Nicola Veratelli is new CEO at Octo Group
Nicola Veratelli has been appointed CEO at Octo Group, the telematics provider that makes big data actionable through machine learning based systems driven by smart connected vehicles.
The company's previous CEO, Fabio Sbianchi, who founded Octo in 2002 to provide telematics to the motor insurance industry - will continue to contribute to the company's growth from his position as a Member of the Board.
Prior to joining Octo, Mr Veratelli was Senior Vice President of Operations & Supply Chain at Hertz, based in London.
Octo currently has 6 million connected users. It is headquartered in Rome with additional offices in Boston, London, Stuttgart, Madrid, Shanghai and Sao Paulo.
Image: Nicola Veratelli, CEO, Octo Group