Boosting Efficiency, Safety, and Costs with Telematics

As a fleet manager, you’re making decisions every day that have immediate impacts on your business. Keeping those decisions in check while ensuring they remain aligned with the overall business objectives can create plenty of challenges. Telematics provides managers with the needed information and data about their fleet, allowing them to make more informed decisions.

Imagine always knowing exactly where each vehicle is, how it’s performing, and when it’s out of commission. This constant stream of information empowers you to make decisions tailored to your fleet, boosting efficiency and enhancing driver safety at every step.

The Challenge:

Telematics in Action

Consider the case of an engine manufacturing company with roughly 4,000 vehicles in North America. Their journey with telematics began as a response to an ELD mandate.

In partnership with Holman and their chosen third-party telematics device company, the engine manufacturing company was able to outfit the vehicles affected by the mandate swiftly, a change that has proven to be a game-changer for their operations.

Once they had accessed their telematics data, they realized they had analyzed it whenever a vehicle incident occurred. With this consideration in mind and a wealth of data insights now available, expanding telematics to a greater portion of their fleet vehicles became an obvious next step. They continued using telematics in vehicle incidents (understanding and recreating vehicle incidents) and began implementing driving safety scorecards.

The Solution:

Power of Technology

Holman was critical to the decision of the third-party device. They understood the power technology company’s business, objectives, and the problems they were trying to solve. They leveraged that knowledge to guide them in their decision and through the initial rollout. The impact of the results was seen immediately.

Business Results:

• Vehicle Incidents: Monitoring these incidents, analyzing the data, and understanding that data to make impactful fleet decisions has led to a savings of $4-5 million in accident cost reduction.
• Driver Safety Scorecard– In play for three years (as of 2024), it has shown all the positive impacts you would expect, from changing driver behavior to reducing accidents. This scorecard’s happy, unexpected outcome has been a 15-20% improvement in fuel economy due to driver behavior changes. What’s even more impressive? This improvement in fuel economy translated to $2 million per year in fuel avoided.

Holman makes telematics implementation easy with consolidated contracts and billing, first-level support, device installation, and OEM device integration. Gain insight into your fleet performance to make the right decisions for your business.

How would your fleet perform with telematics?

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