connected fleet report 2014 - 5 minute findings

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Connected Fleet report 2014 21/03/2022 www.telematicsupdate.com Twitter: @TelematicsUpdte #TUnews 1 Analysis of the industry trends, vehicle fleet needs and development of the fleet telematics market

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Page 1: Connected Fleet report 2014 - 5 minute findings

Connected Fleet report 2014

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews1

Analysis of the industry trends, vehicle fleet needs and development of the fleet telematics market

Page 2: Connected Fleet report 2014 - 5 minute findings

Connected fleet services, 2013

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews2

Currently, Asset tracking is the most valuable connected service for fleet in 2013, followed by stolen vehicle recovery and routing.

Page 3: Connected Fleet report 2014 - 5 minute findings

Telematics service priorities, 2013

Suppliers today are focusing heavily on asset tracking and route management, where it

is possible to show operational efficiencies and increased revenues from smarter

working.

However, fleet managers are focusing heavily on driver behavior, driven in part by

legislation but also because here too there are savings and business opportunities.

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews3

There is a disconnect between the functions telematics service providers believe are the most valuable in 2013 and the technologies fleet managers need.

Page 4: Connected Fleet report 2014 - 5 minute findings

Connected fleet services, 2014-17

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews4

Providing driver behavior data will be the most valuable connected service in the future, although tire pressure and predictive maintenance will be important.

Page 5: Connected Fleet report 2014 - 5 minute findings

Fleet telematics growth markets

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews5

The majority of United States based telematics executives are confident that the US will experience the greatest growth in 2014.

Page 6: Connected Fleet report 2014 - 5 minute findings

Fleet telematics product launches, 2014

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews6

46% of United States based telematics executives surveyed will be launching a major fleet telematics product in 2014.

Page 7: Connected Fleet report 2014 - 5 minute findings

Trucking fleet telematics expenditure

22% of solution

procurement executives

within Trucking fleets

have budgets

exceeding $500,000 to

spend on telematics in

the next 12-18 months.

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews7

44% of trucking executives have budget to spend on fleet telematics in the

next 12-18 months.

Page 8: Connected Fleet report 2014 - 5 minute findings

Industry reviews

“Successfully understanding the financial drivers, risk management benefits and positive economic impact of telematics can be difficult with the competing growth of smart devices and the maturation of the installed device vendors. This report clearly summarizes the trends and emerging economic forces propelling the industry forward. I recommend it to any Commercial Insurance executive considering an investment in the development of a Usage Based Insurance product.”

- Chris Carver, product Management, Liberty Mutual

“The preeminent report on the telematics fleet industry today. It provides in depth knowledge regarding everything from fleet telematics to UBI. The interviews and quotes from industry experts as well as fleet managers sets this report apart from others. Engaging and full of knowledge, this study is a must read for anyone involved in the telematics and fleet industries.”

- Nicholas Ehrhart, VP of Business Development, Donlen Corporation

18/04/2023www.telematicsupdate.com

Twitter: @TelematicsUpdte #TUnews8

The Connected Fleet report 2014 was reviewed by industry experts, two of their reviews are shown below: