Our world is ever-changing. As we strive to innovate, we will improve every facet of our lives to make it better, faster, or easier.
This is what has caused our current modernization and what will also contribute to future developments. Like other industries, fleet management will benefit from every generation of technological revolution.
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As competition increases and the needs of both businesses and customers become more diverse, fleet management companies must find new ways to stand out from the crowd, sustain themselves, and serve their customers. This is done by either creating new technologies and methodologies in-house or adopting what has already been created by others. Let’s look at six emerging technologies in fleet management that you should utilize.
Internet of Vehicles
Ever since the internet was created, it has been connecting people all over the world. Now it’s connecting devices as well. As our lives became more sophisticated, we developed a need to make certain things easier. We first achieved this by making smart devices and then we gave them a way to communicate with each other.
The internet of things has enabled physical objects to share information and instructions with each other. This started with home appliances but is now entering the automobile industry. Giving vehicles the ability to talk to each other and other devices such as traffic lights creates a whole new world of opportunities and advancements. This next one being the most prominent.
Self-driving cars, a lot of us have been dreaming of them for decades while others are still wary. Now that we’re developing smart cars and letting them talk to their surroundings, having fully autonomous vehicles is almost a reality. Most people are looking forward to autonomous vehicles not because they don’t want to drive but because it increases their safety.
Many road accidents are caused by human error, be it distractions, negligence, or simply being tired. Utilizing autonomous vehicles in your fleet will reduce repair and maintenance overheads caused by accidents. It will also help to better streamline schedules as self-driving cars don’t need breaks or take unauthorized detours.
Telematics has been integrated into fleet management for quite a while so you could be wondering what’s new here. There’s a lot. It seems that the more companies adopt telematics, the more feature-rich it becomes. What started as just simple asset tracking with GPS and various sensors, has evolved into cloud-based infrastructures that provide real-time driver data reports among other things.
Telematics has helped many companies optimize and refine their operations. With the advent of new and improved solutions, that will continue to happen. Many businesses that have tried a fleet dash cam system have gained a deeper insight into their entire operations. This has enabled them to cut costs, avoid potential issues, and reduce operational overhead. Tapping into these advancements will provide a ton of benefits.Enhanced Mobile Networks
If you’re reading this and have any idea about the first mobile phones, then you must be worshipping what we have now. Our level of improvement often seems phenomenal; we went from a few large devices that only served a single purpose to small devices that can do almost anything on the go.
As mobile networks improved, they increased our capacity to do things. We went from only being able to call to text, to having browsing features, and even watching HD movies as we travel. With 5G networks, we’ll be able to do a lot of that much faster. 5G networks will allow more vehicles to communicate on the same network.
AI, Machine Learning, and Big Data
Individually, these technologies are outstanding. They’ve made major contributions to different industries that will change how we live. When combined, this triple threat works wonders for fleet management. They can gather tons of data, process it to find trends, and make recommendations that can result in optimizations that you couldn’t have identified otherwise. You can find the most efficient routes, reduce expenses, improve driver management, and enhance vehicle utilization.
Shared mobility, or mobility as a service (MaaS), has been a great propeller for passenger transit. It aims to replace personal transport with on-demand public transportation that reduces congestion and constraints in transport capacity. Commercial vehicles can use this to provide flexible goods delivery, achieve more efficient cargo usage, and enhance supply chain processes. Once there is an established platform, shared mobility can be properly exploited for a range of benefits.
Fleet management has a lot to expect as technology evolves. There are always new opportunities popping up when that can help improve operations, reduce expenses, streamline processes. Whether these are developed in-house or acquired from third-party entities, adopting these technologies will provide many benefits for your business.