EyeForAuto Announce Commercial Vehicle Telematics 2003

Demand for Commercial Vehicle Telematics Is Ready to Take Off

CHICAGO, June 17 -- Commercial Vehicle Telematics 2003 on September 29-30, 2003 -- Developing customized product offerings to meet the needs of niche/vertical markets will fuel growth in the commercial vehicle telematics market. Rapid market expansion will also be boosted by increased awareness of the significant advantages accrued by telematics applications. Adapting hardware architecture to address evolving communications technology imperatives and demonstrating the benefits of automated two-way communications systems over non-automated substitutes will further catalyze demand for telematics products. (Frost & Sullivan)

"Given the large number of niche markets, developing product applications targeting the needs of particular niches will be critical to future market expansion," says Frost analyst. "These include markets in truckload and less-than-truckload services, construction, urban distribution/services, utility, emergency services, hazardous materials (HazMat), private fleets, and trailers."

In order to compete, common carriers must improve their economic efficiency while differentiating their companies by elevating their level of customer service. To address these market challenges, many fleets are turning to fleet information systems, or telematics, to improve efficiency, reduce costs, and meet stringent delivery requirements. (Technology Assessment Associates)

For those in the commercial vehicle arena, telematics is already proving itself amongst early adopters as a serious business asset rather than an optional accessory. It also makes for a lucrative but highly competitive marketplace, with hundreds of telematics companies vying for a slice of the pie.

On September 29-30, all major players from both fleet and telematics sectors, influential figures and hottest innovators will be in Chicago to discuss the strategies and challenges for commercial vehicle products and services in telematics.

Back for its second year, Commercial Vehicle Telematics will cover key issues that need to be solved in order to accelerate profitability. Attendees will hear speeches and case studies from leading industry experts including Avis Car Rentals, General Motors, IBM, Sprint PCS, ComCARE, Battelle, Telecontar.

For full program on Commercial Vehicle Telematics 2003, visit: http://www.telematicsupdate.com/cvt2003/program.shtml

Or contact Louise Clark on 1800 814 3459 ext. 199 (Toll free US & Canada) or +44 207 37 57 199 -- louise@telematicsupdate.com

About EyeForAuto/Telematics Update Magazine:

EyeForAuto publishes Telematics Update Magazine for the automotive industry worldwide, and organizes senior level business conferences in the USA, Europe and Asia-Pacific. Visit www.eyeforauto.com and www.telematicsupdate.com