Video telematics is the process of capitalizing on data collected from fleet cameras or dashcams. Rear-view, side-view, and driver-facing cameras get hooked onto a telematics platform that can enable data transmission and analysis in real-time. As a result, fleet managers can view their drivers from the comfort of their homes. The older generations of dashcams were typically used for collision or post-crash analysis.
However, the advent of machine learning (MV) and artificial intelligence (AI) has changed everything. AI dashcams or ADAS technologies deploy sensors that recognize traffic signs, vehicle lanes, the distance between two cars, or even the levels of a driver’s alertness!
Actions like tailgating or exceeding speed limits generate violation events. Video footage of moments leading up to such reckless driving behaviors gets recorded and is made available for review. Hours of live-streaming clips and driver evaluation get stored on a cloud-based platform. Therefore, it allows fleet managers and insurance companies to search and analyze driver or fleet details.
If you’re a business that runs on heavy/light commercial vehicles, the term telematics platform and GPS trackers may not be new to you. However, the idea of incorporating GPS tracking solutions with cameras might be. The reason you need video surveillance along with GPS services is to get a comprehensive context.
With video telematics, you will assess at-risk drivers and improve their behaviors. Safer drivers make safer fleets. With alerted drivers behind the wheel, you will dramatically reduce your maintenance and accidental costs. You’ll have more timely deliveries and see your bottom line get more productive than ever.
The trucking industry is vulnerable to high insurance rates and accident lawsuits. Hence, video telematics is the perfect solution for businesses in this vertical. Since cameras don’t lie, you’ll be able to use video footage to defend false claims. Provide evidence of what happened and protect your business from expensive legal fees and settlement costs.
Besides, with driver monitoring systems and multiple fleet cameras, you’ll most certainly get a break from your costly monthly premiums. For safety, better productivity, optimum maintenance, and lower insurance costs—you should implement video telematics solutions.