Extract - Telematics – the word itself may not be commonplace but it’s hard to imagine a modern company without instant access to the whereabouts of all of its vehicles. And that’s just the start. Private individuals are getting in on the act and buying telematics devices to lower their insurance payments, detect faults in their cars, and save them money by monitoring their fuel consumption.
In the near future all of the billions of cars in the world will have some form of telematics device. Indeed, industry forecasts suggest that fleet management and tracking systems will experience an annual growth rate of 27% every year until 2016.1
How does your company get the edge on the many competitors in the telematics field? The answer is simple - On-Board Diagnostics.