Fleet management will see revolutionary developments in telematics drive greater efficiency, productivity, and communications.
Telematics platforms are instrumental in driving efficiency in today’s warehouse operations. Fleet managers can monitor the location, movement, and status of a fleet vehicle and its driver. They can use these insights to increase productivity, reduce labor costs, control fuel costs, increase fleet safety and more.
But revolutionary new developments are on the horizon. In the coming year, advanced telematics will drive even greater efficiency, productivity, and communication.
How telematics platforms will evolve
Here are 7 ways that telematics will change fleet management in the near future.
1) Predictive analytics will improve and increase.
More predictive analytics will make it easier for fleet managers to identify drivers who are at the highest risk of getting into an accident, filing a worker’s compensation claim, or leaving a job.
2) Use of telematics will increase.
In 2015, a survey of more than 1,000 commercial and government fleets found that 52% of respondents were using telematics within their operations. But, there are still millions of fleet vehicles contemplating implementation of this technology. As the ROI becomes clear, the adoption rate is expected to continue to increase, according to a recent IBISWorld fleet telematics systems market research report.
3) More companies will adopt the cloud.
Cloud technology allows easier installs, universal maintenance and management, and the ability to compare site, regions, companies, and other factors against each other (comparative analytics).
4) There will be better instrumentation and the ability to gather more data.
The most modern telematics platform vendors offer new, varied, and universal sensors that seamlessly integrate with software. Fleet telematics systems will now capture substantially more information than they have in the past, with more sophisticated analytic and reporting capabilities.
5) Managers will have improved, reliable, foot-level location in the warehouse.
Rich locationing data will drive warehouse productivity and innovation, allowing real-time labor-standard adjustments and slotting adjustments.
6) Systems integrations will be tighter.
Software systems will experience improved integrations, so there will be no need for fleet managers to use different logins to get the information they need.
7) Fog and edge computing will manage bandwidth limitations.
As the U.S. ranks 35th in world in terms of bandwidth per user, computing things as close to the user as possible is critical to making the Internet of Things responsive enough to be usable. Telematics will incorporate two solutions to do that: Fog computing leverages apps that let you process data closer to the source, before it is stored in the cloud. Edge computing processes data at the periphery of the network, into devices as close to the source as possible.
The coming year will bring about improved connectivity of smart devices in fleet management and across industries. Telematics platforms like TotalTrax SX/VX will continue to evolve, revolutionizing warehouse and fleet telematics to achieve greater efficiency.