AddSecure recognised with Frost & Sullivan’s 2024 Europe Market Leadership Award for innovation in Fleet Management
The award acknowledges AddSecure’s leadership in the fleet management services industry and their commitment to driving innovation and delivering exceptional value to customers.
AddSecure, a leading European provider of secure IoT connectivity and end-to-end solutions, has been honoured with the prestigious 2024 Europe Market Leadership Award by Frost & Sullivan, a renowned market research and consulting firm. This recognition comes as a result of their recent research on the fleet management services industry, which highlighted AddSecure's exceptional innovation and leadership in the European market.
Frost & Sullivan describes AddSecure’s offering as a comprehensive suite of solutions for fleet management, transport management, and video telematics, that optimize performance and enhance business success. Their software-as-a-service (SaaS) model ensures that businesses of all sizes receive tailor-made and data-driven services.
By leveraging AI-powered features, AddSecure provides real-time insights and automation capabilities that streamline operations and reduce costs. Their innovative products, such as the RoadHero solution for digital claims management and the SaaS Transport Management System (TMS), significantly improve fleet performance and customer satisfaction.
”We are honoured to receive this recognition from Frost & Sullivan, which reflects our ongoing mission to help fleet and transport companies optimise their operations and embrace the future of intelligent fleet management. This award validates our approach of combining secure IoT connectivity with data-driven solutions to deliver exceptional value. Our strategic investments in expanding local sales and support, alongside a customer-first mindset, have been key drivers of our success. We remain committed to helping our customers address today’s challenges while preparing for the opportunities of tomorrow,” said Claes Ödman, President of Smart Transport at AddSecure.
Furthermore, Frost & Sullivan recognizes that AddSecure's strategic acquisitions across Europe have expanded its geographic footprint, portfolio, and capabilities, ensuring sustained market growth in the coming years.
AddSecure’s R&D strategy drives rapid growth and a broad portfolio by investing in cutting-edge technologies like IoT connectivity, enhancing its offerings and strengthening its leadership in the industry. This focus on innovation and expansion enables AddSecure to adapt to the evolving transport and logistics industry and become one of the undisputed fleet management services leaders.
About Frost & Sullivan’s Best Practices awards
Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased ROI it offers customers, which, in turn, raises customer acquisition and overall market penetration potential.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
For more information, please contact:
Johan Stråkander, Segment Marketing Director, AddSecure
Mobile: +46 735 00 00 71, johan.strakander@addsecure.com
Kristina Grandin, Director Corporate Communications, AddSecure Group
Mobile: +46 706 89 52 08, kristina.grandin@addsecure.com
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.
About AddSecure
AddSecure is a leading European provider of secure IoT connectivity and end-to-end solutions. We help customers optimize their operations, drive business value, and secure vital functions. By combining connected, data-driven, and sensor-based solutions with best-in-class expertise, we meet our customers’ needs regardless of industry. We provide both managed services and connect any device in need of secure communications and data transfer. Imagination is the only limit.
Our secure IoT solutions are used within the areas of buildings, alarms, transportation and logistics, personal safety and security, health care, construction, municipalities, schools, rescue services, power grids, and more.
AddSecure’s headquarters is in Stockholm, Sweden. Our main market is Europe, yet we serve customers worldwide. With over 1,100 employees, we help make the world safer, smarter, and more sustainable.
AddSecure is majority-owned by Funds,managed by Castik Capital, a European private equity fund with a long-term approach to value creation.
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