Vehicle telematics is a fairly new concept that is gaining popularity and traction among numerous companies and industries, who are quickly realising the untold benefits that accrue through broad use of this technology.

However, are you actually aware of what telematics is? Do you know exactly how it works and why it will add value to your business?

Read below to find out more:

What is telematics?

Telematics does not only apply strictly to the vehicle industry. Broadly speaking, it is an interdisciplinary field that encompasses vehicular technologies, road transportation, road safety electrical engineering, telecommunications and computer science.

What is vehicle telematics?

Vehicle telematics specifically relates to the convergence of telecommunications and information processing in vehicles. Within this offering, there are intelligent features that include GPS navigation, wireless safety communications and tracking. Vehicle telematics is commonly used by companies with large fleets as part of fleet management solution.

What value does modern fleet telematics add to companies?

In the modern business world, it is essential to adopt the latest technologies that will give your company an advantage. For companies with a large fleet of vehicles, it is particularly important to use telematics owing to the numerous benefits that this technology adds.

Some of these benefits include:

  • The analysis of routes and the timing of journeys can be monitored, thereby providing the means for managers to modify them in order to save time and money
  • You’ll get detailed reports about driver behaviour which will allow you to implement remedial action that improves driver safety and reduces unnecessary costs
  • Receiving telematics data relating to actions such as speeding, harsh turning, idling and unnecessary acceleration will allow you to make intelligent decisions regarding driver training
  • You can identify the cause of fuel wastage and theft as well as breakdowns and take appropriate actions to curb these occurrences
  • By actively demonstrating to insurers that you are achieving higher levels of safety in your fleet, you can motivate for reduced premiums

What does the future hold for vehicle telematics?

Vehicle telematics is here to stay and it will soon become an integral part of every vehicle fleet, particularly as costs begin to fall and manufacturers begin to achieve economies of scale. From this point on, the technology related to vehicle telematics will only become more sophisticated, prevalent and effective.

If you don’t want to be left behind and are looking for a comprehensive and service-centric fleet management solution, look no further than Cartrack Nigeria. Contact us to find out more.