He previously served on the Masternaut board for two years, working closely with the senior management team. In his new role, Martin will be responsible for steering the company towards continued growth.

Hiscox has more than 25 years’ industry experience including a solid track record of working with b2b software and technology companies to reach their maximum potential. Prior to joining Masternaut, he spent five years as vice chairman of the board and seven years as president of international operations for RedPrairie, a US-headquartered supply-chain, workforce and distribution software specialist. 

During his tenure, RedPrairie experienced accelerated growth, extending its reach into Asia, throughout Europe, Middle East and Africa, growing annual revenues by more than 4 fold in the period.  

At Masternaut, his ambitions are to rapidly double the company’s SaaS revenue organically and through acquisitions, expand its leadership globally, grow its best-in-class product portfolio, and leverage M2M and other software productivity applications to assist its customers in improving their operational performance.

Commenting on his appointment, Martin Hiscox said: 'Masternaut has gone from strength-to-strength, and it is well-positioned to meet growing customer demand for robust, easy-to-deploy solutions that provide deep business intelligence, helping customers to minimise costs and maximise profitability. We employ over 500 telematics professionals, supply services to more than 10,000 customers and have over a quarter-of-a-million assets, vehicles and people connected to our SaaS solutions. 

'The management team and I are committed to taking Masternaut to the next level, increasing the value of the brand by serving as a strategic solutions partner to leading fleet, logistics and transport companies around the world,' he added.