The biggest takeaway is that shifting to telematics won’t be as tricky as it was in the past because the network infrastructure is finally here.
Thanks to the pandemic, telematics has become mission-critical to the automotive and fleet industries. New trends coming down the pipeline for 2022 promise bigger, stronger connectivity that these industries can rely on to manage disruption and ensure security.
What’s spurring telematics?
Telematics is a combination of computer science, telecommunication, and vehicle technology. It’s helping companies with distributed operations in fleet management track their large vehicles and create more efficient operations. There are two massive drivers for adoption.
The pandemic has accelerated digital transformation
Digital transformation happened on all fronts, whether companies were ready or not. The disruption in services and the economy taxed even the thinnest margins, so companies needed new ways to put data into motion for real-time decision-making. Forecasting wasn’t enough.
Companies needed ways to reduce costs without affecting performance. A few years ago, a study showed that a majority of fleets easily recouped their investment in telematics. Today, rapid advancements could make those monetary advantages even more distinct.
The 5G rollout enables even more connectivity
5G will also help spur advancements and the adoption of telematics. Vehicle devices like IoV (Internet of Things for Vehicles) can help streamline fleet management without adding massive processing to the list.
IoV and 5G enable:
- efficient order and shipment tracking
- mileage reporting and compliance documentation
- improved fuel consumption
- greater control over routing while in the field
- overall reduction in emissions thanks to better management of entire fleets
With lower latency, more significant bandwidth potential, and connectivity right from a smartphone even to more remote locations, 5G opens a new world for monitoring.
