Fleet Management Software Development
Fleet Management Software Development Cost, Benefits and Features. In today’s fast-paced technology-driven world, investing in software across industries has become essential for better productivity and higher return on investment, especially in sectors such as logistics, manufacturing, transportation, etc. which highly depend on managing fleet timings and supply chain networks.
According to a report from Fortune Business Insights, the global market size of fleet management software is expected to grow at a CAGR of 19% and reach $79.82 billion by 2030.
And if you are also looking for ways to develop software for fleet management in your business, then you are at the right place. In this blog, we will cover everything that you must know about fleet management software before investing in one.
So, let’s get started!
What is Fleet Management Software?
Fleet management software refers to the application program that helps businesses monitor and control their fleet activities, including but not limited to fuel consumption, asset utilization, vehicle maintenance, route planning, fuel costs, and driver management to improve fleet productivity.
As fleet management is a vital business aspect that needs operational proficiency for managing daily activities amid complex vehicle systems, a seamless management system like fleet management can be the most viable solution.
Using fleet management software allows businesses to digitize fleet operations and automate tracking, optimization, communication, etc. Whether you want to track cars, vans, trucks, ships, or even airplanes, fleet management software is the answer.
Benefits of Fleet Management Software Development
Some of the major benefits that fleet management systems offer to a business are as follows:
Lower Operational Cost
The ability to track the fleets in real-time by installing GPS tracking devices in the vehicle is one of the top advantages that come with using fleet management software. It enables businesses to know when the vehicle has started its journey and spots where it stopped, resulting in better productivity.
They help you to set custom alarms for monitoring speeding, harsh braking, idling, rash driving, excessive heating, etc., transferring information in real-time about any issue that can lead to accidents so that you can ensure vehicle safety and operational efficiency.
Lower Operational Cost
Another crucial benefit that a fleet management system offers is reduced operational costs. It allows you to do so by lowering the wastage of fuel and optimizing vehicle conditions through real-time monitoring.
From route taken, halts, driver behavior, and vehicle condition to engine alerts, fleet management software provides real-time actionable data for every aspect of your business for higher productivity and improved return on investment (ROI).
Easy Management: Last but not least, the fleet management software allows businesses like yours to easily manage their operations such as on-time delivery, fleet maintenance, driver security, etc.
Features to Add in Fleet Management Software
With a basic understanding of what fleet management software is and how they benefit a business, let’s take a look at the features you should consider adding while developing one.
As we have seen so far, real-time reports available in the fleet management software are like a bloom in the fleet management industry. This feature allows you to mitigate the wastage of fuel during a trip by getting real-time reports on the consumption of the fuel along with fuel level indicators. As a result, the risk of thefts and fraud during consumption is minimal
Adding this feature to the fleet management software application will allow you to get instant updates about the vehicle's condition and if it needs any repair and maintenance before further damage.
With the trip history feature, one can check the route taken in any journey by the fleet during a given interval of time with details such as driving speed and stoppages, allowing you to focus on route betterment and provide faster product delivery.
This feature will allow businesses to gain real-time reports on numerous different fleet conditions in a dashboard, allowing you to learn about total halts, stoppages, and routes.
With the Geofencing feature in the fleet management software, businesses can effectively re-route their fleets through real-time insights to save both time and money. It can also be used to set location boundaries, i.e., allowing you to set a location that is not appropriate and get alerts if the vehicle is headed that way beforehand.
Dispatch & Scheduling
Adding this feature makes it so much easier to allocate and schedule resources to avoid delays. For instance, if one of your fleets breaks down in the middle of nowhere, you can easily check the real-time situation and provide solutions faster.
Cost of Developing Fleet Management Software
Typically, developing fleet management software will cost you somewhere around $10,000 to $60,000, depending on your requirements, application size, complexity, basic to advanced features, the technology used, third-party app integrations, region of development team outsourcing, hourly rates, developers’ experience, and so on.
If you want to develop a fleet management system for your business to automate fleet management operations and focus on other crucial tasks, then contact us. Our team of experts will consider your requirements and then provide you with a minimal development cost, making the software development budget-friendly.
So, what are you waiting for? Get in touch with us today, share your requirements, interview developers, choose the one you found most suitable, and get your product delivered within your budget.
FAQs: Fleet Management Software Development
What is fleet management software development?
Fleet management software development refers to the creation of an application program that helps businesses monitor and control their fleet activities, including but not limited to fuel consumption, asset utilization, vehicle maintenance, route planning, fuel costs, and driver management to improve fleet productivity.
How much does fleet management software cost?
Developing fleet management software will cost you somewhere around $10,000 to $60,000
What system is used in fleet management?
One of the most essential technology systems that are used in fleet management is none other than the GPS technology that helps track and monitor all the fleets a business might have.