Digital transformation has become a top priority for organizations worldwide. Businesses across industries embrace a strategic approach to digital transformation and technology developments. In the automotive sector, there is a clear trend towards connected cars, Mobility-as-a-Service, IoT, and Big Data.
In the case of the fleet, whether it is a shipping and delivery enterprise, or a transport agency, managing a fleet can become a challenge for the business owners. This is because it includes a lot of complex functions such as managing the drivers, keeping a track of their journeys, ensuring their safety, managing the booking, and planning, and many more.
The key challenge that the fleet operators face is in handling multiple fleets manually while maintaining their service continuity. A comprehensive solution is the need of the hour at such times, to carry out fleet management seamlessly. Emerging technologies and digital solutions can be integrated into fleet operations to manage assets in the most cost-effective way.
Here are some ways in which digital transformation in automotive can help improve efficiencies and reduce spending for automotive fleet providers.
Data Visibility through Big Data
Using data in the most organized manner can bring revolutionary changes to fleet operations. Collecting data and analysing trends can help fleet managers make more informed decisions. With digitization, the data transferred from user actions can be easily tracked in real-time. This streamlines the data collection process and allows administrators to access and filter the relevant data. Visibility into the user data collected saves a lot of time for the fleet managers and reduces issues.
Fleet Tracking through Telematics
Telematics systems monitor vehicles by combining GPS with onboard diagnostic systems. It uses location data to not just track and monitor fleet, but to also provide details about driver behaviour, maintenance requirements, odometer updates and vehicle parts data. It alerts the car owner and driver in case of breakdown or need for maintenance, and gives collision notifications, thereby increasing their security. Vehicle telematics systems have the following benefits:
With the help of telematics, fleet managers can figure out real-time diagnostic levels and track where a driver currently is. They can also provide their customers with the exact location insights of the fleet.
Lower costs by leveraging technology
Managing costs is the prime concern in any business. In the case of the fleet, the most substantial costs are in vehicle maintenance, vehicle replacement, fuel costs, and driver wages. Previously, fleet managers would update all the costing and accounting manually in excel worksheets. Modern cost tracking and reporting solutions and software, aided by emerging technologies have made it easy for fleet operators and managers to deal with these tasks. These solutions lessen the burden of manual data entry and automate the tracking, reporting, and costing functions of the fleet. This saves a lot of time and efforts of the fleet operators and thereby saves costs.
Adopt Digitization to Streamline Fleet Management
Fleet management systems can help business owners in keeping track of their fleet, assets, and customers in an effective way. Gateway Digital is a technology and digital automotive partner using emerging technologies to streamline and automate processes for fleet, rental, and leasing businesses. With the right mix of digital transformation solutions, we solve the challenges of automotive players and support them in their growth journey.
Looking for a reliable fleet management system for your automotive business? Visit us at www.thegatewaydigital.com for more, or write to us at firstname.lastname@example.org.