Commercial Vehicle Telematics
Telematics is very much the cornerstone of efficient logistics and fleet management solutions. High fuel prices and increased global competition coupled with technology advancements in the form of mobile connectivity have created huge opportunities for innovation in this market, especially for high growth markets in Asia.
Amongst the key drivers for change in this market are greater governmental mandate in terms of safety compliance mandates, road infrastructure constraints, driver monitoring, and insurance telematics. The ability for a company to be successful in this market will be dictated by their ability to embrace scalable SaaS based platforms, standards, and new business models.