Big data is a buzzword in the telematics industry right now.
It describes the utilization of advanced data that is pulled from the Internet of Things (IoT), social media, mobile devices, sensors, applications, and other sources to make advanced, data-driven decisions. This information tracks activities, monitors trends, and compiles historical data that can be used to make more intelligent decisions.
But how does Big Data apply to fleet management?
This analytical process pulls insights from data that was previously inaccessible and presents it in a way that allows enterprise businesses to make better and faster decisions.
Technology allows for the recording of both historical data and real-time data. The integration of both allows for a more comprehensive view of a business’ activities and functionality. Now, what goes on during the production and operational processes is easily accessed by managers and company leaders. Business decisions are no longer a guessing game based on what has worked in the past but instead are made by leveraging real data from a number of sources.
Big data has had a significant impact on the fleet management industry. By connecting devices, vehicles, and drivers, it allows fleet managers to make sound business decisions with greater insight into fleet operations. With these insights, safety is improved, risk is reduced, and cost savings are increased.
Benefits of the use of big data in fleet management:
- Driver Behavior and Safety Coaching
- Predictive Maintenance
- Reduction of Vehicle Downtime
Learn how your fleet can benefit from big data. Download the free guide today.