Shiftmove acquires Ocean, expanding its European fleet technology footprint
Shiftmove, a Berlin-based fleet technology provider, has acquired Ocean, the fleet management division of Orange Business in France, expanding its European footprint. This move positions Shiftmove as a leading provider in the European market, reflecting a growing trend of digital transformation within the automotive sector. This acquisition is crucial given the growing demand for efficient fleet management solutions. The deal sees Shiftmove now serving 27,000 corporate customers and managing 730,000 vehicles across Europe, supported by a team of over 500 employees. Ocean, founded in 2003, brings an additional 8,000 corporate customers and 180,000 vehicles in France to the table, along with expertise in geolocation and telematics. Shiftmove's AI-powered platform offers cloud-based solutions across various sectors, improving operational efficiency. The acquisition is particularly significant as only about 30% of European companies currently utilize fleet management software. The move addresses rising costs and stricter sustainability requirements, directly impacting fleet operators and related industries. This expansion strengthens Shiftmove's ability to offer innovative, data-driven solutions, allowing them to compete more effectively within the European market. This acquisition demonstrates a strategic move towards a more connected and automated fleet management sector. With the integration of Ocean, Shiftmove aims to set new standards for how Europe moves forward in a rapidly evolving technological landscape.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.