Embeddedadvisor
US
APAC
EUROPE
  • Home
  • Insights
  • Whitepaper
  • Conferences
  • Newsletter
  • Subscribe
  • News
  • About us
Go to...
  • Home
  • Insights
  • Whitepaper
  • Conferences
  • Newsletter
  • Subscribe
  • News
  • About us
  • Categories

  • Embedded Design and Solutions
  • Automotive
  • Electronics Design and Solutions
  • Aerospace
  • Imaging & Machine Vision
  • More
      • IP Design
      • Medical Devices
      • PCB Design/Engineering
      • Test/Measurement
      • Wireless Technology
      • Telecom
      • Wearables/Sensor
      • Consumer Electronics
      • Memory/Storage
      • IoT
      • Industrial Computing
Go to...
  • Categories

  • Embedded Design/Solutions
  • Automotive
  • Electronics Design/Solutions
  • Aerospace
  • Imaging & Machine Vision
  • IP Design
  • Medical Devices
  • PCB Design/Engineering
  • Test/Measurement
  • Wireless Technology
  • Telecom
  • Wearables/Sensor
  • Consumer Electronics
  • Memory/Storage
  • IoT
  • Industrial Computing
×
#

Embedded Advisor Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Embedded Advisor

Subscribe

loading

THANK YOU FOR SUBSCRIBING

  • Home
  • News
Editor's Pick(1 - 4 of 8)
left
Leveraging Big Data to Keep Big Trucks Up and Running

Terry Kline, SVP & CIO, Navistar

Internet of Things, Cloud and the Future of Transportation

Shaleen Devgun, EVP and CIO, Schneider

A Digital Experience Steering the Future of Automotive Industry

Sherry Aaholm, VP & CIO, Cummins

Harnessing the Power of Big Data

Ken Kauppila, CIO, Merchants Fleet Management

Application Management Transformed

Sorabh Saxena, CIO, Network & Shared Services, AT&T

The 5 Lies the Ubers of Trucking May Tell You

Robert Nathan, CEO and Co-founder, LoadDelivered

Your Next Transportation Management System: TMS 2.0

Mike Dieter, CTO, Transplace

Unlocking the Benefits of a Circular Economy

Kevin Brown, Chief Supply Chain Officer, Dell

right

Fleet Sharing: The Next Generation of Vehicle Telematics

By Embedded Advisor | Thursday, November 22, 2018

Tweet

TelematicsFleet represents both an expense and investment for the business. A CFO (chief financial officer) needs to establish the business to demonstrate the sound rationale for investing in fleet management.  Investing in fleet falls heavily down to what it costs to procure the vehicles, to maintain, and manage throughout its lifespan.

Earlier, when vehicle telematics was introduced, there existed a debate between whether it was beneficial to the fleet or not. There are some objections to vehicle telematics such as Big Brother theory, not knowing how to manage or overcome it. On another face of the coin, some businesses believe that there is no question if this technology is to be used. Big Brother theory is supposedly the largest concern for businesses, whether or not to implement telematics for operations. Drivers think that this might disturb the privacy concerns and may lead to the growth of distrust from the management.

Few Telematics Companies:(Dickinson Fleet Services,EquipmentShare,NexTraq)

According to Debunking theory, the reason behind implementing vehicle telematics is not to trouble the employees, interfere into the privacy, or show distrust. Rather, it is to improve the business. Performance of the drivers can be calculated to enhance the productivity and safety measures. In turn, it can escalate the company’s bottom line. AThe sales managers will have to review the recorded calls and plan the strategy for the next sale. Most of the fleets have a negative approach to vehicle telematics as it is too expensive to bear and allot a room in the budget for this technology. It is important to consider long-term profits that are achieved by vehicle telematics technology. About 500 percent of ROI is delivered upon the fullest use of telematics software. Vehicle telematics as a security tool reduces the costs, risk, and increases the revenue.

Vehicle telematics takes the organization and planning ahead successfully. Vehicle telematics, in the end, is worthy. With this technology, vehicle location, speed, and the driver activities can be tracked.  

Check This Out: Top Telematics Companies

tag

ROI

Read Also

Hogan Rolls out Lytx Driver Safety Program to its Full Fleet

Hogan Rolls out Lytx Driver Safety Program to...

Building Security in Logistics with IoT

Building Security in Logistics with IoT

Telematics and Data Encryption

Telematics and Data Encryption

SiFive Secures $61M in Series E Round of Financing

SiFive Secures $61M in Series E Round of Financing

Weekly Brief

loading

New Edition

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 Embedded Advisor. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy.
follow on linkedin follow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

www.embeddedadvisor.com/news/fleet-sharing-the-next-generation-of-vehicle-telematics-nid-247.html