Position Logic

Position Logic is a telematics company that offers GPS tracking and fleet management solutions, enhancing operational efficiency for businesses through cutting-edge technology and data-driven insights. Position Logic specializes in telematics solutions for GPS tracking and fleet management. Based in Naples, US, the company was acquired by RACO Wireless, a portfolio company of Inverness Graham Investments, in July 2013. The founder's information is not available.

Position Logic, under the banner of Forward Thinking Systems (FTS), provides advanced telematics solutions, including flagship products such as IntelliHub®, FleetCam®, DriveShield®, Route Matrix®, Field Warrior®, and Monarch®. These products leverage technology like AI-powered video telematics and real-time analytics to offer insights into driver behavior and compliance for businesses managing fleets of various sizes across North America, Europe, and select regions in Asia. Position Logic operates on a transactional model targeting B2B clients, generating revenue through product and service sales. Clients typically engage in multi-year contracts for access to FTS's telematics platform.

Revenue is driven by offerings like FleetCam® and electronic logging device solutions, with pricing plans tailored to different fleet configurations and needs. Position Logic aims to launch new products and enhance existing solutions, although specific upcoming releases have not been detailed. The company is focused on expanding its reach into new geographic markets, specifically targeting growth in Asia by 2025. The funding from the acquisition in July 2013 has been utilized to support these initiatives, enabling Position Logic to strengthen its product offerings and market presence.