2 Ways Smart Fleet Tech is Getting More Efficient

It comes as no surprise that fleet telematics is not only gaining popularity, but also becoming the standard for improving supply chain efficiency while ensuring fleet operator safety. The global fleet telematics market is expected to grow to $75 billion by 2025, according to McKinsey. Additionally, at least 15% of fleet vehicles now come with telematics installed as standard. However, while there’s no questioning the growth of fleet telematics or its benefits for companies, current fleet management technologies don’t effectively track ancillary assets in relation to service vehicles and their drivers. As it stands, most fleet managers face the challenge of piecing together costly standalone solutions that don’t tie into their main service tracking applications. Consequently, organizations have all the tracking data available at their fingertips but lack the unified insights they actually need to determine whether a driver is exhibiting risky behavior, if an asset is delivered on time or if an asset is missing.