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PRESS RELEASES

2010


4/3/2010 Vehicle tracking uptake doubles says new industry survey

55% of companies now using the vehicle tracking within their fleet operation

There has been a significant uptake of vehicle tracking according to DigiCore’s Vehicle Tracking Survey 2010, with 55% of companies now using the technology within their fleet operation. This represents a sharp increase from previous research conducted in 2008, which showed a market penetration of around 25%. In addition, the findings suggest that vehicle tracking has become a valued fleet tool with 96% of operators using the technology stating that it has added benefit to their business.

The Survey reports that improving productivity (41%) is the main reason for adopting vehicle tracking. However, fleet operators are achieving a much wider range of benefits from using the technology with reduced costs (77%), increased productivity (64%), added security (52%), and enhanced fleet and employee performance (51%) the most extensively highlighted. In addition, many respondents stated that vehicle tracking also helps their business meet legislative requirements such as Duty of Care and Working Time Directive.

Of those respondents that are not using vehicle tracking 40% stated that this was because it did not meet the requirements of the business, and 37% stated that systems were too expensive.

Meanwhile, the survey also demonstrates that green initiatives still have a relatively low uptake. In fact, only 5% of respondents are implementing Green Band Driving or Eco Routing, with a further 24% currently considering the introduction of these initiatives. However, companies that have implemented Green Band Driving all reported benefits, with reduced fuel bills and reduced emissions.

Tom O’Connor, Managing Director of DigiCore Ltd, commented: “The adoption of vehicle tracking systems clearly reflects the challenges that fleet managers face. Fluctuating fuel costs and pressure to reduce costs continue to be by far the largest concern for fleet and transport managers, so fleet managers are looking for ways to help better manage resources.

The findings of the survey support the fact that using a vehicle tracking system can result in a more reactive fleet with increased driver productivity, provide a return on investment and enable the business to have increased capacity to meet demand.”

Copies of the DigiCore Vehicle Tracking Survey 2010 and White Paper: The Adoption of Vehicle Tracking Systems can be downloaded from the DigiCore website (http://www.digicore.co.uk).

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About DigiCore

Ctrack is a division of DigiCore Holdings, a global company listed on the Johannesburg Stock Exchange, with more than 25 years' experience developing leading vehicle tracking solutions that provide measurable business and operational benefits through total visibility and control of mobile assets. As a result, almost 460,000 systems have been fitted in 36 countries across five continents, making DigiCore the most comprehensive industry service provider worldwide.



Ctrack is the largest vehicle tracking and resource management provider within the UK with more than 3,000 companies now using its advanced technology solutions



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Jonathan Symons
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