Vehicle telematics changes the future of business

Vehicle telematics changes the future of business

In the current era, rising fuel prices, upcoming carbon emission laws, and tighter road-safety rules are all elements that corporate executives must consider. According to JW Oberholzer, Senior Manager for Commercial Sales at Netstar, an Altron subsidiary, “the smart money is on using technology to reimagine the future of mobility.”
We no longer have to rely on interpretation thanks to technological advancements. Telematics data collected from vehicles and fleets may now be exchanged and shared in real time because to the increasing usage of cellphones, tracking devices, sensors, and vehicle software.
This information can be utilized to safeguard and improve the lives of people. It has the potential to reshape the way we do business as well.
Because mobile phones are so common, data collected from vehicle sensors and other telematics technologies may be accessed, evaluated, and utilized by customers and employees on the go.
Mobile communication is the new norm, according to National Small Business Chamber (NSBC) CEO Mike Anderson, who recently stated that communication is increasingly focused on mobile technologies, from engaging with your workers to reaching your consumers. The way we communicate is changing dramatically as a result of mobile devices and mobility.
This pattern is only predicted to continue. As we progress towards a more connected world, our reliance on vehicle telematics is likely to expand rapidly.
Keeping up with rising fuel prices
The sharp rise in fuel prices, we can all agree, is something that impacts us all. South Africa has seen a 41% growth in the last year alone. And, given the present dispute between Russia’s oil behemoth and Ukraine, these expenses are expected to climb further.
Data collected from corporate vehicles can provide unique insights into efficiency practices and solutions that could help your fleet save money on gas, such as improving driver behavior, reducing idle time, incorporating speed limiters, and identifying fuel theft.
Carbon footprint reduction
Businesses can minimize carbon emissions and improve their overall sustainability by using telematics to inform fuel-efficient products and reduce overall petrol usage. Several telematics companies also give carbon-trading credits and other tools to help you achieve a carbon footprint that is neutral – or even regenerative.
Enhancing highway safety
Telematics not only improves efficiency, but it also improves driving safety. The latest figures on road safety in South Africa show how dangerous the roads can be for drivers, passengers, and pedestrians. According to the Department of Transportation, monthly accidents have increased by 75% year over year.
“With recent road fatalities in South Africa on the rise, particularly those involving trucks, fleet owners should consider telematics as part of an overall safety and accident prevention strategy,” says Arnold van der Linde, Executive Chairman of IntegriSure.
“Corporations can utilize telematics to not only track behavior, but also to assure the safety of their drivers, their loads, and other road users.” Any potential issues, such as brake failure, excessive speeding, or broken parts, can be detected and corrected, preventing fatalities.”
Sharing telematics data between vehicles and third parties can also help to improve traffic flow, manage congestion, create safer routes, track infringements, and reward good driving behavior.
To minimize expenses, enhance efficiency, and stay in complete compliance with government rules, an increasing number of enterprises and fleet owners are recognizing the necessity to monitor activities on the road. Telematics is an important part of making driving more efficient, safer, and environmentally friendly.