Mar/April 2009

The recession is prompting more companies, especially smaller businesses, to come forward and introduce tracking systems, according to one supplier, V-SOL. But it adds that only a third of companies that could benefit from the cost savings of vehicle tracking systems are actually using them.

According to managing director David Isom: 'The vehicle tracking market has changed significantly over the last couple of years. We used to see tracking systems purchased mainly by large business fleets, but with the reduced costs of the systems, together with the greater control they offer, the benefits are now being utilised by much smaller businesses in a wider range of markets.'

He says the businesses now introducing tracking systems range from housing to distribution, and some have just a few vehicles.

He says the prices of vehicle tracking systems have fallen by around 70 per cent over the past 10 years, and that even the top-of-the-range systems are affordable to a wider range of businesses.

 

V-SOL says the cost of vehicle tracking now is now 'less than the cost of most mobile phone contracts'. Its own pricing starts at £795 for an outright purchase and less than £1.00 per day for system rental, including full customer support.