Hitachi Capital Vehicle Solutions has announced the second phase of its business intelligence management system Capital View, which will be launched in April.
Phase one, which is currently being distributed to its customers, enables fleets to manage data, store car information and produce league tables. The new phase will allow customers to analyse trends, benchmark against other fleets and set targets.
“Over the last couple of years we have invested approximately £1.7 million into our business intelligence systems,” explained Phil Peace, director of sales at Hitachi Capital.
The leasing company has been using the business intelligence system in-house for a number of years, allowing them to identify more than £29 million pounds worth of savings.
“Business intelligence has delivered savings to our customers, it enables us to make key decisions on performance and costs and helps fleets to make business decisions,” Peace said.
In shaping the new system, it researched what features would be most beneficial for the fleet manager. Key features include a fleet manager’s ‘to do list’ and creating extended league tables.
Peace explained: “We identified what key features fleet managers would need to do their job and analysed how people like to use data to make the platform as useful as possible.”
The aim is to help fleets manage drivers more effectively, highlighting those drivers who need further training and monitor their progress.
“We have found the ability to create league tables really useful to fleet managers, particularly for areas like speeding fines, accidents and parking fines. You can benchmark drivers against each other and highlight the drivers in need of further training,” Peace said.
The Capital View dashboard can also highlight key information on individual vehicles including average CO2, mpg, vehicle downtime and associated costs, like maintenance and when renewals are due.
In addition, fleet managers can benchmark current statistics against overall company and individual targets.
“We are constantly looking to evolve with Capital View,” said Peace. “We want to empower customers to make more efficient decisions and improve overall fleet performance.”
Phase III is expected to be announced at the end of the year.