Case Studies > Intelligent Telematics uses IoT to improve fleet safety and cut insurance costs

Intelligent Telematics uses IoT to improve fleet safety and cut insurance costs

 Intelligent Telematics uses IoT to improve fleet safety and cut insurance costs - IoT ONE Case Study
Technology Category
  • Functional Applications - Fleet Management Systems (FMS)
  • Networks & Connectivity - Cellular
  • Sensors - Camera / Video Systems
Applicable Industries
  • Transportation
Applicable Functions
  • Logistics & Transportation
Use Cases
  • Vehicle Telematics
The Customer
Intelligent Telematics
About The Customer
Intelligent Telematics are telematics market leaders with their IT1000 3G integrated vehicle camera serving corporate fleet operators, insurance providers, and telematics companies worldwide. Founded in 2013, their sophisticated technology breaks new grou
The Challenge
“IoT plays a critical role in keeping costs down. If a third party takes hold of a claim, costs spiral out of control,” says Sam Footer, Head of International Business and Strategic Development at Intelligent Telematics. Typically, corporate trucks and taxis are blamed for crashes involving consumer cars, prompting companies to often settle claims to avoid going to court.
The Solution
By partnering with Cisco Jasper to leverage both their IoT connectivity management platform, Control Center, and their extensive network of mobile operator partners, Intelligent Telematics has been able to expand their global reach across Europe and the U.S, as well as Africa, Australia, New Zealand, and Malaysia. To simplify the complexities of managing connected devices around the world, Control Center enables the company to continuously monitor data usage and use automated rules to activate and deactivate SIMs and adjust rate plans to avoid unexpected roaming charges.
“We’ve had customer fleets set up with a UK data package, then expand their routes to roam across Europe. Using the Cisco Jasper platform, we were able to automatically switch their SIM to a European data plan,” notes Footer.
With these highly sophisticated cameras, IoT automation is also important in managing unpredictable spend caused by inadvertent over-usage of data. For example, if a driver tampers with the camera or removes it from the windscreen, the device instantly starts streaming data. Footer explains, “If we didn’t have a rule set within Control Center to switch off the SIM when it reached a certain threshold, there would be very high data overage charges billed to our account.”

Operational Impact
  • [Management Effectiveness - Data Analysis]
    With insight into speed, cornering, traffic lights, road warnings and more, the company can tailor training to help drivers prevent accidents, identify and address trends in driver fatigue, and even reward drivers for safe behavior.
Quantitative Benefit
  • Footer notes that analysis of 2,000 commercial vehicles showed that using their IT1000 camera over a six month period reduced accident frequency by 45 percent on average, and reduced collision claim costs by 27 percent as a result of instant intervention. “We identified that 65 percent of recorded accidents were in fact avoidable, highlighting the clear opportunity to improve fleet safety levels through targeted driver engagement,” adds Footer.
  • IT1000 customer FleetSeek, a logistics solution provider in Australia that has seen a 50 percent drop in accident claims against the business.
  • Enabling companies to immediately capture footage based on trigger events such as doors or fuel caps being opened has reduced thefts from nearly six per month to almost none.

Case Study missing?

Start adding your own!

Register with your work email and create a new case study profile for your business.

Add New Record

Related Case Studies.

Contact us

Let's talk!
* Required
* Required
* Required
* Invalid email address
By submitting this form, you agree that Asia Growth Partners may contact you with insights and marketing messaging.
No thanks, I don't want to receive any marketing emails from Asia Growth Partners.
Submit

Thank you for your message!
We will contact you soon.