Despite the explosive growth and evolution the telematics industry has gone through over the last few years, many fleets are not using the software to its full potential. Many organizations are still using their telematics software solely as a GPS unit for vehicle tracking and are missing out on key data points by not integrating these systems with other parts of their business. The use of this data across the organization can arm other department heads with insights to help make better business decisions.
As the technology improves so does the analytics within these programs which can support business growth. This data can show important information on vehicle safety and condition, driver behavior, traffic delays and more. Measurement of KPIs (Key Performance Indicators) and total cost of ownership of the vehicles fleetwide is important with the automated collection of data being more reliable and allowing you to set more specific fleet goals.
This data mining supplies organizations with the information needed to reveal patterns and trends, and with the help of machine learning, can take organizations one step further. Using Machine to Machine Learning (M2M), the data collected can be used to build algorithms to make predictions based on historical information. In years past, companies would hire someone to sort through all the data you gathered manually while today this is all done through an automated process.
Another important area this data can be used if for cold chain compliance. The enactment of the Food Safety Modernization Act (FSMA) and rule on Sanitary Transportation of Human and Animal Food were targeted with advancing the FDA’s efforts to protect foods from farm to table by keeping them safe from contamination during transportation. This shift in focus from responding to foodborne illness to preventing it is a dramatic change based on the realization that preventable foodborne illness is both a significant public health problem and a threat to the economic well-being of the food system. Use of a Telematics system gives you the capability of real time temperature compliance monitoring and the ability to receive actionable alerts for any deviations to the shipper’s temperature protocols as well as satisfy the record keeping provisions without having to touch the unit saving both time and money.
Telematics can be the instrument to supply the data required by todays modern organization. It is no longer effective to think of your fleet and primary business as separate entities and using Telematics to gather this data for you eliminates manual processes to save time and improve accuracy making it easier to share with others in your organization enabling them to make better informed decisions by seeing the big picture.