Fleet management is a thriving industry around the world with massive potential in-store. Its contribution to the global economy is considerable, with estimates to increase drastically in the future as well. Many other industries are connected with the fleet industry, and they also grow with it. IT industry that provides fleet management software and other telematics solutions is one such example.
The transportation industry is also evolving with the introduction of new trends emerging every year. With the invention of new digital technologies, the scope of fleet management is widening. Let us discuss the top trends that will be prevalent in 2022.
Remote Fleet Management:
In fast-paced fleet operations, it is not possible to rely on a static monitoring mechanism. Managers need a way to monitor operations from any remote location. Due to this reason, more companies are relying on remote monitoring apps to check the various activities. The cross-platform mobile apps can be easily downloaded on Android as well as iPhone to monitor the operations.
Remote monitoring offers a broader management scope to the managers. They can communicate with their staff from anywhere they want to and provide necessary guidance. It allows better management of the tasks and results in better productivity.
Evolution of 5G Technology:
5G is an innovative technology that will influence a large number of global industries. It is estimated to reach speeds 20 times faster than 4G. 5G has already made it to the developed parts of the world. However, in the year 2022, it is likely to spread across the globe. The expansion of this technology will revolutionize the scope of fleet management software. They will become more efficient with automation taken to a whole new level.
With the data transmission in a split second, the communication between the individuals will happen much faster. Managers can send instructions to the employees in real-time with quicker responses enhancing the overall operational productivity.
Autonomous and Electric Vehicles:
Every business is moving from human expertise to technology reliance, and similar is the case with the automobile industry. The concept of self-driving vehicles used to be a far-fetched idea a few years ago, but now things are different. Autonomous vehicles have been tested successfully by many companies globally. Now, they are checking their feasibility to launch them around the world.
Electric vehicles are already operating in North America, Europe, and some parts of Asia. In the coming years, this technology is likely to expand in other parts of the world. Due to the ongoing climate change debate, it seems that electric vehicles are the future of transportation. Autonomous and electric vehicles will bring more automation and productivity to businesses.
Safety is one of the major points of concern for fleet operations. With advancements in fleet management system , we see a lot more emphasis on safety. Different techniques are introduced to prevent accidents and vehicle theft. Features like driver behavior, alarm systems, driver identification, geofencing, etc., ensure foolproof safety.
The modern monitoring systems offer real-time notifications about different activities. It helps managers to get updates every minute, enabling them to handle emergencies quickly. With insightful reports, you can identify the deficiencies in your operations related to safety and rectify them.
Focus on Data:
Have you ever heard the phrase ‘’Data is King’’? If not, I am doing the service and informing you about this reality. In fleet business, the reliance on data for planning and strategy has immensely increased. There are lesser managerial tactics involved in devising operational plans as everything is done based on data. It has removed the element of risk from the overall output of a business.
Different systems are used for the various operational areas of a business. Collecting data from these systems is a daunting task and poses a challenge in analysis. However, if all the data is integrated into one platform, it can conveniently provide valuable insights. Therefore integrated database is becoming a popular trend in the vehicle tracking industry.
With the invention of new techniques and technologies, fleet management software is becoming better every day. Managers can perform their job much efficiently and conveniently with the help of the latest technology. New trends in the industry will bring better productivity and profitability for the business, enhancing fleet management scope.