Prime Mover Magazine

Total control with telematics technologies

Total control with telematics technologies

Telematics technologies are not new to Australia’s transport industry and continue to bring more transparency to the market. But with the growing amount of data available also comes a need for tools that can help make sense of it all.

The 2014 International Truck, Trailer & Equipment Show (ITTES) again proved to be a key measure to evaluate which technology is most likely to shape the future of Australia’s commercial road industry.

Next to legislation-driven advancements in braking technology and lightweight design, three organically grown technology trends emerged in Melbourne – freight tracking, fuel efficiency and fleet management. All three future growth areas can be monitored using a modern telematics system – effectively making remote control technology the hottest topic of 2014. 

“Given the prevalence of tracking technology on Show, it’s safe to say that the telematics trend has finally reached critical mass in Australia as well,” Show Director, Clint Hendry, told Prime Mover.

According to Hendry, the latest ITTES was the perfect occasion for industry to showcase that next-generation control systems – allowing for automatic vehicle identification, instant fleet management, incident detection and hours-of-service control – can help transport businesses react to growing compliance pressure and increase cost transparency along the way.

Supporting that impression, recent research confirmed that rising awareness amongst consumers over the need and importance of supply chain transparency will indeed boost demand for tracking technology in the future. At the same time, transport businesses will be able to generate additional revenue by offering remote monitoring services.

According to a report published by US research company IHS*, the market value of OEM-embedded telematics systems in the Asia-Pacific region is likely to grow to $4.3 billion by 2018, from originally $419 million in 2010. Taking into account the aftermarket too, the region is expected to become the biggest telematics market in the world. According to IHS, aftermarket embedded units sales are predicated to grow from 647,000 in 2010 to about four million in 2018.

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