The former managing director of Trimble Fleet Solutions in Europe has established his own company in the telematics sector after identifying “an outstanding business opportunity”.
Andrew Yeoman left Trimble, a global provider of fleet and field service management services, in March and officially launched London-headquartered Concirrus at the end of June.
But Yeoman has told Fleet News that his new company is not in competition with Trimble and he left with the “full co-operation” of the company’s management team.
Concirrus intends to specialise in “distributing, designing, building and operating remote telemetry solutions”.
While it will assist fleets to monitor tyre pressures remotely – a service not offered by Trimble – it will also specialise in the energy and security sectors, among others.
Yeoman and co-founder fund start-up costs
Concirrus’s start-up costs have been funded entirely by Yeoman and co-founder Craig Hollingworth, who has expertise within the mobile industry after working in senior roles at O2, Telefonica, France Telecom and Masternaut.
Yeoman told Fleet News: “Trimble is the biggest company when it comes to telematics.
“But I noticed that we kept having to say “no” to those businesses wanting solutions regarding tyre pressures, information on how full their oil tanks were, information specific to their inventories or their security systems.
“I realised that there was an outstanding opportunity for me to go and create this facility.”
Yeoman added that he also decided to “take stock” of his life and career after a former colleague suffered a fatal heart attack while flying round the world for work.
He worked for Trimble for six years during which he expanded the business from Britain and the USA to one that operated across Europe, Americas and Asia with worldwide revenues of $300 million (£189m).
At the end of last month, Concirrus announced a deal with American company PressurePro to bring its range of tyre pressure monitoring systems (TPMS) services to the European commercial vehicle markets.
The service will enable fleet managers to monitor tyre pressure remotely.
Yeoman said: “Concirrus aims to measure information remotely, connect those measuring devices to the internet and make that information ubiquitously available to the company that requires it.
“All fleet managers have a budget for tyres and fuel, and I believe that tyre pressure monitoring is a necessary addition that directly reduces the costs of running vehicles and helps companies operate a safer fleet.”
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