Vehicle Tracking

Business Benefits Of Vehicle Tracking Systems

Commercial companies, from the smallest to the largest, are blessing the day that more than ten years ago that the US department of defense, opened up the gates of heaven, and allowed their GPS (Global Positioning System) to be available for commercial use. They must have been pretty relieved too, because the cost of establishing and maintaining such a system, although classified, must have run into mega-billions. By placing the power of GPS into the hands of the commercial word, they have gone a long way to offsetting the costs, and will recoup more and more as fleet operators rush to sign up.

It was way back in the late 1980's that GPS came into use. In those days it was for military use only. Rumor has it that the launch of the GPS system signaled an unequalled breakthrough in location technology, which would change and improve all our lives. It was only when made available for commercial use in 1995, did the business world begin to catch their first glimpse of what installing GPS systems in the fleet could offer.

The knowledge that GPS systems are powered by a network comprising 24 satellites circumventing the planet and forming a constant grid covering every centimeter of the Earth's surface, meant that by installing a transmitter in their fleet vehicles they would be in constant touch with each unit around the clock and seven days a week. Every GPS transmitter sends a signal that is gathered which, in return, is bounced it back to Earth through the GPS system, tracking the fleet unit's location to a level of accuracy within a few meters. If the unit is static, than the GPS system will track and relay that information to the traffic control office. The same applies when the unit starts on a journey. Each time the transmitter sends a message, the GPS system correlates with previous signals, and can identify how far the vehicle has traveled, and even its speed.

The first far-sighted companies, who had the vision and the financial wherewithal to install the GPS systems in their vehicles, were amazement when they began to realize what installing vehicle tracking systems would mean to the efficiency and profitability of their company.

• Insurance companies are reducing premiums, sometimes by up to 30% for those who install GPS Systems in their vehicles.
• A considerable drop in fuel expenses, due to reduction in private journeys using company fuel. Previously almost impossible to trace.
• A considerable drop in fuel expenses, due to the fact that the drivers could be updated on route changes and diversions.
• A considerable drop in insurance costs, due to a considerable reduction in vehicle theft. Insurance companies love the GPS vehicle tracking systems and are reducing premiums by up to 30% to show it.
• A considerable increase in sales. Customers are pleased to report that their suppliers now arrive on scheduled time, as a result of the pinpoint accuracy that GPS vehicle tracking systems provides.

Since the mid 1990's when GPS vehicle tracking systems became available, they have become within the reach of every company and individual. Financial managers are pleasantly surprised when they discover the extent of the savings that GPS generates. The return in investment by installing a GPS system is one of the most rapid in the history of business and finance.

For the men and women that transverse the World's highways, entrusted with a fleet vehicle to carry out their company's business life has also become considerably more pleasant. Many companies who experienced the full extent of the savings that installing a GPD vehicle tracking system can bring, have funneled some of the savings straight back into their pockets in the form of a profit share bonus. That way everybody wins, from the US Department of Defense downwards!