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Dispelling Common Fleet Management Technology Myths
Fleet management systems and technology have come a long way in the past decade. According to a new report by Global Industry Analysts, Inc., the global commercial vehicle telematics market is set to reach US $11.2 billion by 2015. A focus on next generation vehicle telematics applications, such as fleet operation management systems, is expected to stimulate significant market growth.
An increasing emphasis on convenience, safety and overall fleet efficiencies has spurred on the use of onboard fleet management systems in the transportation sector – particularly in the waste and recycling management industry. This growth is driven primarily by demand from waste management organizations to better manage the cost of fleet operations. New onboard fleet management technologies allow waste fleet owners to reduce costs by trimming unnecessary mileage, boosting productivity and improving overall customer service. Volatile fuel prices, which are forecasted to rally up when the economy rebounds, will offer an added impetus for fleet managers to adopt solutions that will help them reduce energy and fuel costs and expand profit margins.