Having the advantage of the first mover in the market is sometimes crucial. But on the other hand, if you don’t use that advantage to the maximum and start building the brand there is a chance you might be swap by Asian competitors.
So. all companies operating and entering the new markets please be aware that within few years you will have a lot of competitors. Thereupon, if you don’t start preparing now for them you are risking to be cut out the market.
ELD Mandate
A new set of rules announced a while ago are on the way. This time there seems to be no additional postponing of ELD mandate. But history is showing us that we can’t be sure. If President Donald Trump decides to put this on hold we might face one more postponing.
A lot of companies are offering solutions in this space. Along with huge and top ranking companies such as Fleetmatics and Telogis, there are some new players; Basically, we can divide them into two groups:
- Well established big companies and market leaders are telematics or fleet management space offering hardwired, high-end solutions that have a higher price point and usually require some onboard hardware and monitors installation in truck driver cabin.
- Startup companies offering ELD mandate by developing new and innovative products that are very easy to install and use. Usually, those are plug and play solutions that can be installed in few seconds and have around 50% lower monthly price point compared to the above mentioned big players.
