Case Studies
Intelligent Telematics uses IoT to improve fleet safety and cut insurance costs
Overview
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Functional Applications - Fleet Management Systems (FMS) Networks & Connectivity - Cellular Sensors - Camera / Video Systems | |
Transportation | |
Logistics & Transportation | |
Vehicle Telematics | |
Operational Impact
[Management Effectiveness - Data Analysis] With insight into speed, cornering, traffic lights, road warnings and more, the company can tailor training to help drivers prevent accidents, identify and address trends in driver fatigue, and even reward drivers for safe behavior. | |
Quantitative Benefit
Footer notes that analysis of 2,000 commercial vehicles showed that using their IT1000 camera over a six month period reduced accident frequency by 45 percent on average, and reduced collision claim costs by 27 percent as a result of instant intervention.
“We identified that 65 percent of recorded accidents were in fact avoidable, highlighting the clear opportunity to improve fleet safety levels through targeted driver engagement,” adds Footer. | |
IT1000 customer FleetSeek, a logistics solution provider in Australia that has seen a 50 percent drop in accident claims against the business. | |
Enabling companies to immediately capture footage based on trigger events such as doors or fuel caps being opened has reduced thefts from nearly six per month to almost none. | |