Streamlining fleet operations: how to access ‘insider’ information?

Company Focus

Fleet and operations managers are under constant pressure to streamline processes and to squeeze even more value from their vehicles. The question is, how do they do this?

Some organisations are like well-oiled machines with issues proactively managed, allowing them to run finely tuned fleets with reduced business risk. Largely, this is because they’ve adopted new technology‑driven ways of managing their fleets.

The question is: how do they access real‑time insights to run their organisations with the kind of clockwork precision that allows them to streamline processes and consequently cut costs? As you might expect, most fleet managers use telematics, particularly those with enterprise-sized fleets. But that’s an incredibly broad term and the market is undergoing some striking innovations, not least because of the speed and connectivity empowered by the Internet of Things (IoT). In fact, over 6.4 billion devices are already connected and the IoT is growing at 23 per cent per year with many of the most powerful benefits coming to transport and related industries.

So, if you’re looking for ways to streamline your operation you must look at solutions that allow you to acquire insights that help you to know everything about how your fleet is operating, without needing to be present. Leading fleet and operations managers do this by deploying end-to-end systems to gain ‘insider level’ information.

A connected approach

End-to-end connected intelligence is key
Given that the point of streamlining fleet operations is to cut costs and deliver a more efficient, resource-optimised organisation back to the business, only a connected, end-to-end approach will do. Why? Because silos of information don’t deliver powerful transformation. Only by monitoring everything from vehicle locations and their ‘health’ to when those resources need more investment (changing driver behaviour or undertaking vehicle maintenance) will you truly get inside how to best streamline operations.

Consider a telematics solution that monitors every aspect of every vehicle and driver’s day. Doing so allows you to draw macro level conclusions and spot emerging performance trends. However, it also allows you to take preventative action so that you can keep ‘resources’ working at optimal levels. For example, being able to remotely diagnose vehicle faults as they occur is important in its own right, but when combined with other vehicle information such as driver behaviour you can begin to shift from a reactive to a proactive stance.

Getting your hands on the right intelligence is just the start of the challenge. As with many service industries these days, time‑to-insight is key – and that demands the bringing together of the broadest possible suite of telematics data with the ability to act on the insights it holds. Fleet and operations managers who have created market-leading organisations invest in precisely this powerful combination. This is where the O2 Smart Vehicle solution comes into its own.

Geo-technical Engineering company, Van Elle, uses O2 Smart Vehicle because of the strength of its on-board diagnostics together with a real-time understanding of the whereabouts of drivers, their behaviour and its impact on vehicle health and maintenance costs. Viewed through a single dashboard, which enables rapid access to insights, Van Elle has been able to make far more rapid decisions, maximise the utilisation of its fleet and better plan for the future, while eliminating previously unidentified costs.

Onboard powerful operational

It’s not simply that the depth and speed of insights provided by O2 Smart Vehicle helps you tighten processes and streamline fleet operation. Calculations show that a company with a fleet of 1,000 vehicles doing 20k miles per year can save up to £1 million by using our solution. Why? Well a lot of that comes down to its ability to generate ‘insider’ information. The fact that we collect data across nine key areas and the O2 Smart Tracking diagnostic codes database contains 6,000 vehicle engine codes means that we can monitor the health of each vehicle down to the finest detail.

This makes it possible to identify issues before they become expensive problems that remove your assets and people from the road, and lead to potential loss of revenue.

Why act now? Your competitors are embracing end-to-end, real-time telematics – today. With it, they have far deeper and more timely knowledge to shift from a reactive to proactive management stance, cutting costs and keeping their fleet healthier and more able to support revenue generation. In so doing they are able to transform their organisations from the ground up, increasing productivity and differentiating on enhanced customer satisfaction.

These facts make now the perfect time to discover O2 Smart Vehicle and the powerful difference it could make to fleet management and your organisation as a whole.