Digital Transformation Makes for Reduced Risk in Fleets: Study

Survey data from a report published by Ridecell and ABI Research shows that while fleet managers have visibility into various data points such as how much fuel is used, the costs of labor and maintenance, fleet management systems are ineffective in helping fleet businesses to reduce costs and be more fuel efficient. “For the past several decades, connecting fleets has been the primary means of digital transformation for fleet-based businesses, enabling fleet managers with a better way to monitor and optimize their operations in real time,” says Mark Thomas, EVP of strategic alliances at Ridecell. “The survey with ABI research shows how companies with fleets have stalled out on their digital transformation initiatives and are reaching the limits of what can be done with connected and camera data. Fortunately, the survey also shows that many have come to understand that automation and keyless technology together promise to bring the next phase of transformation to their businesses. The responses in the survey show that there is awareness but lagging progress with the automation and keyless phases of technology adoption.” Key takeaways: 72% of fleet managers say that cost reduction (i.e., fuel, labor and maintenance) is one of the main benefits […]

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