How Fleet management companies are using AI in Telematics?

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In recent years artificial intelligence has been getting traction in the fleet industry. Fleet managers are slowly understanding the importance of AI. Previously they believed that AI would replace them but now that the thought process has been debunked, fleet managers slowly understand how AI can assist them in productivity and streamlining.

AI can help fleet managers to monitor their fleet closely. It doesn’t compromise on cost and efficiency when prioritizing the drivers’ safety. Not only does it help them track all of the fleet operations and decisions but provides route recommendations to the drivers in case of road risk. This combination of AI and GPS tracking makes the lives of drivers easier.

Fleet managers can get a higher level of accuracy, speed to transportation, and accessibility, making good transportation and the driver safer, economical, and faster.

Let’s learn more about how fleet management companies are using AI in telematics for profitability

How Fleet Management Companies Are Using AI In Telematics

  1. AI Fleet Management to Ensure Streamlined Maintenance Schedules

The fleet manager needs to ensure that the fleet is in top condition to operate safely. This can bring numerous challenges if the number of vehicles rises. Failing to maintain scheduled maintenance could lead to rising costs due to emergency maintenance repairs. Not only will this issue disrupt time-sensitive deliveries, but it will also create dissatisfaction among customers.

Various AI tools can help fleet managers with predictive strategies. Most of the time these tools use IoT sensors to detect signs that people may ignore sometimes. These signs may include excessive vibrations or temperature that isn’t normal. This alters the fleet managers so that they can come up with preventive measures in time.

  1. Real-Time Fleet Analytics with AI Fleet Management

Fleet managers need to ensure that their fleet is safe when on road. Implementing such techniques and strategies can be hard and time-consuming. But with the help of an AI-based fleet management system, ensuring the total safety and security of the on-road fleet is possible.

AI-based fleet management systems help in insightful decision-making based on predictive analytics from road condition information, rate of traffic, real-time weather condition, environmental hazard information, etc. These systems help to identify the most optimal route for the fleet to reach its destination. An AI-based fleet management data analytic tool will help track the vehicle maintenance history, status, etc.

  1. Keeping the Fleet Drivers Safer with AI Fleet Management

The safety of the drivers is another concern for fleet management companies. They have to ensure that the drivers are not doing something dangerous on the road while delivering. But to do so they need a tool that cannot help monitor the drivers but also needs to be efficient and cost-effective. In this case, using AI-based fleet management tools is ideal.

Companies that use AI-powered fleet management tools can reduce and prevent on-road accidents, injuries, and even associated lawsuits. Some high-end AI tools can automatically detect drivers with dangerous driving behaviors, like speeding, sudden and sharp turns, or harsh braking.

  1. AI Fleet Management Makes Decision Making Easy

Fleet managers have to make various decisions regarding the fleet and the drivers from time to time. But making the correct decision is hard. They need to analyze everything before they can make a decision. This can be quite time-consuming as well as frustrating.

AI-powered tools are designed to make it easy to identify areas of improvement and provide fleet managers with instant access to check the problems and understand the underlying cause. This will help them to form better preventive strategies while maintaining efficiency and saving unnecessary costs.

  1. Using AI to Reduce Labor Needs in Fleet Management

Various tasks need to be performed correctly to manage fleet companies efficiently. To manage such companies an efficient labor force is a must. The company needs to hire people. The company needs to teach them how to work, and provide them with salaries and various other benefits. Hiring a labor force can put a significant burden on the company’s budget.

In the current scenarios of AI fleet management, it has become possible to gradually reduce the labor needed to keep the company working efficiently. AI fleet management allows fleet managers to navigate huge trucks without a driver on-road. This feature certainly reduces the cost of hiring drivers and managing them.

  1. AI Fleet Management Helps in Increasing the Security

Fleet management companies need to ensure that their fleet operation is under proper surveillance and fully secure. Fleet managers may find it hard to monitor the fleet when they don’t have a proper tool. This can lead to the theft of vehicles and merchandise.

With An AI-powered system, fleet managers can have an array of options that can offer more secure outcomes. AI- facial recognition tools can verify drivers to prevent unauthorized use or an AI- Powered dashcam can record footage of theft or vandalism.

Getting Started with AI Fleet Management Solutions   

Thanks to the application of AI in fleet management, the future of transportation seems extremely promising. With AI-based fleet management fleet managers can monitor the drivers’ behavior, notify drivers when they are driving dangerously, and even support drivers with various instructions. AI in fleet management not only reduces operating expenses and accidents but can also reduce driver turnover. This will impact the fleet service price, assuring the safety of other road users.

FAQs

What are the benefits of AI-driven fleet management?

Here is the list of benefits of AI-driven fleet management:

  • Helps track vehicles in real-time
  • Vehicle routing improvement
  • Provides a safety net for drivers and vehicles
  • Vehicles maintenance cost is reduced significantly
  • Productivity is increased substantially
  • Automating decision making
  • Reduces fuel usage
  • Provides real-time tracking of the fleet

Can vehicles be automated with AI fleet management?

In recent years, automated delivery vehicles have emerged slowly in the transportation industry. The fleet monitors can directly navigate fleet trucks without a driver. This feature will help reduce the cost of hiring drivers.

What are some of the AI-powered fleet management tools?

Listed below are some of the AI-powered fleet management tools:

  • Speech recognition tools
  • Biometric scanners
  • AI-dashcams
  • Machine learning tools