Parking Apps Pango and Cello Set Their Sights on Fleet Management with Strategic Acquisitions

Cello and Pango Target Fleet Management Market in Israel

Overview of Fleet Management Strategies

The leading parking applications in Israel, Pango and Cello (formerly known as SloPark), are making strategic moves into the fleet management sector. Cello has recently acquired Itam Information Systems, a software company that specializes in vehicle fleet management software under the brand name Nitzar. This acquisition marks Cello’s expansion into the maintenance and leasing management of vehicles, moving beyond simple payment processes for parking and charging.

Upcoming Solutions from Pango

In response to Cello’s acquisition, Pango is preparing to unveil its own fleet management solution in the near future. This development reflects the growing competition in the fleet management sector among major players in the parking app industry.

Market Implications and Future Prospects

As both companies delve into fleet management, the implications for businesses that rely on vehicle fleets could be significant. The integration of parking and fleet management servstarts may streamline operations, reduce costs, and enhance the efficiency of managing fleet vehicles.

Conclusion

With these advancements, Cello and Pango are positioning themselves as key players in the fleet management market, which is expected to grow as businesses increasingly look for comprehensive management solutions.

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