Shiftmove: Integrated Mobility Management Becomes a Value Generator
Under the leadership of the previous CEO of Avrios, Francine Gervazio, the group aims to digitize corporate mobility management throughout Europe. The group plans to expand its presence in Europe and its service portfolio, and for this purpose, will acquire other companies from related fields. The headquarters of Shiftmove is in Berlin. The corporate group currently employs around 250 employees and serves approximately 67,000 corporate customers.
“We are starting with the fleet management solutions from Vimcar and Avrios and will gradually add further solutions such as mobility budgets for employees and tools for the faster transition to electric vehicle fleets,” explains Francine Gervazio, CEO of Shiftmove.
Zak Ewen, principal at investor Battery Ventures, assesses the market potential as enormous, since only a fraction of administrative processes for operational mobility have been digitized. The goal is to make Shiftmove the market leader for fleet and operational mobility management in Europe.
Integrated solution for value-creating mobility management
So far, companies across Europe are addressing their mobility needs for employees and goods with a variety of very different solutions, explains Gervazio. Most companies still manage their fleets manually with Excel spreadsheets.
"In addition, fleet managers typically work with at least eight different suppliers," Gervazio continues. "We believe that by consolidating data in one place, we can offer our customers an efficient solution, provide better insights, and help them optimize costs."
An integrated solution that connects the mobility of people, vehicles, and goods goes far beyond fleet management. To consider operational mobility management holistically, it also includes, for example, additional fleet management services, supportive tools for electric fleets, the management of mobility budgets for employees, or procurement management.
Companies Under Pressure
The combustion engine phase-out in 2035, rising fuel costs, and at the latest the Corporate Sustainability Reporting Directive, which comes into force in 2024, are increasing pressure on companies to operate more sustainably. In the EU, around 50,000 companies are affected by these regulations.
"The cost and efficiency pressure on companies is growing. Operational mobility is an important lever when it comes to keeping emissions targets in mind and saving costs. However, to achieve these goals, companies must be able to harness the full efficiency potential in this area," says Shifmove CEO Gervazio. "This is only possible with a holistic perspective that helps manage and analyze all processes and data in one place."
What Does It Mean?
Mobility management can become a value driver rather than a cost factor if approached holistically. And Shifmove has big plans - Battery Ventures has already announced funds for further acquisitions.
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