Big data has transformed a variety of industries in big ways, including truck fleet management. The technology industry has transformed fleet management and through software, data, and analytics have contributed to a 90% increase of venture capital in the industry in the last several years. Big data has provided fleet managers with invaluable technology and tools to help determine the best routes for fleet vehicles, efficient ways to repair them, and how to keep track of this information.
Read on below to learn more about how big data has changed the management of truck fleets.
1. Big Data and the Role of Fleet Vehicle Management Software
Unlike fleet managers in previous years, managers in the industry today have the advantage of using big data to understand every aspect of their vehicles. Vehicle fleet management systems like Fleet Trax provide valuable GPS monitoring for managers and make it possible to have constant access and communication with a fleet.
Having access to information about the truck’s data, including its routing information and its driver, allows fleet managers to make sure that the trucks are on the most efficient routes and running on time. Mining this data has allowed truck fleet management companies to not only enhance their operational strategies but also save money too. The boom in fleet vehicle management software demonstrates the way the industry is advancing thanks to technology and big data, and even other industries are starting to see the potential of using software like this in different ways.
2. Big Data Helps Keep Fleet Vehicles in Top Shape and Predict Solutions
Big data allows fleet managers to have a better understanding of each truck’s individual repair needs, and create the most efficient maintenance schedules possible. It does this by taking into account a vehicle’s route, location, and identifying problem areas on the truck that need to be addressed. This is great news in terms of the safety of fleet drivers because it means issues can be detected before drivers might even be aware of them. Predictive solutions for fleet monitoring like this wouldn’t be possible without big data, its intelligence, and the analytics it helps provide.
3. Electronic Log Books
With the surge of big data came the use of electronic log books in truck fleet management, and the development of mobile apps to integrate fleet management into the digital age of smartphones. Electronic log books are more efficient than traditional paper log books. They help keep an accurate track of records, hours, and are easily accessible by drivers and managers.
They’ve become so influential in the industry that they’re now even federally mandated as of earlier this year. Thanks to big data, keeping electronic log books helps ensure the safety of fleets, saves money for companies and the industry, and eliminates excess paperwork.
Big Data Will Continue to Help Truck Fleet Management Evolve
Big data has become an integral part of the industry thanks to the standardization and optimization it provides for managers to run their fleets efficiently. Fleet managers can now access, analyze, and strategize for their fleets more precisely than ever before due to the amount of information and analytics available at their fingertips. Big data allows them to leverage their data to help improve fleet performance, bring in greater profits, and be a strong contender against competitors in the industry.
What other ways have you noticed big data influencing fleet management?