EROAD expands partnerships with 2 blue-chip Australian customers worth 4,345 units
EROAD expands partnerships with 2 blue-chip Australian customers worth 4,345 units
Transportation technology services company EROAD Limited (NZX/ASX: ERD) (EROAD) has today announced significant customer renewals and expansions in Australia. These partnerships continue EROAD’s successful strategy of growing enterprise customers in other markets over and above its strong market foundation in New Zealand.
In Australia, EROAD has expanded its existing partnership with Boral, Australia’s largest vertically integrated construction and materials company, to upgrade the existing Telematics support it provides for 1,900 vehicles across Boral’s heavy fleet and to expand that support into 1,345 new vehicles.
EROAD also confirms its selection as preferred supplier for Woolworth’s 1100 fleet assets, upgrading its support for key vehicles or assets within the Woolworths Trailer fleet that provides hundreds of thousands of Australians with essential groceries. This comes off the back of a competitive tender process.
EROAD CEO, Mark Heine, said, “We are privileged and excited to help these iconic Australian companies deliver for their customers through the greater business intelligence we can provide. These partnerships are particularly important for EROAD as both Boral and Woolworths were originally Coretex customers, evidence that the 2021 Coretex acquisition and subsequent integration into EROAD is progressing well and delivering value for customers.”
Today’s announcement comes off the back of last month’s announcement that EROAD had won new enterprise customer Programmed Australia and had renewed its partnership with Kinetic NZ, New Zealand’s largest passenger transport business which includes the Go Bus transport brand. Those deals represented an additional 4000 new units and 1950 renewed units. Programmed is a leading provider of Staffing, Facility Management, Maintenance and Care services, and has signed a five-year contract for the MyEROAD telematics cloud platform to be deployed across a fleet of more than 2000 vehicles and 1000 assets.
Once fully installed, the three new or expanded Australian deals with Woolworths, Boral and Programmed Australia represents a 28% growth in Australian units.
Heine said, “These partnerships are another big step forward for EROAD’s growth strategy. At EROAD we believe technology should be simple and make your job easier, so it’s inspiring to see more great companies turn to technology to improve their operations and make a positive impact on both employees and the communities they serve.”
