Find Out Why You Need to be Using Fleet Telematics

By: Quest Auto Leasing   |   20 Dec 2017
GPS Tracking

Whether you have a fleet of five delivery vans or fifty commercial trucks, running an efficient, cost-effective stable of vehicles is a top priority for all fleet managers. Keeping fuel costs in-check, repairs bills down, and ensuring your drivers are on the right routes and arriving to their destinations on-time are major responsibilities. We have good news for you though: fleet telematics is here to make your life a lot easier.  


Fleet telematics has revolutionized fleet management and it can do the same for your company. While it may be a fancy word, telematics gives you knowledge and resources to find ways you can run your fleet more efficiently.

 

Here’s all you need to know about using telematics:


What is Fleet Telematics?

Using GPS technology, fleet tracking systems process an enormous amount of data that is constantly being produced by a vehicle, or fleet of vehicles. Telematics monitors everything from the geographic routes your vehicle are taking, to fuel consumption and driver habits.

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“Fleet telematics is a way of monitoring the location, movement, status and behaviour of a vehicle within a fleet.”

- Fleetmatics.com


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Why is it Revolutionary?

As they say, the devil is in the details, and telematics gives you plenty of details. All of this information can be used to make your fleet more efficient and benefit your bottom line. As an example: with fleet telematics you can determine if there is a quicker route for your drivers to be taking to a common destination. This quicker route may allow you to not only cut time but save on fuel consumption. If your drivers are taking this route daily or even weekly, the savings in fuel can be significant over time.


What Industries Will Benefit?

That’s the best part—virtually all industries and companies can benefit from using fleet telematics. A few years ago, when fleet tracking systems were first available, only large companies could afford to adopt fleet telematics, but costs have come down dramatically so companies and fleets of all sizes can afford a fleet tracking system. Here at Quest, we can provide telematics systems for fleets of all sizes.

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“The take-up of telematics is still patchy among smaller companies. But there is a growing consensus among industry executives that, in five to seven years’ time, the technology will be an integral part of all vehicle fleets as costs fall…”

- Financial Times


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Using the Data

Fleet telematics is a game-changing tool for fleet managers, but it’s not enough to just have the data, you have to understand it and use it to your advantage. By dedicating time to knowing what information you have available, you will understand your fleet better and find ways to implement the right changes.
 

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“There is real power in data, which can serve as the catalyst for introducing significant and positive change throughout a fleet. But, analytics involves more than just having the data.”

- Automotive-Fleet.com


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If you’d like to know more about fleet telematics, contact the Quest team with any questions you may have. We provide telematics systems for companies throughout the GTA and we’ll be happy to do the same for yours.

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