May 6, 2009
SUNNYVALE, Calif. – May 6, 2009 – TeleNav, Inc., the largest wireless navigation services provider in North America, today announced that global growth consulting company, Frost & Sullivan, has selected TeleNav’s mobile resource management (MRM) service, TeleNav Track™, for the 2009 North American Mobility Award for ‘Best MRM Solution on a Handheld Device’ for the second year in a row.
“TeleNav Track continues to lead the industry with its combination of cutting-edge features, back-office integration capability and best value pricing,” said Jeanine Sterling, research analyst at Frost & Sullivan. “In our side by side comparisons, TeleNav Track clearly offers the most robust functionality at prices that are equal to or better than its nearest competition. Together, TeleNav Track’s capabilities provide customers with a clear, hard-dollar return on investment by enhancing worker productivity, controlling costs, increasing safety, and improving customer satisfaction.”
TeleNav was the first company to launch a GPS-enabled cell phone MRM solution in North America. TeleNav Track allows organizations to monitor and oversee their mobile workers and fleet through GPS tracking, information reporting, vehicle diagnostics and timesheet management. The solution can help increase overall performance and efficiency through features such as GPS navigation and wireless forms, dispatching, barcode scanning, image and signature capture and out-of-the-box business application integration. Currently, approximately 9,000 organizations rely on TeleNav Track to help effectively manage their mobile resources.
“As a result of MRM solutions moving to mobile phones, the MRM solution category is now available to all businesses of all sizes and in an array of vertical industries. In fact, we expect the North American MRM market to exceed $1.6 billion in annual revenues by 2013,” said Sterling.
“We are honored that Frost & Sullivan has recognized TeleNav Track for the value that it brings to mobile organizations of all sizes looking for a competitive edge,” said Ravi Acharya, associate director of B2B marketing at TeleNav. “We have worked hard to create a service that is easy to use, effective and inexpensive.”
The Frost & Sullivan Award for Product of the Year is presented annually to the wireless company that has demonstrated excellence in product development and launch. The firm recognizes the diligence, perseverance and dedication required to develop successful products, services, technologies and solutions that exemplify unrivaled excellence in the increasingly competitive worldwide marketplace. These awards also honor superior planning and execution of product launches, technological innovations, distribution strategies, mergers and acquisitions and strategic alliances. Frost & Sullivan Mobile & Wireless analyst teams take crucial marketing factors into consideration, including leadership, strategy, service, innovation and integration.
About Telenav, Inc.
Telenav is the leader in personalized navigation. Our mission is to help reduce stress, improve productivity, and make life more fun for people on the go.
Our personalized navigation apps like Scout help people make smarter decisions about where to go, how to get there, and when to leave. Our location-targeted advertising platform Thinknear delivers highly-targeted advertising for national brands and small businesses at locations that drive consumer behavior to the advertisers' goals.
Our products are found in mobile app stores, distributed through our carrier partners (AT&T, Sprint, T-Mobile, and U.S. Cellular), embedded in connected cars (Ford), and on the web at www.telenav.com, www.scout.me and www.thinknear.com.
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"Telenav," "Scout," the Telenav and Scout logos, "telenav.com" and "scout.me" are registered and unregistered trademarks and/or service marks of Telenav, Inc. Unless otherwise noted, all other trademarks, service marks, and logos used in this press release are the trademarks, service marks or logos of their respective owners.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 32 offices on six continents. To join our Growth Partnership, visit http://www.frost.com.Back to Press Release Index