LAS VEGAS, Oct. 2, 2016 /PRNewswire/ -- (American Trucking Associations Management Conference & Exhibition, Booth #541)——SmartDrive Systems, a leader in driving performance solutions that reduce collisions and improve fuel efficiency, today announced the debut of SmartIQ Beat, a blog focusing on a range of transportation industry insights and trends from safety and operations to technology and regulatory compliance, from a unique analytics-oriented viewpoint. Smart IQ Beat Snapshots provide in-depth analysis and metrics of top fleet performance trends based on SmartDrive's database of over 140 million analyzed and scored driving events. The inaugural SmartIQ Beat Snapshot examines one of the major cost drivers for fleets today, collisions.
"The SmartDrive platform was architected to deliver on the promise of big data analytics, which uniquely positions us to provide fleets with advanced predictive and prescriptive insights not available from other solutions," noted Steve Mitgang, CEO of SmartDrive. "With over 140 million analyzed, scored driving events in our database coupled with the continuous telematics data, the high quality analysis we derive provides deep situational and operational awareness to our customers."
The SmartDrive Collision Snapshot for trucking illuminates key observations that distinguish collision drivers (those involved in at least one collision during the analysis period) from non-collision drivers. Notably, data analysis clearly demonstrates that collision drivers are less safe, consume more fuel and are more distracted across the board when compared to non-collision drivers. Furthermore, it is evident that near-miss collisions—particularly those involving a pedestrian—are a key indicator of future collisions. The full Collision Snapshot is available online. Significant findings related to collision drivers, by the numbers, include:
- 26.7 percent higher safety score as compared to non-collision drivers
- 7.5 percent lower MPG than non-collision drivers
- Two times higher near collision rate
- More distracted across all categories
When fleets can leverage insights like these developed from their own individual fleet performance data, company executives and operational managers can identify relevant and predictive trends and develop targeted strategies to improve performance and gain competitive advantage. This study was conducted by analyzing the SmartDrive database of over 140 million analyzed driving events and the accompanying continuous telematics data. Only the Trucking Industry Vertical customers were included in this study. Data presented covers the period from August 2015 through July 2016.
With veteran fleet safety expert Don Osterberg aptly noting that, "Safety is about big understanding, not big data," SmartIQ Beat offers opinion and outlook on the challenges fleets face in harnessing the power of expanding quantities of data as well as the value of analytics-driven insights to address a variety of operational priorities. Future SmartIQ Beat Snapshots will focus on topics ranging from distracted drivers to tenured versus new drivers, active safety system performance and fuel consumption. To learn more, visit http://www.smartdrive.net/category/in-the-news/ or stop by the SmartDrive booth, #541, at the American Trucking Associations Management Conference and Exhibition, Oct. 1-4, 2016 at Mandalay Bay in Las Vegas, NV.
About SmartDrive Systems
SmartDrive Systems, the recipient of Frost & Sullivan's Customer Value Leadership Award for Video Safety Solutions, gives fleets and drivers unprecedented driving performance insight and analysis, helping save fuel, expenses and lives. Its video analysis, predictive analytics and personalized performance program help fleets improve driving skills, lower operating costs and deliver significant ROI. With an easy-to-use managed service, fleets and drivers can access and self-manage driving performance anytime, anywhere. The Company, which is ranked as one of the fastest growing companies by Deloitte's Technology Fast 500™, has compiled the world's largest storehouse of more than 140 million analyzed risky-driving events. SmartDrive Systems is based in San Diego, Calif., and employs over 500 people worldwide.
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SOURCE SmartDrive Systems