At Teletrac Navman, we’ve just carried out research which shows 27% of UK fleet organisations are interacting with their telematics solutions on a regular, daily basis.
While this means they will still reap the rewards of traditional telematics return on investment, such as fuel savings, they could also be enjoying even more business benefits.
The research delivered insights into how businesses are currently operating their fleets and analysing their telematics data.
It revealed how only half of respondents (50%) are evaluating and benchmarking driver performance, and, furthermore, less than a third (31%) are rewarding drivers for better performance.
Additionally, only 20% are monitoring vehicle maintenance data, meaning there’s scope for businesses to get even more out of their software.
The value of data access comes through the systematic exploitation of data-driven insights.
For example, telematics provides in-depth analysis into driver behaviour, notifying operators of any safety breaches, such as speeding or harsh braking, so it gives fleet operators the chance to offer training to counteract bad habits, improving the overall driving standard of their fleets.
It also gives fleet managers the chance to reward good driver behaviour, through competitions, prizes, discounts or other incentives, encouraging better driver performance.
We advise businesses to use driver behaviour data to create a culture where excellent driving standards and road safety is championed.
As well as driver data, telematics also unearths vehicle patterns that can be used to improve all-round business performance and keep your vehicles on the roads.
Diagnostic data can improve maintenance scheduling and servicing to keep fleets running at optimum levels.
Businesses need to stay ahead of SMR, to ensure they never miss an MOT or service to protect themselves against unplanned business costs and to flag symptoms before they become costly problems.
By Stuart Berman managing director at Teletrac Navman