Skip to main content

Commercial Telematics Apps Help Fuel IoT Growth

The growing applications for the Internet of Things (IoT) within the commercial vehicle marketplace has reached an inflection point where numerous benefits are increasing adoption. New eCommerce shipping logistics optimization apps are just the beginning.

The commercial telematics industry is now primed for growth in the next five years, especially in the enterprise and SMB segments, with players such as Telogis and Fleetmatics leading the way in these respective verticals in the United States market.

According to the latest market study by ABI Research, it's just a matter of time before the first vendor exceeds one million vehicles under management -- with Fleetmatics having set a target of 1.2 million subscriptions by 2020.

"We are witnessing the emergence of a very dynamic ecosystem characterized by cut-throat competition, aggressive marketing, mergers and acquisitions galore, and high levels of equity investment with high expectations about quick returns," said Dominique Bonte,  VP and GM at ABI Research.

This results in accelerating awareness about the many benefits of commercial vehicle telematics far beyond the traditional asset tracking, diagnostics and fuel saving paradigms.

Technologies such as onboard diagnostics (OBD) dongles and Cloud or SaaS solutions linked to hardware agnostic approaches leveraging third party application developer ecosystems on smartphones and ruggedized tablets are critical growth drivers.

They allow vendors such as Telogis, PeopleNet (Trimble), Astrata, Zonar, CalAmp and Geotab to cost-efficiently address wide ranging requirements across a large number of segments -- including the growing commercial vehicle OEM opportunity.

ABI believes that optimized routing and truck-based navigation capabilities enabling low-cost delivery are becoming critical assets for addressing exploding eCommerce retail models, goods distribution and work flow management.

However, while telematics increasingly empowers the knowledge worker, new smart mobility paradigms are already appearing on the horizon, threatening to disrupt the status-quo with autonomous trucks and self-driving taxis expected to redefine the role of the driver or even removing it completely.

Finally, commercial vehicle telematics and fleet management solutions are no longer mainly confined to the United States and Western Europe -- with China, Southeast Asia, Africa and the Middle East, and Eastern Europe representing new opportunities for both local and foreign vendors.

Popular posts from this blog

Mobility-as-a-Service Creates Disruptive Travel Options

Building on significant advances in big data, analytics, and the Internet of Things (IoT), more innovative transit service offerings aim to increase public transport ridership and reduce emissions or congestion within metropolitan areas. By providing these services through smartphone apps, the transit services also significantly increase user convenience, providing information on different human mobility offerings -- including public transport, ridesharing, and autonomous vehicles. Mobility-as-a-Service Market Development According to the latest market study by Juniper Research, Mobility-as-a-Service (MaaS) subscribers will generate $53 billion in revenue for MaaS platform providers by 2027 -- that's rising from $5.3 billion in 2021. Let's start with a basic definition. MaaS is the provision of multi-modal end-to-end travel services through single platforms, by which users can determine an optimal route and price. The study identified a monthly subscription model as key to incr

Robocall Mitigation Solutions to Halt Criminal Threats

If you answer the phone and hear a recorded message instead of a live person, it's likely a robocall. A robocall is a phone call that uses a computerized autodialer to deliver a pre-recorded message. In 2020, the U.S. Federal Trade Commission (FTC) received 2.8 million consumer complaints about robocalls. Offering solutions to robocalling and associated fraudulent business practices, computerized mitigation platforms are an integral part of the solution. Platforms that are focused on actionable systems to disrupt unsolicited and potentially criminal phone calls help telecom service providers and industry regulators. Issues of whether one-size-fits-all developments are sufficient to be effective across the spectrum need to be addressed, and whether a single telecom network operator working unilaterally with a third-party platform could compromise desired or mandatory industry-wide standards. Robocall Mitigation Market Development According to the latest worldwide market study by Jun

Secure Digital Workspace Apps Enable the Future Enterprise

In early 2020, as the world responded to the COVID-19 pandemic disruption, many organizations were forced to rapidly transform their communications networks and IT infrastructure to support an unprecedented shift to remote work. Before the pandemic, approximately 38 percent of employees were remote full-time or had a flexible work arrangement where they split time between home and office locations. During the pandemic, the percentage of remote workers that CIOs had to support reached almost 72 percent. Future Enterprise Technology Market Development Enterprise leaders have been forced to adapt to a new state, shifting from traditional office-based operations to distributed workforce environments that must still provide the same level of connectivity, security, and efficiency across the organization. According to the latest worldwide market study by International Data Corporation (IDC), addressing connectivity across geographies and transforming networks to become more virtual and agile