When we talked with Tim Taylor, Chief Client Success Officer at Telogis, we asked him to give us his thoughts on the value proposition for fleets considering telematics solutions, and how quickly a fleet can see a return on investment.
I see companies understanding that in the era of the 'connected everything,' the Internet of things, the customer can get better visibility and the supplier can provide a better service when multiple things are connected; the job for the customer, the tablet for the worker, the ERP system for the company, and what the vehicle is doing. In that interconnectedness we keep improving things and making them more efficient. It is very powerful.
"We say: if you can measure it you can manage it. When you connect things and you provide a scorecard the company starts changing behavior. We see customers transformed in a matter of three or four months. Literally, they will save the money that they invest in a matter of months. If it takes more than six months I would be surprised. It is a matter of being committed to using the information, having executive sponsorship and a team that engages - and then you launch."
Read more to find out how one fleet saved $300,000 in the first year, and it wasn't even on the original ROI estimate!
The Article Telogis Tim Taylor on the ROI of Telematics appeared first on Automotive Digest.