Telematics for Fleet Management and Telematics Insurance
Fleet management is the role in a vehicle-based company aimed at maximizing efficiency, increasing productivity, and improving vehicle and driver safety. Telematics solutions facilitate fleet managers to report on fuel consumption, track vehicles, monitor driver behavior and handle vehicle repairs in many ways.
Telematics precisely involves the internet itself in its broadest sense, as it combines telecommunications with computer science. However, the word is now more frequently used with telematics alternatives for vehicles, where telematics systems collect and communicate information on vehicle usage, maintenance conditions or automotive service. Here, as one of the main uses for this technology, we will concentrate on car telematics and consider how technology has originated and developed over the years.
Telematics systems and devices in action
Safety tracking: Fleet management telematics offers a digital blueprint for every aspect of the operation of a vehicle, assisting fleet executives to know where improvements can be made to driver safety measures and accident prevention norms. Fleet managers and owners use fleet telematics to supervise vehicle speed and position, and use features such as embedded video to contextualize severe driving occurrences. And executives can also remotely monitor and evaluate the use of the seat belt by leveraging the GPS in conjunction with vehicle diagnostics.
GPS Vehicle tracking: A mixture of GPS satellites, GPS receivers, GPRS networks, and cloud computing can be used to track vehicles. A GPS receiver downloads data from GPS satellites about its latest location processes it for use with apps such as GPS driver navigation and transmits that data via GPRS to web servers (cloud computing) used by office employees for operations such as dispatching the closest driver to a new job.
Maintenance improvements: Management of asset lifecycle and vehicle maintenance can be enhanced by using fleet telematics to monitor records of hours of use, plan preventive maintenance, restoration of warranty, monitoring of engine hours and monitoring of service records. By maintaining tabs on engine diagnostics such as battery voltage, power drain malfunctions, coolant temperature, intake valve problems, oxygen sensor problems and more, fleet executives can reduce costs and maintain vehicles in secure working condition.
Insurance risk assessment: Insurance companies could use telematics to monitor driver behavior, enabling them to determine their risk factor more correctly and modify their insurance premiums accordingly. Telematics systems for fleet management can also report whenever a vehicle is used outside a specified region (known as a geofence), a capacity that is helpful in circumstances such as providing discounts for particular farm vehicles off-road.
However, telematics is not a new concept, it is something that is currently witnessing a revival in popularity. The primary reason for this is that, especially in their driving habits, individuals are looking for ways to save cash and boost their carbon footprint. Telematics insurance is good for personal drivers, but also fleet management, telematics can be valuable.
The concept behind insurance for telematics is to reward excellent drivers. The insurance supplier will fit a telematics device that will evaluate and measure the manner you drive your vehicle.
These telematics devices imply that you can demonstrate to be a responsible driver, and depending on what the findings show, your premiums will be based.
Telematics insurance is perfect for individuals who feel somewhat annoyed about paying a high premium regardless of being a secure driver!
In reality, you not only get the pleasure you show how well you can drive, but you can also save cash.
Telematics for fleet management
When it comes to fleet management, telematics takes a slightly distinct strategy. It enables the fleet manager to supervise their driver team whenever they are out and about. It can look at those drivers ‘ movements, place, and behavior. It understands when a vehicle is idle and the speed at which it travels. For a fleet manager to understand all the helpful staff.
While telematics can save cash from personal drivers, it has a multitude of other advantages for fleet management firms.
Reduced operational expenses
Reduced costs in labor
Improved customer service
A greater level of control on fuel costs
Increased safety and security for the fleet
A green and more eco-aware approach
Increased levels of productivity
A reduction in the levels of unauthorized vehicle use
All these things are essential to consider by every fleet manager and could have a major effect on their entire company. Saving time and money as well as providing a much better level of service to their clients.
No matter how you look at it, it’s a wonderful thing about telematics. While some may see it as a “missing piece” of technology, it should be seen more as an opportunity to demonstrate you deserve to save yourself some cash for those who drive well and drive safely.
VAMOSYS provides GPS Vehicle Tracking, Fleet Monitoring, Fleet Management, Fuel Management Solutions, and Telematics company services. VAMOSYS helps you optimize your company GPS tracking activities while you focus on your company’s development!