Verizon Connect report highlights fleet tech adoption, ROI gains, and safety improvements
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: GlobeNewswire
What you need to know: For five consecutive years, at least four out of five respondents have reported using at least one form of fleet technology.Fleet technology is making significant strides in reducing costs, enhancing operational efficiency, and improving safety.Fleet management software is evolving to meet emerging challenges, including sustainability and electrification. NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Verizon Connect today released its fifth annual Fleet Technology Trends Report, conducted in partnership with Bobit Business Media, and based on responses from 543 fleet management professionals. The report highlights how fleet management technology continues to serve as a dependable asset for boosting performance across small, medium, and enterprise fleets. The findings reveal a steady increase in the use of GPS fleet tracking, in-cab video solutions, and predictive analytics, driven by rising costs, evolving regulations, and competitive pressures. With co
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