Podcast | Episode 6 | GPS or Telematics?
GPS or Telematics? Which solution works best for you?
Both GPS and Telematics are crucial parts of logistics. As per the Straits Research report, analysts expect the global GPS tracking device market to grow at a CAGR of 12.6% till 2030. Market research firm MarketsandMarkets predicts that the automotive telematics market will experience a compound annual growth rate (CAGR) of 12.1% by 2027. So, GPS Telematics together are expected to reach great heights in the coming few years.
In this episode of the Elixia Podcast series, our Division Head-Telematics, Altaf Shaikh, talks about the features and benefits of GPS and telematics, that help streamline logistics processes.
Elixia Tracking solution provides real-time visibility and control over the vehicles in transit. This solution uses various methodologies like GPS, SIM cards, mobile-based tracking, and API integration to give instant location updates of shipments on the road. Elixia integrates with all tracking platforms of both own and market vehicles. It then displays the real-time status of all vehicles on one integrated platform. The system also shares automatic alerts through WhatsApp, Email, and SMS, in case of any deviation or non-compliance. Elixia also provides the option to integrate e-way bill generation and get timely expiry alerts. The solution captures vendor-wise compliance reports for parameters like GPS, temperature, humidity, routes, and other such deviations. This helps in tracking vendor-wise performance and evaluating logistics spending.
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The Power of Reverse Logistics Software
