Cheese, chinos and chairs are just a few of the items carried with the use of Teletrac Navman technology that has now reached installation across 100,000 assets in Australia.
The milestone marks another achievement for the global fleet and asset management solutions provider, who recently released its Telematics Benchmark Survey for 2019.
Ian Daniel, Vice President & Managing Director, Asia Pacific at Teletrac Navman, noted that more and more business across Australia are turning to new technology, like the company’s Electronic Work Diaries (EWD), to keep up with evolving challenges and trends across the transport industry.
“An increasing number of businesses across Australia are turning to technology to keep up with changing industry pressures and emerging trends,” said Daniel.
“Our recent Telematics Benchmark Survey found that telematics use in Australia has increased by 13 per cent since 2018. This is reflected by the number of vehicles that implement Teletrac Navman’s fleet management solutions and we are thrilled to reach this milestone.”
Significant business benefits
Teletrac Navman’s Telematics Benchmark Survey for 2019 brought together experts from transportation, retail, manufacturing and other industries to examine best practices and current issues influencing fleet management in Australia.
The survey found the top three reasons for companies installing telematics are peace of mind from knowing where vehicles and assets are; improved driver behaviour; and meeting compliance requirements. Benefits included reducing fuel costs by an average of 10 per cent, improved efficiency, and reducing the number of safety incidents.
As Ian Daniel noted, it’s not just big rigs that employ Teletrac Navman’s technology solutions. “As Australia’s largest telematics provider, we track everything from Martins Stock Haulage’s powerful prime movers to City Hire’s utes, Life Without Barriers cars to huge excavators,” he said.
The survey also found that the adoption of telematics has reduced incidents by 48 per cent, compared to 23 per cent from 2018. “We proudly partner with our Aussie customers to leverage technology into a solution that increases the productivity and profitability of their businesses, big or small.”
According to research firm Berg Insight, the market for fleet management in Australia and New Zealand is forecast to grow from 0.8 million units in 2017 to 1.7 million by 2022. To address this expected growth, Teletrac Navman continues to shape the transport industry through numerous initiatives.
Teletrac Navman confirmed the submission of its EWD solution, Sentinel, which is the first of its kind to be submitted for approval to the National Heavy Vehicle Regulator as an alternative to paper work-diaries.
The telematics provider also seeks to increase diversity within the industry, having released a whitepaper titled Driving Change: A Closer Look at Women in Transport last month. This report investigates the role of women in the transport industry and what can be done to boost gender equality in the sector’s workforce.
Through its on-going initiatives and advancements in telematics technology, Teletrac Navman continues to change the transport industry for the better.
The 2019 Telematics Benchmark Survey can be downloaded here.