How fleet tracking technology exceeds customer expectations
Discover the key points of the Fleet Technology Trends Report 2023 and how fleet tracking technology exceeds customer...
Read moreThis year, more than 1,300 fleet professionals participated in the Verizon Connect Fleet Technology Trends Report Europe 2023, 150 of them were Irish fleet managers and mobility experts. Their responses yielded powerful insights that fleets can use to improve their operations, including these three emerging fleet trends.
Trend #1: EV adoption is happening
According to the Fleet Technology Trends Report Europe 2023, fleets are increasingly adopting electric vehicles. In fact, in Ireland, the increase in the adaptation is remarkable with 34% of fleet respondents using them in 2022, 21% percent more than the previous year.
A major barrier to EV adoption for many fleets is a lack of charging infrastructure. Even though fleets may have found EVs desirable due to reduced emissions and the low cost of powering them, without charging stations along their routes it simply wasn’t feasible.
But soon, this could all change.
Some of the challenges to boost EV deployment implies establishing EV charging infrastructure, making EVs more accessible for fleets in the future. It will take time for this infrastructure to expand, but now is the time to start planning.
It’s therefore important for fleets to take a thoughtful approach to EV adoption. For example, telematics can help:
Trend #2: Fighting false claims with video
Fleets know all too well that their vehicles are moving targets for false accident claims. Unwarranted claims can be incredibly costly, especially if the case goes to court.
AI dashcam video solutions give fleets the best tool to protect themselves from false claims and the costs that come with them. Armed with video footage of both the inside of the cab and outside of the vehicle, fleets have indisputable evidence to exonerate drivers and protect their business from false claims.
Among users of video solutions in Ireland, 75% found them “extremely” or “very beneficial”. The top goals achieved through use of video technology included:
Many also realised a return on investment sooner than they might have expected, thanks to adopting a video solution.
To find out more about their ROI and what else fleet managers achieved by using video technology, download the Feet Technology Trends Report Ireland 2023.
Trend #3: Using asset tracking to enhance equipment and trailer performance
Asset tracking helped businesses in Ireland to improve strategic KPIs with 90% of them stating that they improved equipment and trailer utilisation.
Also, 74% of respondents using the technology considered it “extremely” and “very useful” to their businesses.
Asset tracking uses GPS to provide fleets location information for heavy equipment, trailers and high-value assets. It also provides valuable data such as:
Asset tracking helps fleets achieve goals related to productivity, utilisation and security, which could explain the rise in adoption. Respondents reported improved:
Fleets are also using GPS asset tracking to better utilise their valuable assets in order to meet customer demands and cut costs.
Download the Fleet Technology Trends Report Ireland 2023 to find out what else survey respondents achieved with asset tracking and how quickly they saw an ROI as a result.
Discover more trends in vehicle telematics to advance your fleet
Access the full report to uncover even more ways fleets are using technology to overcome business challenges, achieve their goals, improve operating efficiency and drive down costs.
Tags: Cost control, Customer service, Data & analytics, Productivity & efficiency, Safety, Team management
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