Discover how Geotab Data Intelligence revolutionises fleet management by harnessing the power of vehicle data through advanced analytics and AI, providing actionable insights to optimise operations.
As a fleet operator, you face numerous challenges, from maximising vehicle performance and controlling fuel expenses to ensuring driver safety and compliance with regulations. Achieving peak efficiency and productivity amidst these priorities can be challenging without timely and insightful data delivered through the right channels.
This is where Geotab Data Intelligence comes in. By leveraging cutting-edge analytics and AI techniques, Geotab Data Intelligence empowers you with robust capabilities to unlock valuable insights, enabling informed decision-making.
The Power of Geotab Data Intelligence
Geotab’s extensive network of over 3.5 million connected vehicles offers a treasure trove of data to address real-time fleet management challenges and support decision-making for fleet managers and stakeholders. Geotab Data Intelligence encompasses the collection, analysis, and utilisation of this data, extracting insights and recommending actions to overcome the diverse business challenges faced by fleet operators.
With over 22 years of experience in fleet management, Geotab possess profound expertise in understanding the data and its potential to drive informed business decisions. The Geotab team comprises domain experts, product managers, data scientists, data engineers, machine learning engineers, and other data practitioners who collaborate to unlock valuable insights for our customers.
Supported by a robust platform capable of processing over 55 billion data points each day, Geotab Data Intelligence prioritises delivering the highest quality data in the industry. We have implemented stringent data quality processes and enforce strict privacy policies to safeguard the data we handle. Privacy is ingrained in our culture, and we embrace privacy by design.
In addition to the data collected from millions of connected vehicles, we integrate alternative data sources to provide additional context for the challenges faced by our fleet customers. This includes diverse data types such as location, speed, fuel consumption, engine performance, and driver behaviour.
The Geotab Data Intelligence Framework
Geotab Data Intelligence employs a range of analytical techniques, including predictive and prescriptive modeling, machine learning, and other AI-based technologies, to deliver valuable insights. The outcomes of Geotab Data Intelligence are presented in easily understandable forms, such as:
- Curated and aggregated data that simplifies analysis and offers fresh insights.
- Benchmarking data, enabling comparisons between a single vehicle or fleet and its peers in the market based on their specific use or “vocation.”
- AI-powered predictions derived from machine learning models, providing insights into potential events like collisions or predictive maintenance.
- Recommendations for optimal actions to be taken, such as new zones or routing plans, based on the generated insights.
The Geotab Data Intelligence framework provides a visual representation, highlighting all the key components of our process and their correlation in generating various types of valuable data insights.
image source: Geotab.com
Are you using the right type of vehicle?
In addition to rightsizing, it’s important to ensure that you are using the right type of vehicle for each specific task. Assessing the purpose and utility needs of each assignment can help you determine whether a smaller vehicle would suffice instead of a larger truck, for example. Making accurate projections and having the correct type of vehicles assigned to each task are critical for a successful electric fleet strategy.
Improving efficiency of your current fleet
Improving the efficiency of your current fleet is another crucial step in preparing for EVs. By encouraging your drivers to adopt fuel-efficient and eco-friendly practices, such as avoiding excessive speeding and harsh braking, you can reduce fuel consumption, CO2 emissions, and improve overall fleet safety. Implementing driver scorecards or custom alerts can help you monitor and incentivize positive driving behaviours. These improvements will carry over when you transition to EVs, as speed plays a significant role in maximising the range of your electric vehicles.
Optimise your routes
Route optimisation is another strategy that can help you increase fleet efficiency and maximize the utilisation of your vehicles. By always taking the most effective routes, you can achieve the most significant TCO savings with your EVs. Route optimisation can also help identify unnecessary routes and opportunities for route consolidation, potentially reducing the total number of assets in your fleet. However, it’s crucial to consider the daily driving distances and ensure they remain within the range capabilities of your EVs.
Start assessing EV suitability
To understand your fleet’s electrification potential, conducting an EV Suitability Assessment (EVSA) is highly recommended. By analysing your telematics data, an EVSA can help identify which vehicles in your fleet can be replaced with EVs, along with potential cost savings and avoided CO2 emissions. Conducting an EVSA regularly, especially when vehicles reach the end of their lifespan or lease period, ensures that you don’t miss any opportunities to electrify your fleet. It also allows for piloting EVs to gain valuable insights and experience before transitioning a larger portion of your fleet to electric.
Get started today
Even if you’re not ready to go electric immediately, there are still proactive steps you can take to prepare for the transition. By optimising your fleet operations now, you can ensure that your fleet is in the best possible position to reap the benefits of EVs when the time is right.
If you’re looking for more detailed information and guidance, we invite you to download our ebook, “The Complete Fleet Electrification Roadmap.” This comprehensive resource covers the entire journey of fleet electrification and will provide you with valuable insights and strategies to help you navigate the transition successfully.
At Fleet Complete, we are committed to helping you optimize your fleet operations and implement a successful electric fleet strategy. Contact us today to learn more and start preparing for the future of sustainable transportation.
If you would like to take our fleet management system for a spin to see how it can help you reduce your fleet costs, get started today. Try our Fleet Complete demo.
This article was originally published by Geotab on the 7th June 2023.
