7 Essential Data Capabilities of Telematics Devices
April 12, 2013 12:21 PM
zirconicusso - Fotolia
1. Basic data monitoring
Track core measurements such as miles driven, time of day and rate of speed.
Sashkin - Fotolia
2. Driver diagnostics
Use hardware to identify risky behaviors, e.g., hard braking and cornering.
Erwin Wodicka - wodicka@aon.at/Gina Sanders - Fotolia
3. Asset/enviro impact analysis
Using the data, glean reports on metrics such as fuel consumption, efficiency and carbon footprint.
Sergey Nivens - Fotolia
4. Advanced driver diagnostics
Use device features for advanced trip logging, driving metric trends and mash-ups with third-party data.
AKS - Fotolia
5. Vehicle and other services
Value-add services such as accident notification (especially appealing to parents concerned about their teenage drivers), vehicle recovery, navigation, geo-fencing and alerts.
Ray Woo/raywoo - Fotolia
6. Driver feedback
Provide drivers with not only useful feedback, but price incentive to act on that feedback, which can provide customized tips for improving driving habits.
joreks - Fotolia
7. Modeling datasets
Historical telematics, premium and claims data is readily available and waiting to be used for analytics and modeling purposes.