Fleet Tracking: The Benefits of Telematics and How It Can Help Your Business

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Connected car technology has been evolving for several years. Connecting cars to networks and allowing them to communicate data is reshaping the automotive industry in numerous ways. Automobile telematics is another big step for connected car technology and is the next big step for logistics management. While telematics has gained a lot of ground, improving insurance premiums and determining traffic patterns, it is fueling change with fleet management logistics.

Smart utilization of telecommunications networks to relay information from one device to others over a distance is telematics. Simply put, it is a way of connecting items and allowing them to share information over space and time. As the world has become even more connected, the Internet of Things has evolved as a business tool to connect machines, computers, and offices. This same technology is now being used to connect, monitor, and track vehicles in the automobile industry. Think about such services that allow for remote entry into vehicles, keyless connections, and emergency dispatch. All of these newer capabilities are a result of vehicle telematics.

The latest applications of vehicle telematics are allowing companies and industries better insights into their fleet operations. As many companies rely on a host of vehicles to carry out business, a fleet telematics system provides the ability to improve productivity and gain maximum value from operations. With everything from GPS tracking and maintenance monitoring to optimized route planning, telematics is changing the game for fleet management. Let’s take a look at why fleet communications technology is the next big thing in logistics.

Improved Productivity

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With a fleet telematics system, drivers can rely on advanced GPS monitoring to plan routes based on changing weather conditions, locations, and traffic delays. Optimized route planning allows for improved efficiency and productivity. Additionally, these systems can deliver information about vehicle location, fuel usage, and other logistics. Customer service can also be improved as dispatchers, representatives, and others can see real-time information relating to deliveries or vehicle arrival times. Relying on this information, companies can reduce downtime and improve the functionality of the entire fleet.

Safety and Maintenance Tracking

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Fleet managers can take advantage of telematics technology to monitor driver behavior and vehicle performance. A telematics solution provides information about vehicle speed, location, seat belt use, harsh braking, and travel times. This provides a clear picture of driver behavior. This information might also be used to enable insurance providers to evaluate risks factors and determine policy information accordingly. Apart from this, fleet telematics can improve driver safety and preventative maintenance by tracking usage records and other vehicle data. With improved monitoring, companies can also track accidental damages and other incidents to reduce expenses.

Better Decision-Making

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With an advanced telematics system, business leaders can analyze fleet behavior to make better decisions about things such as efficiencies and operating costs. Regular GPS systems simply provide information about what happened and where. Telematics data can help companies understand fleet behavior and how operations are impacted. Fleets of all sizes can communicate information about fuel efficiency, driver performance, delivery routes, and time management. Businesses can make informed choices about fleet vehicle acquisition, driver assignments, and asset tracking by leveraging actionable data. More than just a fleet management solution, telematics can prove to be a powerful business solution.

Telematics fleet management is predicted to experience exponential growth by 2025 and will become the standard for fleet management. Think about how your business operations could improve with efficient route planning, fuel management monitoring, and fleet tracking. A telematics software platform harnesses driver, safety, logistical, and vehicle data to create a powerful business tool for fleet management. This technology is creating smarter fleet vehicles that can adapt to the unique needs of a particular route or situation. With fleet telematics solutions, businesses can improve productivity, efficiency, and profitability.