Telematics technology helping businesses to make significant savings
Telematics technology is revolutionizing the fleet management industry across the world. The technology is playing a key role in reducing resource expenditure and increasing resource savings for businesses while ensuring fleets comply with prevailing norms and standards.
With telematics technology users can access location, movement and status information and metrics of their vehicles via special web-based software applications or through in-house vehicle tracking enabled business applications. In Essence, GPS Telematics systems become platforms where users collect and transport valuable mobile resources, field information and activities.
In fact, the global Strategic Business Report on Fleet Management Systems projects that the market will reach a cumulative installed base of 47.4 million units by 2022. This is being driven by the strong adoption of new technologies, move towards reducing carbon footprints and paper trail, focus on achieving cost-containment, and higher logistical efficiencies.
Telematics systems can help businesses optimize their fleet in a number of ways, with features ranging from basic route planning to monitoring driver behavior, integrating with packaging and deliveries, maintenance scheduling and much more. These systems are capable of analyzing the driving style and providing comprehensive feedback to both fleet managers and drivers in real-time.
Early version of telematics only provided route planning and compliance, but latest versions now come with a number of add-on features including temperature monitoring, fuel monitoring, audio communication among others. Data instruments are fitted on vehicles, the data is then transmitted to a control and communication center. This data is in form of the location coordinates they receive from GPS Satellites, telemetric information (such as temperature, vehicle location etc) from the connected sensor via GSM/GPRS network. The incoming information is then compiled by means of special software and recorded in a databank.
The technology is customized for the user and your vehicles can be monitored 24/7 thanks to desktop, smartphones and even SMS applications, in addition to a standard web software and digital maps. Only data transmitted by the equipment is retrieved from the internet. Thus, the system operates fast and efficient and can be used without problems. The transmission of this data has been made easy thanks to the advancement in communication networks and devices which have become more reliable over the past few years. This advancement has also made it technically feasible and financially viable for companies to capture and transmit the data in real-time make their assets/vehicles more visible and connected.