Fleet tech: what it is, what it does and how pricing works

Fleet tech is a term used to refer to technology-based companies that develop solutions addressing fleet management needs and demands in different ways.

These solutions are gaining prominence for generating what many managers seek in their transport operations: better efficiency, safety and savings.

Fleet tech companies are redefining how vehicles are managed and maintained, potentially combining hardware and software, with features ranging from real-time tracking to predictive analytics.

Read on:

• What is a fleet tech company?
• What does a fleet tech company do?
• Why adopt a fleet tech solution?
• How much does adopting a fleet tech solution cost?
• What return should you expect after implementing fleet tech?
• Is Prolog App a fleet tech company?

What is a fleet tech company?

“Fleet tech” is a name for companies with specific technological solutions for vehicle fleet management.

The term fleet tech, in fact, combines two English words:

• fleet = a group of vehicles
• tech = technology

This concept represents a set of technological solutions and digital platforms that help fleet managers monitor, manage and optimize their transport operations.

This may include tools such as management software, maintenance management software, electronic tire tread probes, GPS tracking systems, vehicle telematics, data analysis and other technological innovations.

What does a fleet tech company do?

A fleet tech company will have different functions and purposes according to the problem its solution aims to resolve.

Companies that call themselves fleet tech companies may cover the entire operation and fleet or focus on specific areas, such as maintenance, tire management, cargo tracking, among others.

A fleet tech company can therefore perform different activities. Some of the main fleet technologies and their applications include:

Tracking and monitoring

Fleet tracking and monitoring generally take place through telematics.

These technologies provide real-time information on vehicle location, traffic conditions, driving patterns and much more.

Telematics, in particular, collects and transmits vehicle performance data, such as speed, fuel use and braking patterns, allowing managers to optimize operations and improve safety.

Fleet management software

Fleet management software provides integrated solutions that enable efficient control and administration of all fleet-related activities.

It may offer features such as maintenance scheduling, route management, fuel control and vehicle performance analysis.

With these tools, managers can make fast, data-based decisions.

AI in fleet management

Artificial intelligence (AI) is one of the main new developments in technology and is applied across different sectors and industries. In fleet management, it can address different areas and needs.

For example, in maintenance, AI can predict when a vehicle needs repairs, preventing damage and reducing downtime.

Another example is data analysis, where AI algorithms process large volumes of information to provide useful insights into fleet performance.

IoT solutions in fleet management

Internet of Things (IoT) solutions in fleet management involve using connected devices to monitor and transmit vehicle data at all times.

IoT sensors can provide information on vehicle health, driving style, fuel consumption and much more. This information allows issues to be identified quickly and corrective measures to be taken in real time.

Maintenance management software

Maintenance management software is designed to manage all vehicle maintenance tasks.

It allows preventive services to be scheduled, repairs and replacement parts to be kept track of, and a maintenance history record to be kept for each vehicle.

This helps ensure vehicles are always in ideal operating condition and reduces the risk of unexpected failures.

Fuel consumption control

Through monitoring and data analysis, managers can identify consumption patterns and implement strategies to reduce consumption.

This may include route planning adjustments, vehicle efficiency improvements and driver training in economical driving practices.

Why adopt a fleet tech solution?

Adopting a fleet tech solution can optimize fleet operations, with solutions offering routine task automation, automatic maintenance scheduling and route optimization, among many other features, resulting in greater operational efficiency.

Given all these factors, implementing these technologies in the fleet can also reduce operating costs.

Technological solutions also increase driver and transport safety, contributing to safe driving and avoiding costs related to loss events and insurance.

In addition, fleet tech systems generally bring features that analyze data and generate real-time reports for more strategic decision-making.

How much does adopting a fleet tech solution cost?

The pricing model for these solutions varies, generally using a monthly or annual subscription structure that adjusts according to the chosen system's complexity, number of vehicles monitored and number of integrated features.

Implementing technology in a fleet represents an investment adaptable to each company's specific needs, directly reflecting fleet size and operational demands.

This initial investment may be supplemented by installation fees, as well as additional costs for training, technical support and future system updates.

What return should you expect after implementing fleet tech?

The return on investment (ROI) in one or more fleet tech solutions can be measured over time. For this, it is important to maintain a data collection and analysis routine to feed fleet performance indicators.

This way, you will be able to understand how much ROI a tool is delivering across different fleet management areas.

The areas affected may vary according to the specific solution adopted, from vehicle maintenance to fuel consumption.

But generally, you can expect impacts on operational efficiency, savings, safety and even the sustainability of your transport operations.

Is Prolog App a fleet tech company?

Yes, we are a fleet tech company offering technological solutions for fleet maintenance management, both with a management system specifically for this area and with an electronic checklist platform for vehicle inspections.

In addition, we are a reference in fleet tire management, offering an integrated solution that includes an electronic tire inspection tool.

This tool automatically measures tire pressure and tread depth during inspections, with the advantage of connecting and transmitting data automatically to our management software.

Interested in discovering how Prolog App serves your fleet management? Visit our website to explore all the solutions and book a free demonstration to ask one of our specialists your questions. Visit here.