Fleet management has advanced into a multi-billion industry in recent years. Above all, the fleet management business is expanding and obtaining considerable strategic significance in the world of mobility. Although the fleet industry has been around for a while, novel technology has made it way more competent.
The rising demand for fleet management has majorly stimulated fleet management companies' development and profitability in recent years. And 2020 will not be an exception. As more players penetrate the market, it is becoming essential to stay aware of the most recent fleet trends. Besides, the 5G network's augmentation allows self-driving cars to render split-second decisions, making them safer. These cars can also connect to street lights, other vehicles and even react to any traffic problems. Telematics is also spreading across the fleet management arena as it facilitates fleet managers to assess diagnostics levels in real-time. From a customizable dashboard, fleet operators can observe where their drivers are in real-time, the health of their vehicles, and ensure their employees are driving safely. Also, fleet management software will gradually incorporate voice capabilities, robust data analytics, and Artificial Intelligence (AI). In short, these incorporations will assist fleet owners in communicating smoothly with other stakeholders, like managers, employees, and customers. Perhaps the most fascinating fleet management trend is the growing capabilities in autonomous vehicle (AV) technology. At present, the technology of vehicle automation is no longer restricted to the R&D drawing boards. All credit to cutting-edge localization technology like GPS tracking, Wi-Fi, and 5G, a rising number of fleet vehicles will start getting connected on the virtual cloud through data sharing and consistent communication. Apart from this, better data security will help encourage fleet vehicle operators' confidence to make better decisions to strengthen the operational efficiency of the fleet business.
Logistics Tech Outlook’s editorial board has assessed and shortlisted a number of the foremost prominent organizations within the fleet management solution providers industry. We hope this issue of the Logistics Tech Outlook helps you build the partnership you and your firm need to foster a technologically-driven learning environment.
We present to you Logistics Tech Outlook’s “Top 10 Fleet Management Solution Providers - 2020.”