A Complete Guide to Maximizing ROI and Cutting Costs With Telematics

Fleet managers are consistently searching for ways to manage the costs of operating a fleet of vehicles while minimizing operating expenses and increasing profitability. It may appear a challenging goal to accomplish; however, there are many practical strategies that fleet managers can use.

The following are eight ways fleet managers can save money and maximize ROI.

5 Ways Autonomous Vehicles Will Impact Fleet Management

The sleek, futuristic, driver-less Batmobile is no longer a thing of science fiction.

In 2015, the Audi A7 drove 550 miles by itself; in 2016, Olli, the autonomous minibus, was released on the streets of Washington DC and a few selected Pittsburg Uber users got to test their self-driving on Ford Fusion. Thirty-three groups of auto brands and tech giants are involved in this industry, with Google, Apple, and Tesla looking to deploy fully driverless level 5 (L5) autonomous vehicles well within the next decade.

How to Detect Bad Driver Behavior and Reduce Risk

Telematics is a useful fleet management tool that can track and detect bad driver behavior. But does the “big brother” perception turn you off? Why are so many companies deploying this tool and why has the usage of telematics become commonplace? When evaluating the management of your fleet the most important issue is not cost. It is risk. Telematics is a tool that helps to manage and reduce risk. It’s also evolving and incorporating new devices, technologies, and metrics. Dashboard cameras, driver feedback in real time, and competition around driver safety are not the future. They are here today.