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Learn why telematics data aggregation services are becoming a key facilitator for transport managers, fleet managers, insurers and risk managers seeking to make the best use of the big data that their telematics systems are generating.
We examine how 5G networks, wearable tech, advanced telematics, augmented reality, mobility as a service and electronic vehicles are all set to impact fleet management in the coming decade.
It's estimated that four out of every five crashes involve some form of distracted driving. With such a potential for crashes, fleet managers need to reduce the associated risk to keep drivers safe, limit the impact on fleet insurance and protect brand and company reputations.
While many policyholders are shopping around with the hope of landing lower insurance rates, this solution may not be beneficial in the long term. The answer instead lies in companies' ability to gain control of their risk.
The amount of data available for fleet safety management can be an issue in and of itself. However, there are steps companies can take to ensure that data is fully utilized and significant advances in fleet safety management can be better achieved.
Understanding what data normalization is and knowing why it's important to fleet risk management gives companies a real advantage in both valuing and utilizing the big data they are already gathering.
Excel is used around the world, is a basic office skill, and therefore provides a simple-to-deploy solution that is familiar to its users. However, just because it’s a ubiquitous skill doesn’t mean it is the right tool for fleet safety management.
Managing telematics data across a fleet of several hundred or thousands of vehicles and drivers becomes an overwhelming task. The information overload provides more data, but not always more insight. Fleet managers are often compromised in their role by the very systems that were designed to help them.
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