{"id":41823,"date":"2019-11-15T07:56:19","date_gmt":"2019-11-15T12:56:19","guid":{"rendered":"https:\/\/zenduit.com\/?p=41823"},"modified":"2025-02-05T13:21:40","modified_gmt":"2025-02-05T13:21:40","slug":"how-telematics-can-help-save-your-bottom-line","status":"publish","type":"post","link":"https:\/\/apps7.devmaverick.com\/newzenduit\/how-telematics-can-help-save-your-bottom-line\/","title":{"rendered":"How Telematics Can Help Save Your Bottom Line"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">When it comes to running a business, it\u2019s critical that you are continuously working to improve your bottom line. For many within the transportation sector, knowing exactly where you could be losing money or how you could be running your business smarter isn\u2019t always clear. That\u2019s why it\u2019s important to highlight how new technologies and innovations like telematics can do this for you through fleet safety, employee happiness, fleet efficiency, and regulation compliance.<\/span><\/p>\n<h2 style=\"text-align: center;\"><b>Telematics: What Is It And Why Should You Pay Attention To It\u00a0<\/b><\/h2>\n<p style=\"text-align: center;\"><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/0w3QgmI10sg\" width=\"600\" height=\"375\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h6 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Source: YouTube, Verizon Connect<\/span><\/h6>\n<p><span style=\"font-weight: 400;\">Telematics is a technology that focuses on gathering and storing critical data. Typically, the data that it collects is used to gain more information about a business or sector. Often, telematics systems are used within the transportation sector to better understand fleet and employee performance. In terms of demand, a recent <\/span><a href=\"https:\/\/www.alliedmarketresearch.com\/automotive-telematics-market\"><span style=\"font-weight: 400;\">Automotive Telematics Market<\/span><\/a><span style=\"font-weight: 400;\"> Report found that the global automotive telematics sector was reported to be worth approximately $50.4 billion in 2018, and is expected to grow to be worth $320.6 billion by 2026.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within truck fleets, this innovative technology focuses on monitoring driver behaviour, GPS information and vehicle diagnostic information. As the data is gathered, it is transmitted by cellular or satellite networks so it can be displayed on desktops and <a href=\"https:\/\/apps7.devmaverick.com\/newzenduit\/mobile-fleet-management-software-apps\/\">mobile apps<\/a> through fleet management services. The data is gathered periodically (typically every few seconds or minutes depending on the device and software provider) to increase the bottom line of companies.\u00a0<\/span><\/p>\n<h2 style=\"text-align: center;\"><b>How Telematics Can Be Economically Beneficial Within Fleet Businesses\u00a0<\/b><\/h2>\n<h4><a href=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-225605 size-full\" src=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic.png\" alt=\"telematics, fleets, compliance, eld, electronic logging device, automotive, truck\" width=\"900\" height=\"480\" srcset=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic.png 900w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic-650x347.png 650w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic-300x160.png 300w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic-768x410.png 768w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic-750x400.png 750w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/telematics-graphic-200x107.png 200w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a><b><\/b><\/h4>\n<p><span style=\"font-weight: 400;\">With so much data available, many automotive fleet companies are seeing positive trends that, in fact, result in increased profits.\u00a0<\/span><\/p>\n<h4><b>Increased Efficiency\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Since telematics technology automatically gathers mass amounts of data, it can better track driver behaviour. For many fleets, this means that drivers are more productive and diligent with their driving behaviours since they\u2019re being monitored. As a result, many fleet operators are using this data to better organize and schedule their team to reach maximum productivity and efficiency.\u00a0<\/span><\/p>\n<h4><b>Happier Employees<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Previously, fleet drivers would be required to physically complete driving logs to show how far they drove or when they arrived at a certain destination. For many, this was timely, tedious, and often susceptible to errors. With this process becoming automated by telematics technology, drivers no longer have the burden of completing this and can rest easy knowing their logs are accurate. Often, this leaves drivers happier as their work responsibilities are adjusted to better reflect priorities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, with data automatically being transmitted and drivers being compelled to meet regulatory standards, many have noticed an increase in employee satisfaction as well as employee retention since the working conditions are better! <\/span><span style=\"font-weight: 400;\">And we all know that happier employees result in less employee turnover, which is known to cost businesses thousands.