconductors production lines in Catania, thanks to an international consortium led by…
The Italian tech company has entered into an agreement to buy the US based live-streaming and video-recording business
Factorial secures $80M of Go-To-Market investment from General Catalyst to accelerate growth.
The Italian company acquired Grupo Solutio, one of the leading system integrators in Spain
Exowatt, a next-generation renewable energy company, today unveiled a first-of-its-kind modular energy platform designed to power energy-intensive data…
Backbase, the creator of the Engagement Banking Platform, is thrilled to announce the inaugural ENGAGE Americas 2024 conference, at the Fontainebleau…
Availity, the nation’s largest real-time health information network, announced the appointment of Sean Barrett as its new Chief Product Officer. With…