Transform Your Fleet with Big Data
At this moment, your fleet is generating thousands of data points. This data can provide solutions to the greatest challenges facing the transportation industry. Omnitracs’ predictive fleet analytics can leverage your data to build customized models that explain why events occurred, as well as suggest action plans to avoid them in the future. This insight empowers fleets to learn from past mistakes and to make intelligent decisions.
Benefits of Predictive Analytics
Reduce Accidents with Predictive Safety Analytics
The number of accidents and injuries involving large trucks continues to rise and, according to the FMCSA, 58 percent involve at least one driver-related factor. With an average cost of 330,000 dollars for an injury due to an accident, an unexpected spike in these incidents can put a fleet in serious jeopardy.
Contrary to popular belief, the vast majority of accidents are not random but are the result of a gradual change in driver behavior. Omnitracs Analytics’ software with predictive modeling can pick up on these subtle changes and recommend remediation plans to address issues well before they result in dangerous behavior — and an expensive accident.
Don’t Let Driver Shortages Stunt Business Growth
With rising demand and an aging workforce, there’s a great deal of discussion about future driver shortages. To provide great service to existing clients — and take advantage of new business opportunities as they arise — having enough well-trained, reliable drivers is critical. Positioning your fleet for success requires retaining high-performing drivers and investing in promising new talent.
Historical data shows a clear pattern of subtle, yet impactful, behavior changes that foreshadow a driver leaving. The predictive models in our transportation analysis software harness the power of this data, resulting in an impressive 13 percent average reduction in driver turnover across all customers.