Oyster Bay, New York - 14 Nov 2019
Commercial fleet managers from SMB’s to large enterprise are seeking effective technology solutions to enhance their operations and bottom-line results through data-driven insights and reduced risks to their rapidly evolving business. ABI Research, a global tech market advisory firm assessed the market from the end user’s perspective and found that over 60% of operators are planning to increase their investments in technology over the next year.
Adoption of targeted technology solutions allow fleets to track drivers, vehicles, and other assets including cargo in near real-time. Early commercial deployments of SAE Level 2 ADAS will provide easier and safer operations. It is expected that full autonomy will include electrification, which will also bring greatly reduced maintenance costs. Managers are also looking for predictive insights to better anticipate everything from at- risk drivers to unplanned vehicle downtime. “Asset utilization is a key driver of operational costs, which averages $1.74 a mile,” states Susan Beardslee, Principal Analyst, Freight Transportation & Logistics at ABI Research. Other costs with proven ROI solutions include safety and liability, idle time, and theft of cargo and fuel. Many fleets are in the midst of transitioning to an asset light model to better predict costs and enable both factory-fit telematics and newer technologies in-cab.
“No singular technology will address every need or provide the same benefit to every fleet,” says Beardslee. Over 60% of operators are planning to increase their investments in technology. “To succeed, they will need to develop greater knowledge of the fundamentals at a minimum and form trusted relationships with external experts. The ability to integrate and scale are major considerations, as well as taking a long-term perspective on fleet needs as well as provider capabilities and viability,” she concludes.
These findings are from ABI Research’s Fleet Operations: Trends and Key Drivers application analysis report. This report is part of the company’s Freight Transportation & Logistics research service, which includes research, data, and analyst insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific application, which could focus on an individual market or geography.
About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
About ABI Research
ABI Research provides actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today. ABI Research's global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors.
ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
Asia: +65 6950.5670