Telematics Update: Expected growth for Fleet Operators as they Embrace Next-Gen Telematics Services

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Telematics Update’s Fleet & Asset Management Report has uncovered that FedEx will see an increase of nearly 30,000 units in service by May 2012. As the average truck uses $3,700 of fuel per idling, fleet managers need to make operational changes if they are to maximize profits from predicted growth in both existing and emerging markets.

Telematics Update has found the relationship between fleet operators and telematics service providers (who hold the key to cutting costs and maximizing efficiency) has become complicated by changing regulations, security issues and evolving technologies. This had resulted in an abundance of new telematics services and data . It is down to the telematics service provider to present this data in a fomat that can be easily interpreted by fleets so they can make operational changes.

Cyndi Brandt, Vice President of Marketing at Mobile Cast explains: “We know that people are really interested to find better ways to solve problems. The biggest trends that we see in our core markets are: how to I control more of my fuel spend, how do I really understand how drivers are driving the vehciles and what is the corresponding cost relative to how they’re driving? What we are seeing is, is that there is not one savior application, so what we are looking at is basically an ecosystem or slew of different entities that have come together to make this whole thing fly-to-drive adoption and build the business model.”

Inclusive of market trends, opportunities for growth and disruptive forces that will affect the market place, Telematics Update’s Fleet & Asset Management Report identifies the USPs telematics vendors must address in order to differentiate their products’ offerings and appeal to fleet operators’ needs.

The 140 page report includes topics such as:

  •     How OEMs are embracing next-gen tracking tech. to safe guard businesses for future development
  •     Statistics on market penetration growth rates (including emerging markets and units in service) to identify areas for growth
  •     Insight into govt. legislation to solve fleet managers’ regulatory concerns with bespoke telematics solutions
  •     Cases studies from Zurich, Travellers Inland and LoJack SCI to explain how telematics companies and insurers can form partnerships with fleets

This report was collated from direct conversations and interviews with fleet and other key players in the value chain to ensure it drills into the issues at the core of the fleet telematics industry. Experts from McDonalds, UPS, FedEX, John Deere, NXP, FleetMatics amongst others gave Telematics Update a first hand insight into their challenges, solutions and strategies.

The complimentary brochure includes the methodology, full contents and list of figures and research highlights. It's available to download via the website: http://www.telematicsupdate.com/fleet-report/index.php
This report really is the ultimate guide with market forecasts, strategy analysis & solutions to position your brand as a front-runner the automotive fleet telematics space.

Contact:
Charlotte Wright
Marketing Manager
Telematics Update
reports(at)telematicsupdate(dot)com
+44 (0) 2073757585

About Telematics Update:
Telematics Update is the reference point for automotive telematics, mobile and web industries and a cornerstone for communications within the industry. We aim to provide you with industry focused news, events, reports, updates and information. Working with you, Telematics Update aims to be the hub of the automotive, mobile & web community enabling dialogue throughout the industry and driving telematics forward. We want you involved - it's your industry after all - please get in touch if you think we can do even more.

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Charlotte Wright
Telematics Update
+ 44 (0) 207 375 7585
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