Online technology firm is to go through a phased withdrawal from the retail dealer management systems (DMS) arena in order to focus resources on the fleet market.
The DMS division will continue to provide support and services to existing DMS customers for the remainder of their contracts, but will not actively seek new customers or market the platform further.
Instead, the company said it intends to focus its investment and resources into its fleet propositions: the e-procurement platform Leaslink, vehicle delivery and collection system MoDel and telematics tool MoDrive.
Craig Gibbin, director at Ebbon-Dacs, said: "We have taken the strategic decision to begin the phased withdrawal from the UK DMS market. The
DMS area is a small proportion of the wider business’s turnover and does not fit with our strategic goals as a fleet business.
"Naturally, we will honour existing customers’ contracts for DMS, some of which have more than 12 months left to run. But we will wind down the business gradually and will not seek to recruit new DMS customers."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData