Fleet management system

A fleet management system (FMS) is an integrated technology solution that combines hardware and software to allow businesses to manage, organize, and coordinate their commercial vehicles from a central hub. It is an application of the Internet of Things (IoT) and a component of fleet digitalization. The number of actively managed vehicles globally is projected to exceed 180 million by 2028. The installed base of active systems shows a wide regional distribution, with millions of units in Europe, North America, Latin America, and Southeast Asia.

While a fleet telematics system is often a core component, an FMS integrates a wide range of data from in-vehicle hardware to manage the entire lifecycle of a fleet's assets and operations, from commercial logistics to humanitarian aid. The goal of an FMS is to improve efficiency, reduce costs, enhance safety, and ensure regulatory compliance. The system combines vehicle location data with other business information, providing a wide range of management tools.

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