Telematics is becoming an increasingly familiar term in the insurtech space. Telematics is the key to taming the demands today's complex logistics networks and real-time digital twins will undoubtedly play an important role in helping telematics accomplish this task. This cutting-edge technology is the combination of informatics and telecommunications that mainly operates in the fleet management sector.
Reports also show that the telematics sector is on a massive growth trajectory and will have a global value of $3556m by 2026. The sector is being driven forward by the advent of 5G, electrical engineering, vehicle technology, and AI as the automobile industry becomes further integrated with the IoT.
Commonly known as black box technology, the system works by sending information directly from the vehicle to the cloud where it is aggregated and insights are created. The insights provide valuable analytics on the performance of the vehicle, the mileage and provide insurtechs with the information they need to reduce the cost of premiums and settle claims more efficiently
Sitting at the intersection of telecommunications and informatics, telematics provides essential insights for logistics professionals, especially those involved in managing vehicle fleets. The combination of critical communication and computing technologies, including GPS, cellular networks, Internet of Things (IoT), cloud computing and analytics software have progressively enabled new capabilities for tracking vehicles and containers. Telematics software allows dispatchers to gain critical insights so that they can make strategic decisions, solve issues and boost efficiency of their fleets.
To learn more about the potential benefits of Telematics and the advantages it can provide to your company, join us as Group Futurista presents its “Future of Telematics” webinar.
Topic We Cover
CXO, Director, VP, Head, Manager, Specialist of
This is an online event. You do not have to travel to any specific location. You can participate from your convenient location. The virtual event is accessible from a computer, mobile and tablet devices.
Your login details will be emailed to you ahead of the event. You can use those details to access the online event.
Absolutely. We are counting on you to invite others! Help us spread the word. You can simply share the link to this page, and they can register at their convenience.