Telematics has been proven to provide cost savings across a wide range of industries and applications. Through identifying inefficiencies in fleets, monitoring and recording vehicle movements and operations, to understanding the impacts of driver behaviour, telematics enables organisations to save money.
Theft is an important issue for businesses in all sectors, and unfortunately for many, it is an increasingly costly issue.
Across Australia and New Zealand, theft of plant, assets and vehicles has been increasing. Organised crime has put a target on equipment theft in recent years, with a 45% per annum increase in plant and equipment thefts between 2004 and 2014 within Australia.
This trend highlights the need for additional security across organisations’ entire fleet and asset inventory. But additional security around these assets is only part of the answer.