TOWARDS FULL OPERATIONAL VISIBILITY OF FLEETS
Technology is helping fleet managers detect risks and inefficiencies in real time to improve fleet safety and productivity
Vehicular mishaps and rising occurrences of road accidents are expected to drive the global automotive telematics market through the next six years. The requirement of safety measures has significantly increased owing to rise in the number of vehicles. The market is expected to witness significant boost owing to serious concerns for minimizing human casualties and vehicular damages.
Smart driving with on board computers, in-vehicle monitoring systems (IVMS), and telematics, all of which can be referred to as fleet management technology, has come a long way from simply knowing the location of vehicles.
Traditional fleet management solutions offered basic telematics services, such as fleet tracking with the global positioning system and geographical information system. Their latest versions include features such as vehicle management, load monitoring, driver management, and logistics management. Today Fleet Management Technology can provide information about the driver, reward drivers for good performances, prevent against theft, control the operating areas of vehicles, keep goods secure, and most importantly keep roads safe.
Advancements in smartphone and GPS technologies along with high speed internet connectivity have changed the telematics business rapidly. Moreover, rising awareness about driver’s safety and growing influence of safety regulations imposed by various government organizations in the European Union, Russia, and Brazil have made telematics an essential component for vehicles.
A good fleet management technology will provide the data in an easy-to-read format to help fleet managers identify drivers and behaviours that are impeding on their fleet efficacy goals. The technology can also make make drivers happier, according to a study conducted by Fleet Management Systems and Technologies (FMS Tech). The study revealed that driver moral increased by 73% across clients that installed an IVMS or telematics device.
In this context, this report explores the major factors affecting commercial vehicle purchasing in the UAE. According to Bilal Alribi, general manager, Emirates Motor Company – Commercial Vehicles (EMC –
CV), they include securing short/long-term projects and making sure there is a predictable cost of ownership throughout the vehicle lifecycle. Fuel efficiency also plays a major role as companies are trying to go with costsaving solutions. The evolution of technology for commercial vehicle safety including transformational technologies also have an impact on commercial vehicle purchasing. It is projected to revive in the region with the restoration of construction projects. Alribi points out that new and innovative fuelefficient technologies will help leverage the cost benefits on vehicle owners.
However, technology only forms a part of the overall fleet management strategy. Fleet management is also about preventive maintenance of parts to reduce friction and handle stress, which leads to more mileage from the commercial vehicle and increased productivity.
Advancements in smartphone and GPS technologies along with high speed internet connectivity have changed the telematics business rapidly