Every fleet of any size in today’s bottom-line driven market is looking for opportunities to be more efficient. And that means turning fleet management data into actionable insights is increasingly necessary to maintain and grow fleet operations.
Today, most fleets use a telematics solution in one way or another, whether for vehicle tracking or more advanced fleet management initiatives. With telematics comes vehicle and asset data. These raw, unprocessed facts about your fleet are usually in the form of numbers and text, and primarily exist in computer-friendly formats that usually live within databases and spreadsheets.
Without too much trouble, fleet managers can work with their telematics provider to turn that raw data into actionable vehicle information that’s been processed, aggregated and organized into a user-friendly format for more context. Frequently, this vehicle information is delivered in the form of data visualizations, reports and dashboards.
This might sound like all you need. However, if this information only shows vehicle idle reports or fuel usage but without insights into how you can improve upon them, you’re left with just a pretty chart.
Enter Insights, particularly actionable ones. Actionable insights are generated by analyzing information and drawing conclusions you can then apply to driving business. Turning vehicle data and information into something meaningful is key to improving operational efficiencies.
Actionable insights help fleets reduce idle time and fuel usage, as well as identify hours of service violations, driver availability, diagnostics information and more across assets, over time. Some can even be reviewed with drivers in real time to coach safer, more efficient behavior.
Knowing what the data tells you and how to apply it is critical to making the most of your telematics solution and, in turn, your fleet.
While the promise of actionable insights in fleet management is alluring, it’s often just more data or information—not actual, useable insights. Data, information and insights are not synonyms. Make sure your solution takes, assesses, aggregates and analyzes the data from your vehicles and assets to create meaningful business and/or driver-facing insights that can be easily acted upon to optimize your fleet operations.
