We have come away from the traditional tracking methods of a fleet management system. The software now has evolved into a holistic management system that allows fleet managers to not just operate, but also optimise their fleet.
Video telematics software is the product of the constantly evolving system. But before we get into the ways video telematics might affect your business, it is important to have a good understanding of what the solution is. Let us learn through this article, a complete guide to your system and ways to use it.
What is a Video Telematics System?
Traditionally, a fleet management system sent managers alerts to inform them of their drivers’ activities. But video telematics takes this one step further. All events registered under this solution not only send managers textual alerts, but also visual proof accompanying these alerts.
This system is tasked with reducing instances of distracted driving on the road. It also alerts both drivers and managers of any potential threat to their vehicles. This includes collisions and traffic signal violations. The Video telematics system consists of two different parts. This includes:
Driver Monitoring System (DMS)
Driver Monitoring System helps fleet businesses maintain visual surveillance over their drivers, It operates via dash cams that record drivers and sends managers visual proof every time a driver is distracted. The events that trigger alerts for managers viewing are customisable. But here are a few most commonly used:
- Camera Blocking
- Driver Absence
- Distracted Driving
Advanced Driver Assistance System (ADAS)
This system is responsible for alerting managers and drivers of any danger that they might encounter in real time. This can be anything from sudden lane shifts to collisions. It allows drivers to prepare and take preventive measures in time, thus solidifying vehicle safety.
Managers also have a chance of investigating the reason behind such alerts. This means they can implement changes to avoid such dangers, boosting the quality of the fleet. Just like DMS, ADAS also does not operate on set alerts. Instead, businesses have the freedom to choose the events they want to integrate with ADAS. This might vary based on the nature of their fleet.
Why does your fleet need Video Telematics Software?
Now that we know how video telematics software operates. But you might be wondering if it is really for your business. Your business might not be facing issues that this system solves, right? Well, here are a few signs to look out for in your fleet when deciding whether to integrate video telematics with your fleet management system or not:
You Pay High Insurance
Insurance is very important for fleets, especially ones that carry consignments from one place to another. But most insurance companies have pre-made plans designed for fleets. This means you pay the same amount for all your vehicles. This can hit your budget like no other.
When you have a video telematics system integrated with your fleet, insurance companies can be negotiated for a lowered premium. This is because the added layer of security will reduce the accidents vehicles encounter on roads. This means the company will have to spend way less on insurance claims. Thus, your business will also save on this cost.
Video telematics also aids the process of claiming insurance. This is because, with visual evidence, it is easy to see how an accident occurred. This makes it easier to prove the innocence of drivers as well.
Your Vehicles Encounter Accidents Often
Well, this one is very obvious, isn't it? No fleet business wants to spend money on unnecessary repairs for their vehicles. But this becomes inevitable when your drivers keep getting into accidents. This is why owners must invest in a good fleet management system offering a combination of good solutions.
Video telematics can be the step your fleet requires to become safer on the roads. Under constant science, your drivers become aware of their actions while driving. They make effort to be more attentive towards their practices.
Adas too allows drivers to become cautious of their vehicle’s surroundings. This means that they receive alerts about any dangers they might encounter, even if it is not their fault. It helps keep the vehicle in good condition for longer.
You Want to Access Your Driver’s Real Time Activities
It is only natural to want to see if your driver is being careful of their actions. This is because a lot ride on their back when they are on the road. 14-17% of accidents are caused by distracted driving. So if managers want to ensure that their drivers pay full attention to the task at hand, they can look into integrating video telematics solutions with their fleet operations.
The dashcams installed in vehicles and linked to the vehicle tracking software use advanced AI to detect any signs of drowsiness or distractions that the drivers might exhibit. Upon such suspicion, they immediately issue an alert for the manager along with a clip of the driver,
Managers are then free to investigate the situation further. In case the driver is sleepy, a manager can instruct him/her to take a nap or rest for some time.
You Have a Fleet That Runs on Roads
Lastly, any fleet that is functioning on the road can benefit from buying video telematics for their operations. This is because whatever the nature of the fleet, security is always a top priority for owners. This is why we have mentioned, video telematics is no longer a mere luxury for fleets but instead, it is a requirement.
Some Benefits of Video Telematics System
Having video telematics solutions for your fleet can garner many advantages. These include:
- Profitability: A fleet that prioritises the safety of both drivers and their vehicles means they adopt smooth operations for their business. Such acts and choices help fleets become productive, helping them complete more tasks. This ends up being translated directly to monetary gains for the owner.
- Driver Retention: A driver that feels his safety is being taken care of will be more willing to work with your business. This can ultimately result in a turnover rate diminishing. Drivers will also be able to showcase their good work through the reports generated by the solutions. This means their efforts can come to light and they stand for receiving incentives.
- Better Clientele: A business that executes tasks efficiently without any errors will garner good client reviews. As we know, a satisfied customer is any business’ biggest ambassador. Thus, your company will be able to expand its clientele as well. Your good reports can vouch for your quality of work.
- Educated Decision-making: Video telematics solutions of the fleet management system generate reports highlighting the issues faced by the fleets. It also lets managers know about their fleet’s productivity. Thus, managers can use this information to make changes in the business for optimisation. They can also form training programs for their drivers.
I hope reading this article has helped you make up your mind about integrating video telematics solutions with your business. Adapting to new technological advancements is the only way for businesses to expand and achieve greater heights. So why let such an opportunity go?
TrackoBit, the leading fleet management system in the market has the best combination of solutions that can completely transform your fleet. What is better is that you get to do this on your terms. Customise your system as you like and witness the transformation for yourself.