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Global Fleet Management Market and its Trends

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  In this day and age, transportation has become an essential part of human life. From the daily commute to moving cargo and logistics, different aspects of transportation are involved in our lives. Fleet businesses have become indispensable for every country as they contribute a huge chunk of revenue in the economy. The dire need of these businesses has resulted in the emergence of fleet management. Nowadays, Fleet Management is one of the booming industries globally. The increase in fleet companies has resulted in the growing demand for management solutions. Let us look at the various aspects of fleet management market.  Market Overview: Fleet management market size is currently 20.6 billion $ in 2021, which is projected to reach 33.9 billion $ by 2026. The CAGR (Compound Annual Growth Rate) for 2021-2026 is estimated to be 10.5%. Many role players in the industry result in a diverse market. A high growth rate is recorded for the cloud computing and analytics tools that help co

How to Achieve the Best White Label GPS Tracking Software?

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  White Labeling has become a popular trend in the telematics industry these days. It offers businesses an excellent way to get a customized product without spending a lot of money and time. A company can resell a vehicle tracking system by changing its appearance and every cosmetic aspect.    Due to cost-effectiveness and time efficiency, many companies turn to white labeling. How to achieve the best white label GPS tracking software ? Every fleet management service provider wants to know the answer to this question. Let us discuss it in detail in this blog.    Essential Steps Involved in White Labeling:   URL Customization: The URL with which the user logs into the system is essential to consider during white labeling. With the help of URL masking, you can show your personalized URL to the users when they access the platform. It helps strengthen the branding of your new product.   Personalized Service Name: What is the most important thing about a product? It may ap

Things to Consider For Selecting an Efficient GPS Tracking Software?

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  Gone are the days when the managers had to work tirelessly to manage various aspects of fleet operations. Nowadays, their job has become much more convenient with the introduction of GPS tracking software. It allows everything from managing trips and monitoring location to ensuring fuel efficiency.    Due to the time-tested effectiveness of the vehicle tracking systems, many fleet businesses are deploying them around the globe. However, choosing the monitoring solutions with utmost care is integral for getting the best possible outcomes. Let us look at the various things to consider before selecting the vehicle tracking system.  Mobile App Availability: Nowadays, fleet operations are very fast-paced, and keeping up with them requires mobile monitoring. As a manager, you would want to remain updated while on the move, and for that, the mobile app is required. Therefore, you should check whether the tracking solution offers a mobile monitoring app or not.  In addition to the

How Does IoT Impact Fleet Operations?

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  The IoT industry is on a boom globally. Despite the pandemic, it has seen considerable growth. According to a report by Fortune Business Insights, the IoT market size will increase from USD 308.97 billion (2020) to USD 381.30 billion in 2021. According to some estimates, this value can reach up to USD 1,854.76 billion in 2028. This trend indicates the thriving popularity of IoT in various industries.    IoT solutions bring automation to operations and help businesses make data-driven decisions. Due to this reason, various industries, from healthcare to transportation, are deploying IoT-based solutions to run efficient operations. The impact of IoT on fleet business has been revolutionary with the invention of fleet management software. Here we will discuss it in detail. Role of IoT in Fleet Management: IoT-based vehicle tracking software play a vital role in fleet operations. They help businesses to achieve complete control of operations for elevating efficiency. Let us look

Flotilla IoT White Label GPS Tracking Software

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  If you want to establish your own tracking company but find it challenging to start from scratch, there is no need to worry. Flotilla will provide you the head start you always needed in this business. It will provide  tracking software  along with a variety of features to GPS tracking companies. Flotilla White Label GPS Tracking Software is tried and tested as it is being used by many large and small-scale companies in the market. It delivers a customer-oriented, easy-to-use, feature-packed platform that would boost your business within days. Features of Flotilla White Label GPS Tracking Software Flotilla provides a variety of features along with the leading GPS tracking software. These features can be enhanced or modified according to the demand of our customers. Some of these features are:  1. Active tracking real-time  location of the vehicle at all times can be monitored. If managers monitor vehicle location continuously and issue real-time instructions, active GPS track

How to Retain Drivers for Your Fleet Business?

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  The revenue of a fleet business is primarily based on the performance of the drivers. Therefore, logistics companies look for reliable drivers who can perform operations professionally. But finding good ones is easier said than done. Even after hiring, retaining them is an issue. However, with smart fleet management software and financial perks, a business can create potentially long-term jobs for them.    Due to the widespread options in the market, drivers are always looking for better opportunities. With proper consideration of their requirements, it is possible to retain them for a longer time. There are different other ways to do so, and we will discuss them in this blog.   Develop a Strong Relationship: Mostly the employee loyalty is associated with better salary and comfort, but sometimes goodwill can also play a part. A fleet business needs to create a feeling of mutual trust and respect with the drivers. Managers should listen to all their concerns and take the nec

Things to Consider While Planning a Fleet Budget

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  While running a fleet business, the owner has to look after different aspects to get the desired results. Budget is amongst the most critical factors. It is the initial launching pad for a company at the start of the year. Starting with a reasonable budget means a higher probability of running successful operations. It is essential to prioritize important areas like vehicles, fleet management systems, etc., during budget allocation.   Out of many other jobs, managers have to look after the budget allocation. They need to identify the high-priority requirements and designate more resources towards them. This blog will look into some of the most critical aspects to consider during budget planning.  Steps to Follow: Some of the integral steps to follow while strategizing about the fleet budget are as follows: 1. Devise a Yearly Strategy: As a manager, you have to analyze the business operations in detail. Identify all the strong and weak areas and the reasons behind them. Se