Avis Budget Group announced that it has surpassed the 200,000 connected car threshold globally, a significant marker on its journey to fully connecting its fleet of more than 600,000 vehicles. To date, the company has seen numerous benefits, including reduced costs thanks to new operational efficiencies; increased revenue from better recovery of costs; happier customers thanks to more responsive and personalized technology; and new business models enabled by both the connected platform and vehicle data. With a growing number of vehicles connected to both the cloud and to mobile applications, Avis Budget Group has been able to create new revenue streams through new business models including Fleet Management as a Service, Data as a Service and its Developer Program.
