The petrochemical industry is a market which on the surface is ideally suited to vehicle tracking technology. The product being transported is of high value (tankers carry in the region of £50,000 worth of fuel) and because of its volatile nature vehicles carrying the product can present significant terrorism risks.
However vehicle tracking has until now only scratched the surface of this industry.
The reason the technology has not penetrated the market is down to the "potentially explosive environment" the vehicles themselves have to work within. It's only within the last 18 months that providers have been able to offer a solution that meets Category 3G of the ATEX directive, a fundamental requirement relating to the welfare of workers in explosive conditions.
With tracking companies now providing solutions that meet the directive vehicle tracking should, finally, start to penetrate into this market. So what will this mean for the businesses operating in the market?
In my opinion, the most significant impact this will have on the industry is the competitive advantage the technology will offer early adopters. With the features available on the more advanced vehicle tracking systems it could be a key ingredient for businesses to differentiate themselves in a very commoditised market.
Read more on Navman Wireless's vehicle tracking device within the petrochemical industry.
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