Article | May 30, 2019

Uncovering The ROI Of Telematics

Source: ARI

By Don Woods, ARI

A Framework For Measuring Training ROI Using Quality Metrics

The way you conduct business is changing. In today’s business environment, disruptions are creating new challenges, magnifying existing struggles, and fundamentally altering the landscape of your industry. Change can be challenging but often, complacency is worse. You need to remain agile and do all that you can to stay ahead of your competition. Have you found yourself asking, what can I do today to prepare for the challenges of tomorrow?

If so, you’re certainly not alone and in many ways, fleet is a microcosm of this evolving business dynamic.

The vehicles in your fleet are a critical part of your business. Whether you’re using them to deliver goods, repair infrastructure, or service customers, they’re more than just cars and trucks. They’re tools required to do a job. What’s the best way to review and maximize your fleet’s contribution to your business?

Embracing Telematics

Getting started with telematics can feel like a major undertaking, but it doesn’t have to be this way. It’s a common misconception that you have to roll out a complex telematics strategy to your entire fleet in order to achieve a measurable impact. However, the reality is that even a small pilot program can deliver significant value to your business.

The first question we typically ask a customer who is considering a telematics solutions is simple; what’s the problem you’re trying to solve?