|
|
 |
|
Viewing report
|
|
|
|
Commercial Vehicle Telematics is a Powerful Management Tool with Clear Business Case and ROI for Fleet Operators
Frost & Sullivan, Dec 2008, Pages: 28
This Frost & Sullivan research service titled Commercial Vehicle Telematics is a Powerful Management Tool with a Clear Business Case and ROI for Fleet Operators provides insights into how commercial fleets benefit from implementing telematics and how advanced map data can even boost the return on investment (ROI). In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies for heavy and light commercial vehicles: track and trace, fleet management systems (FMS), navigation, commercial vehicle telematics and digital map data.
Market Overview
Promise of Multiple Benefits to Encourage Uptake of Commercial Vehicle Telematics
During times of financial crisis and economic downturn, logistic and transportation companies as well as commercial fleets in other industries suffer from increasing fuel costs and shrinking revenues. A large number of these companies have to struggle to survive. In this context, an investment in commercial vehicle telematics truly pays off as it helps fleets boost their productivity while decreasing costs. 'By successfully implementing commercial vehicle telematics systems, fleets can become more competitive and improve their customer service,' note the analysts of this research. 'This presents strong growth opportunities for commercial vehicle telematics suppliers.'
A complete FMS offers fleet operators with benefits, both in the field and back office. For instance, benefits of a basic black box with track and trace features include real-time tracking of vehicles and drivers, in addition to improved route planning. An on-board computer with a FMS offers, in addition to the above benefits, more information gathered from the vehicles as well as a large set of back-office management tools. An on-board computer with user interface offers all these benefits as well as in-vehicle user interface.
Most telematics systems are based on digital map data, and the map’s level of detail and accuracy has a certain potential to accelerate the ROI that fleet operators can gain from telematics. However, different customer groups (for example, utilities and taxi services among others) show different needs and requirements for their map data. By integrating more advanced map data for specific customers, telematics suppliers can leverage certain growth opportunities.
'A strong case for the ROI will be a strong driver for telematics in heavy trucks and light commercial vehicles,' remark the analysts. 'Fleet operators should understand that ROI is progressive over time, first providing direct cost savings and then evolving to revenue increase from customer satisfaction and retention.'
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Track and trace
- Fleet management systems
- Navigation
- Commercial vehicle telematics
- Digital map data
Technologies
The following technologies are covered in this research:
- Track and trace
- Fleet management systems
- Navigation
- Commercial vehicle telematics
- Digital map data
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
Strategic Update of European Medium and Heavy-duty Commercial Vehicle Telematics Market
An Update on European Heavy and Medium Commercial Vehicle Telematics Market
Commercial Vehicle Telematics - Global Strategic Business Report
Strategic Analysis of North American Medium and Heavy-duty Commercial Vehicle Telematics Market (Class 4 to 8 Vehicles)
Fleet Management Solution: A Powerful Management Tool with a Clear Business Case and ROI for Fleet Operators
Strategic Analysis of European and North American Green Telematics Market for Passenger and Commercial Vehicles
Strategic Analysis of the European Trailer Telematics Market
Malaysian Commercial Vehicle Telematics Markets
Strategic Analysis of North American Trailer Telematics Market
Fleet Management and Wireless M2M – 5th Edition
|
|
|
|
