THE FUTURE OF TRANSPORTATION FLEETS: HOW BUSINESS INTELLIGENCE IS STEERING MORE PROFITABLE DECISIONS
Pertinent Data to Monitor TCO and Develop Asset Lifecycle Strategy
According to a recent industry survey, while Big Data Analytics has been increasingly utilized across virtually every industry, approximately 33% of transportation fleet executives said they still do not have a software platform that allows them to manage their fleet’s total cost of ownership (TCO) all in one place. This is significant since the future of transportation fleets is centered around Business Intelligence tools. Everything from pricing, operations, truck maintenance, financial decisions and logistics are all based on platforms that leverage, absorb and utilize proper data analytics that create a distinct competitive advantage for fleets.
Business Intelligence enables fleets to take an exhaustive look at the utilization of a truck, and then through data analysis identify insights and key trends that help executives make critical decisions on each individual truck all the way up to larger, organization-defining decisions that drive profit. This report addresses the growing challenge of data overload and addresses several key areas:
- AN OVERVIEW OF BI IN THE TRANSPORTATION FLEET INDUSTRY
- A LOOK AT HOW BI IS SHAPING TRANSPORTATION FLEETS TODAY
- HOW FLEETS USE METRICS TO MEASURE TCO
- CHOOSING THE RIGHT PARTNER FOR AN ASSET MANAGEMENT SYSTEM
- THE FUTURE OF BI IMPLEMENTATION