Top 5 Trends of the Telematics Industry

The telematics industry has been growing rapidly in the past years. There is a huge demand for intelligent telematics solutions which deliver safety at reduced expenses. Telematics is an innovative industry that integrates computer science, telecommunication, and electrical engineering. It is helpful for various businesses like transport, logistics, delivery services, etc. The new fleet management systems are also based on the concept of telematics. It can act as a monitoring solution for businesses to run their systems with efficiency.

Here are top 5 trends in the telematic industry:

1. Deeper Data Security

Telematics operations function with the help of data processing. There are several areas included in the functioning of telematics and a large amount of data is generated from various origins. Data is the essence of fleet monitoring operations. From GPS tracking to sensors, there is a lot of data to be processed. Data management supports strategic management and includes upskilling in IT for the adoption of different roles. It's crucial to select a tracking solution which has a strengthened platform for managing data.

2. Mobility-as-a-Service (MaaS)

Mobility-as-a-service is a mechanism that centralizes digital channels to deliver various kinds of mobility assistance. With the improvements in telematics technology, the comfort level in MaaS operations is on the surge. There is a massive demand for MaaS around the world. Mobility-as-a-Service (MaaS) is anticipated to grow in trend as it enables fleet managers to customize their services and change direction from the conventional approach. MaaS will benefit fleet managers in reconsidering their fleet management procedure, and by adopting vehicle sharing, they can reasonably operate idle vehicles and delivery services, manage budgets and decrease their carbon footprint.

3. 5G Technology

The vehicle management devices are entirely based on data sharing. Different types of equipment transfer data to the central networks through data integration and the transfer rate relies on the internet speed. The 5G technology is an outstanding extension of fleet management software. 5G gives fast network speeds and improved capacity in comparison to 4G. These elements will result in stronger Vehicle-to-Everything (V2X) transmission, strengthened predictive analytics and better innovative vehicle tracking and data assortment in a fleet management class.

4. Remote Accessibility

Due to the ongoing pandemic situation, it has become even tougher to depend on a static monitoring technique. This is where 24/7 remote fleet monitoring comes into the game by assuring great productivity and profitability for the company. Remote tracking is the current necessity of fleet management techniques. In fast-paced operations, it is difficult for supervisors or managers to sit in front of a screen just for monitoring. So, a remote controlling mobile application or device can be beneficial for this concern. This is a modern and innovative technique to monitor the productivity of the fleet and manage responsibilities from a distance. It is a perfect solution for fleet companies to monitor the operations of their fleet by sitting far from the location.

5. Vehicle-to-Infrastructure (V2I) Technology

Vehicle-to-infrastructure technology is generating a buzz in the transportation industry. This technology enables vehicles to communicate with each other and also with the local infrastructure with the help of a Wireless Local Area System. This is a communication model that transmits data between vehicle and road infrastructure networks. It operates with the assistance of two-way links between vehicles and the roadside infrastructure. From bad weather conditions, problematic roadwork, traffic lights, road signs and lane marking to vacant parking spaces, this technology can update the drivers about everything. It enables the drivers to be aware of the road conditions for ensuring efficiency and security.

If you want to learn more about the latest technologies in the telematics industry, we at MotionTrack can assist you. Contact us now!