Going beyond track and trace, telematics in commercial vehicles is coming to associate with safe driving.
Commercial vehicle operators are no strangers to telematics. The days when the system was new and felt like it was from Mars with unique predatory qualities is behind us. Quite common in trucks and buses the world over, and in van fleets too, telematics, as a positive force, is leading to a safe drive. Offered as a factory fitment, or as a dealer fitment, and even as an aftermarket fitment, telematics in India is growing at a rapid pace in India. Expected to bridge the USD 113.7 million mark this year, with a CAGR of 22.8 per cent during the period 2013-2018, the telematics market in India has a good deal of its growth coming from the application in commercial vehicles. Typical application areas in commercial vehicles include passenger safety and security, customer relationship management, business services such as fleet management and tracking, and private services such as navigation support to passengers. With greater value chain coverage the key growth driver of telematics in the commercial vehicle industry, telematics is also enabling OEMs to differentiate themselves and capture opportunities beyond vehicle sales. Supporting activities like remote diagnostics, load detection and monitoring, performance analysis, order management and tacho management, telematics has come to touch all areas of the CV industry, may it be new vehicles sales, financial services, rental, spare parts sale, service and repair, fleet management and fleet operation.
This story is from the May 2018 edition of Commercial Vehicle.
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This story is from the May 2018 edition of Commercial Vehicle.
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