Modern car buyers anticipate vehicles to have an infotainment system and a navigation system. But, technology isn’t just used in vehicles for the owner’s benefit; it can also be utilised to feed important data to a company. This is where telematics and GPS vehicle tracking comes into play. If you’ve never heard of either of those before, then allow us to quickly explain.
Telematics is essentially a box that is integrated into the vehicle, which then relays a plethora of different information back to the provider. It’s able to do that by leveraging the power of GPS (Global Positioning System) vehicle tracking. Typically, you’ll hear about insurance companies capitalising on this to ensure young drivers while offering an affordable rate while minimising risk.
However, it’s also used heavily in the fleet industry. Why? Because organisations can track the performance of each vehicle in their fleet, and use that data to keep costs down, master their operation and boost productivity. So, telematics and GPS vehicle tracking work in harmony, as telematics wouldn’t be successful without the latter assisting it.
Now, the type of data that it crunches includes location, time, driver information, vehicle identification and speed. But, those are just the first layer; there’s much more to this innovative technology than first meets the eye. That type of data is extremely useful, but it won’t have much impact on the overall business productivity.
That’s why most telematics and GPS vehicle tracking providers also list more crucial information. For instance, it may state how much traffic congestion is your typical route along with the average journey time, so you can find a way to cut the amount of fuel you’re consuming. Alternatively, it may tell you how long the vehicle has been stationary for, with contrasting information like speeding alerts, so a fleet company can discipline their workforce.
The most obvious benefit of using a telematics system is that it automatically records and stores all of that data for you, and then showcases it in a comprehensible way. That means you won’t have to assess your company and try to calculate the costs manually. It gives you all the data you need to make a fleet business flourish. Moreover, another huge benefit is that it prioritises road safety, which will reduce the risk of accidents.
Telematics, though, it isn’t just relied on in the fleet industry; telematics and GPS vehicle tracking technology can be transferred across many different industries.
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