Do you want to support the safety and efficiency of your fleet while also reducing insurance costs and minimizing vehicle downtime? Implementing video telematics is the answer. AI-powered dash cameras, integrated with telematics, provide valuable insights which can improve fleet efficiency and safety. Here are five reasons you should consider implementing video telematics today.
1. Improve driver behaviour coaching and training
Video telematics systems are invaluable tools for improving driver behaviour and training in fleets. By using video footage and driver performance data, fleet managers can identify risky driving behaviours, such as distracted driving, before they lead to potentially costly incidents. Vehicle telematics can track speeding, harsh braking or sudden movements, and alert drivers when they are not following best practices. This allows for timely intervention before any dangerous situation occurs on the road or any incident takes place due to unsafe practices.
Video telematics also provides insight into a driver's skill level, allowing managers to quickly pinpoint areas of needed improvement. A 2021 Nationwide Insurance report cites data showing that when businesses can use dash cam footage to support their in-person driver coaching, safety-related events drop by 52 per cent.
The video telematics systems allow for near real-time coaching and feedback, enabling drivers to correct their behaviour quickly. Provide your drivers personalized training recommendations based on their individual driving habits and generate automatic reports to track progress over time to ensure that they are performing safely and efficiently.
2. Lower insurance costs and protect your drivers from false claims
Employing video telematics technology can help businesses significantly lower their insurance costs and protect their drivers from unjustified claims. The data it collects can be used to improve safety standards by highlighting any trends or patterns in the way their drivers operate.
If an incident occurs, video footage can be reviewed quickly to investigate what happened — providing clear evidence that is difficult to refute. This reduces the risk of costly litigation while giving businesses peace of mind, if a claim is made against one of their drivers. The information collected can also be used by insurers when calculating rates, which may lead to reduced premiums over time to prove that employees follow best practices and regulations. Fleet Equipment Magazine cited a study conducted by AXA Insurance, finding that the intuitive insights from video telematics have reduced commercial truck accidents by 35 per cent.
3. Access real-time and historical video footage and data
Through real-time video footage and data, fleet managers can monitor driver activities — such as speeding, distracted driving or any other risky behaviour — helping them keep their drivers safe. In addition to enabling managers to be proactive in preventing potential maintenance issues, these systems also allow for long-term analysis of vehicle performance over time. With data from dash cameras and ELDs, fleet managers can identify areas of improvement such as fuel efficiency and safety. This data can then be used to adjust vehicle speeds for better fuel economy, create improved safety guidelines, or other measures that will contribute to overall fleet performance.
4. Reduce idle times and vehicle emissions
Video telematics data can help you implement eco-driving initiatives that help reduce fuel consumption and emissions. For instance, alerts can be triggered when a vehicle is idling too long, so that appropriate corrective action can be taken. Detailed reports on driver behaviour and vehicle performance allow businesses to identify areas where fuel efficiency could be improved, such as sudden braking, rapid acceleration and cornering or speeding, all of which can lead to increased fuel costs and emissions levels.
5. Minimize vehicle downtime and maintenance
The deployment of video telematics systems is an efficient strategy for organizations to reduce both vehicle downtime and maintenance fees. By tracking vehicle performance in real-time, companies can quickly identify issues and resolve them before they turn into costly problems. Detailed diagnostics offered by such solutions allow businesses to diagnose automotive issues, prolonging the lifespan of their fleet.
Predictive maintenance is another beneficial capability of video telematics systems that can help minimize repair costs and vehicle unavailability. This technology uses machine learning algorithms to detect patterns in engine data and anticipate when component failure might occur — allowing businesses to take preemptive action before expensive repairs are required. Automated notifications can be configured for routine maintenance such as oil changes or tire rotations, allowing vehicles to remain in optimal condition.
Video telematics solutions provide businesses with powerful insights and control over their fleet. Whether you’re a growing business or a large enterprise, these solutions can help you maintain a healthy and efficient fleet. And take proactive measures to reduce maintenance costs, and extend the lifetime of their vehicles.
Determine your readiness to implement a video telematics solution and assess potential cost savings with our simple readiness self-assessment. Learn more about TELUS Fleet Management solutions at telus.com/Fleet.