Truck connectivity is an ongoing trend in the industry with a value potential that goes far beyond traditional telematics. The space is still characterized by the co-existence of many competing approaches by manufacturers and telematics services providers (TSPs). Truck makers need to develop clear strategies that position them well to capture their share of the value pool…
Connectivity touches all aspects of truck operations. The largest operating cost item for a fleet is driver cost, followed by fuel, equipment and finally maintenance. Almost all operating cost elements can be optimised by connectivity-enabled solutions. For example, driver cost can be reduced through driver coaching programs, fuel cost through fuel usage coaching, the equipment can be optimized through over the air (OTA) updates and predictive diagnostics can reduce maintenance cost. And even smaller cost elements like insurance can be impacted by connected solutions.
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