\u00a0<\/span><\/p>\n<h4><b>Safer Conditions<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">As briefly mentioned, telematics technology encourages drivers to abide by regulatory standards. Meaning, fewer drivers are suffering from <\/span><a href=\"https:\/\/www.truckinginfo.com\/279716\/how-to-prevent-truck-driver-fatigue\"><span style=\"font-weight: 400;\">driver fatigue<\/span><\/a><span style=\"font-weight: 400;\"> as they\u2019re not driving over the defined <\/span><a href=\"https:\/\/apps7.devmaverick.com\/newzenduit\/zenscore-change-poor-driver-behaviour\/\"><span style=\"font-weight: 400;\">HOS<\/span><\/a><span style=\"font-weight: 400;\"> (<\/span><a href=\"https:\/\/laws-lois.justice.gc.ca\/eng\/regulations\/SOR-2005-313\/\"><span style=\"font-weight: 400;\">Hours of Service<\/span><\/a><span style=\"font-weight: 400;\">). This, resulting in safer road conditions as fleets can feel confident that their team is not overworked!\u00a0<\/span><\/p>\n<h4><b>Optimized Vehicle Performance\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Among the mass data that is gathered, telematics devices are collecting more information than solely driver behaviour. The devices also collect information on the vehicle being used. Many systems are able to monitor tire pressure, the temperature of the trailer and monitor the automobile for fault errors. Allowing for more concrete predictions in <\/span><a href=\"https:\/\/apps7.devmaverick.com\/newzenduit\/product-category\/maintenance\/\"><span style=\"font-weight: 400;\">preventative maintenance<\/span><\/a><span style=\"font-weight: 400;\"> so fleets can continue to run seamlessly.\u00a0<\/span><\/p>\n<h4><b>Limited Downtime\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">In addition to optimized vehicle performance, new technology is reducing the amount of downtime that vehicles are encountering. As mentioned briefly, many systems can monitor vehicles for their driving conditions which allow for better preventative maintenance to happen. This is due to telematics systems gathering data that can be translated and used to calculate when a truck may need to be serviced according to forecasts and historical data. Ultimately allowing for more work to be completed on a consistent basis as there are fewer incidents and breakdowns.<\/span><\/p>\n<h4><a href=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-225604 size-full\" src=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1.png\" alt=\"\" width=\"900\" height=\"562\" srcset=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1.png 900w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1-650x406.png 650w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1-300x187.png 300w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1-768x480.png 768w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1-750x468.png 750w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Scheduled-Maintenance-1-200x125.png 200w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/a><b><\/b><\/h4>\n<h4><b>Compliance Satisfaction\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Last but not least, the implementation of telematics technology means that your fleet is more likely to be compliant with regulations. When businesses are compliant with regulations, it ensures that there will be less capital required to pay any fines that may arise if your technology is not up to date. So, investing in telematics today can save you money in the long run.\u00a0<\/span><\/p>\n<h5 style=\"text-align: center;\"><strong>Attending <a href=\"https:\/\/www.geotab.com\/blog\/geotab-connect-2020\">Geotab Connect 2020<\/a> and want to learn more about how telematics is a growing sector? <\/strong><\/h5>\n<h5 style=\"text-align: center;\"><strong>Look out for our ZenduIT booth!<\/strong><\/h5>\n<p><a href=\"https:\/\/www.geotab.com\/blog\/geotab-connect-2020\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-225603 size-medium\" src=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-300x200.jpg 300w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-1000x667.jpg 1000w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-650x433.jpg 650w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-768x512.jpg 768w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-1024x683.jpg 1024w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-750x500.jpg 750w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1-200x133.jpg 200w, https:\/\/apps7.devmaverick.com\/newzenduit\/wp-content\/uploads\/2019\/11\/Platinum-Exhibitor-LinkedIn-1.jpg 1104w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<h5 style=\"text-align: center;\"><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to running a business, it\u2019s critical that you are continuously working to improve your bottom line. For many within the transportation sector, knowing exactly where you could be losing money or how you could be running your business smarter isn\u2019t always clear. That\u2019s why it\u2019s important to highlight how new technologies and [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":41844,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[180,185],"tags":[118,119,120,121,122,123,124,125,90,126,91,127,108,128,112,129,114,115,116,117],"class_list":["post-41823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-integrated-telematics-solutions","tag-data","tag-driver-behaviour","tag-efficiency","tag-eld-compliant","tag-employee-performance","tag-fleet-operators","tag-geotab","tag-hos","tag-fleet-management","tag-hours-of-service","tag-fleet-telematics","tag-telematics","tag-innovation","tag-transportation","tag-technology","tag-truck","tag-automotive-telematics-market","tag-business","tag-compliance","tag-connect-2020"],"acf":[],"yoast_head":"<!-- This site is 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