The Role of AI in Telematics: Unlock Your Full Fleet Potential

What is The Future of Telematics?

The telematics industry has existed for well over a decade. The use of telematics technologies in the transportation sector has grown since 2010. Although this technology is still developing, conventional approaches have provided fleet operators with better ways to enhance fleet productivity, reduce expense, and improve driver safety standards.

Currently, just 30% to 40% of all U.S. fleet operators are using telematics technology. Of these early implementers, more than 66% of the businesses that use these telematics solutions were able to recover their investments.

Telematics has a more promising future than ever. Due to declining technological costs, the telematics market is anticipated to expand in both acceptance and innovation. By 2022, this industry will be worth well over $103 billion.

The Benefits of AI in Telematics

Beyond conventional telematics solutions, an AI-powered solution has many advantages.

We've listed the advantages of using AI in telematics below:

1. The Integration of AI and Automation

The capacity of AI technology in telematics to provide drivers with real-time feedback and prevent potential accidents before they happen is one of its most potent advantages.

Automation and AI work together to transform insights from AI into actionable tasks. You can utilize automation technology to curb risky driver behavior, incorporate driver coaching and feedback, predict risk in your route plans, and help resolve safety concerns before they turn into costly errors.

Tourmo’s AI-powered solutions can significantly impact your overall sustainability goals. Tourmo’s automated workflows can monitor fuel use and suggest the best action when identifying driving behaviors known to increase fuel consumption. 

2. Identifying Trends

Identifying patterns in big data has been made possible by AI technology, which you can use to drive intelligent decision-making and enhance your current operational processes.

You can analyze big data gathered by telematics systems using artificial intelligence technology with machine learning capabilities to reveal valuable insights surrounding driver behavior, fuel use, safety, and maintenance issues.

3. AI and Advanced Analytics

This functionality alone has the potential to transform operations from reactive decision-making management policies to cost-saving predictive management policies, capable of anticipating problems before they become expensive obstacles to fleet operations.

Fleet managers previously had access to enormous amounts of telematics data. Integrating big data back into fleet operations turned out to be tedious.

The big data that forms the basis of many AI-powered solutions is used to deliver reliable and actionable insights into fleet operations. With these AI-powered insights, cost reduction, increased efficiency, maintenance issue prediction, and improved driver behavior are all possible and drive financial benefit to the organization

4. Improved Driving Behavior

Driver behavior can be effectively monitored and improved with the help of AI technology. Fleet managers can be confident that drivers will be consistently encouraged to practice safe driving habits whenever they are on the road when using AI technology combined with automated tasks.

Tourmo’s AI-Powered Platform

Fleet businesses may reduce their reliance on human data analysis and manual tasks thanks to Tourmo's technology, which transforms big data into actionable workflows to drive daily decisions or awareness in critical areas of the operation.

Tourmo’s AI-powered workforce solution delivers automation, task management, insights, and transparency across fleet organizations to help uncover value from big data and integrate it back into business workflows. Features include:

• Fully integrated business intelligence suite
• Workflow automation
• Configurable or automatic performance thresholds for actions
• Measure & track KPIs
• Alerting & reporting

Tourmo’s AI-powered platform can collect and combine information from your current data sources, including telematics and other point solutions. Tourmo’s patented AI technology can be used to produce objective, accurate insights free from errors.

Tourmo AI — Unlock Your Full Fleet Potential

Adopting cutting-edge telematics solutions will help your fleet operations acquire a significant competitive advantage. These technologies can enhance driver performance, increase fuel efficiency, offer real-time fleet operations monitoring, and more.

According to experts, AI in telematics will allow fleet operators to employ significant data insights to improve safety standards dramatically, cut costs, and maintain flexibility in the face of rapidly shifting market trends.