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Forbes
10 hours ago
- Automotive
- Forbes
From Tracking To Intelligence: The Next Leap In Fleet Digitalization
Aliaksandr Kuushynau is Head of Wialon at Gurtam, a fleet digitalization software company that connects 4 million fleet vehicles worldwide. Let me start with a cliché: Not long ago, we lived in a very different world. When shipping goods, we had no idea exactly which route the driver would take or how long the trip would last. If a delivery was delayed, the only way to get answers was a dispatcher's call to the driver—assuming, of course, there was network coverage in the area. And when it came to managing drivers, trust—simple, blind trust—was often the only system in place. But then came GPS tracking. Having worked in the fleet management industry for over 15 years, I can say that GPS tracking didn't just change how fleets operate—it redefined the very meaning of fleet management. It was the long-awaited breakthrough that made some operations visible, measurable and—perhaps for the first time—digital. Taxi businesses and food delivery services were among the first to adopt GPS tracking (and, in my view, they're still leading the way when it comes to embracing new telematics technologies). Then, other businesses followed—ones where knowing the location of assets also made a difference: logistics providers, security companies, construction firms, vehicle rental services, farms and many others. Soon enough, it became clear that nearly everything could be, and was, tracked. And surprisingly, we didn't mind. GPS trackers became increasingly accurate, while GPS monitoring systems grew more capable and multifunctional. Technology evolved in step with market demand, and the market wanted it all: reliable hardware, deeper visibility into fleets and drivers, flexible configuration and instant cost savings. One by one, fleet management system developers started providing a wide range of powerful solutions for businesses: driver behavior monitoring, fuel and maintenance management, video telematics and more. These tools enabled the digitization of key operations and began delivering real results—including improved driving behavior, reduced fuel consumption, theft prevention and, ultimately, optimized operating costs. As one of those software providers, we told businesses: 'We want you to cut costs and grow—just start using new technologies.' But not every business was ready to take that step. As the systems became more advanced, so did the cost and complexity of implementation. With that came something few businesses welcome: a delayed return on investment and more time required to integrate new tools. First of all, there's a natural reluctance to invest in technology when the return isn't immediate. Fuel sensors and dashcams obviously aren't free, and neither is the development of advanced software features. The fear that the investment might not pay off makes some fleet owners pause. The second reason is time. It does take time to understand and start using new features. Telematics and fleet management service providers aim to fill this gap, acting as both the head and hands of business transformation. But not all providers emphasize the true business value of advanced features—many still focus primarily on basic GPS tracking. And not all tailor their solutions to the specific needs of each business. To address the financial concern, proven, relatable case studies that clearly demonstrate the impact of new technologies tend to work well, especially when the example comes from a similar business in the same region. We hear that fleet managers are saying, 'I want the same,' which is a great sign. To help service providers become more targeted and relevant to different industry needs, the most effective approach includes ongoing education on advanced features, hands-on support during the first implementation and encouragement to think beyond standard offerings. It's a gradual process, but in many cases, it's already producing positive results. Despite the slow but steady adoption of new technologies across the industry, a significant—and growing—gap remains between tech-forward companies that have embraced innovation and those still hesitant to move beyond basic GPS tracking. The frontrunners have a powerful advantage: data. By making the most of their fleet management systems, they start accumulating valuable data about their vehicles, personnel and operations—insights that are nearly impossible to capture manually. Armed with this information, these companies can spot patterns, identify seasonal trends, make accurate forecasts and scale their business with confidence. For them, data isn't just a resource—it's a strategic engine powering smarter decisions and long-term growth. 'Can our business boost productivity without adding headcount?' 'How much can I save by servicing vehicles preventively instead of waiting for a breakdown?' 'What does equipment downtime really cost—and what's the profit potential of avoiding it?' These are the questions data-driven fleets are equipped to answer—and act on. Meanwhile, businesses that remain on the sidelines risk falling further behind, missing out on the efficiency, agility and foresight that only data-backed strategies can deliver. So, here's what I wanted to highlight: We've already come a long way from blind trust. At first, it was about simply knowing where our vehicles were. Now, we have the opportunity to understand how the entire fleet operates—and more importantly, how it can operate better. The tools are here. The data is available. And yes, I'll say it again: 'We want you to cut costs and grow—just start using new technologies.' And hopefully, you want the same. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Yahoo
13-05-2025
- Automotive
- Yahoo
Fleet Management Software Markets and Competition Assessment, 2025-2029 & 2034, Featuring AT&T, Intel, IBM, Cisco Systems, ZF and More
Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Fleet Management Software Market Report 2025" has been added to report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The fleet management software market size has grown rapidly in recent years. It will grow from $24.04 billion in 2024 to $28.24 billion in 2025 at a compound annual growth rate (CAGR) of 17.5%. The growth in the historic period can be attributed to demand for autonomous and electric vehicles (EVs), real-time monitoring, predictive maintenance, the rise of mobility-as-a-service (MaaS), and increasing fleet management software market size is expected to see rapid growth in the next few years. It will grow to $53.16 billion in 2029 at a compound annual growth rate (CAGR) of 17.1%. The growth in the forecast period can be attributed to the digitization of vehicles, cybersecurity concerns, safety and security, regulatory compliance, and customer expectations. Major trends in the forecast period include global positioning systems, mobile communications, driver monitoring systems, behavior analytics, mobile and cloud-based fleet management solutions, artificial intelligence and machine learning, and IoT fleet management software market is primed for expansion, driven by the rapid proliferation of e-commerce activities on a global scale. According to data from the U.S. Census Bureau released in February 2024, total e-commerce sales in the US surged to $1.11 trillion in 2023, marking a notable 7.6% increase compared to the preceding year. E-commerce sales accounted for 15.4% of total sales in 2023, underscoring its significant influence in driving the growth of the fleet management software players in the fleet management software market are placing considerable emphasis on developing advanced technological solutions to cater to the evolving demands of the industry. Bridgestone Americas introduced Azuga Fleet Management Solutions on AWS Marketplace in August 2023, offering fleet customers convenient access to comprehensive tracking and video recording capabilities. This initiative streamlines the procurement and deployment processes, aligning with Bridgestone's commitment to fostering trust among customers and driving effective management December 2023, Komatsu Ltd. bolstered its fleet management technology offerings through the acquisition of iVolve Holdings Pty Ltd. This strategic maneuver enriches Komatsu's suite of solutions tailored for the construction and mining sectors, complementing existing offerings such as smart construction and smart quarry applications. iVolve Holdings Pty Ltd., headquartered in Australia, specializes in fleet management software, further solidifying Komatsu's position as a frontrunner in delivering innovative solutions for optimizing fleet operations in industrial America was the largest region in the fleet management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fleet management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the fleet management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Report Scope Markets Covered:1) By Type: Operations Management; Vehicle Maintenance And Diagnostics; Performance Management; Fleet Analytics And Reporting; Other Types2) By Deployment: On-premises; Cloud3) By Fleet Type: Commercial; Passenger Cars4) By End-Users: Manufacturing; Oil And Gas; Transportation And Logistics; Construction; Chemical; Energy And Utilities; Retail; Other End-UsersSubsegments:1) By Operations Management: Route Planning And Optimization; Dispatch Management; Driver Scheduling And Monitoring2) By Vehicle Maintenance And Diagnostics: Preventive Maintenance; Diagnostic Tools And Alerts; Maintenance Scheduling And Reporting3) By Performance Management: Driver Behavior Monitoring; Fuel Management; Fleet Efficiency Tracking4) By Fleet Analytics And Reporting: Real-Time Fleet Tracking; Data Analytics And Dashboards; Reporting And Compliance Management5) By Other Types: Asset Management; Inventory Management; Fleet Safety ManagementKey Companies Profiled: AT&T Inc; Intel Corporation; International Business Machines Corporation; Cisco Systems Inc; ZF Friedrichshafen AGTime Series: Five years historic and ten years Ratios of market size and growth to related markets, GDP proportions, expenditure per Segmentation: Country and regional historic and forecast data, market share of competitors, market to Purchase: Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies. Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency. Create regional and country strategies on the basis of local data and analysis. Identify growth segments for investment. Outperform competitors using forecast data and the drivers and trends shaping the market. Understand customers based on the latest market shares. Benchmark performance against key competitors. Suitable for supporting your internal and external presentations with reliable high quality data and analysis Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis. All data from the report will also be delivered in an excel dashboard format. Key Attributes Report Attribute Details No. of Pages 200 Forecast Period 2025-2029 Estimated Market Value (USD) in 2025 $28.24 Billion Forecasted Market Value (USD) by 2029 $53.16 Billion Compound Annual Growth Rate 17.1% Regions Covered Global Some of the major companies featured in this Fleet Management Software market report include: AT&T Inc Intel Corporation International Business Machines Corporation Cisco Systems Inc ZF Friedrichshafen AG Oracle Corporation LeasePlan Corporation N.V Zebra Technologies Corporation Garmin Ltd Trimble Inc FLEETCOR Technologies Inc Holman Automotive Inc Element Fleet Management Corp Verizon Connect Geotab Inc TomTom Telematics BV Omnitracs LLC Samsara Inc Teletrac Navman Orbcomm Emkay Inc Wheels Inc MiX Telematics Ltd Lytx Inc Magellan Navigation Inc Masternaut Limited Fleetio GPS Insight Avrios Quartix Ltd For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
