How the corporate fleet is being revolutionized?

How the corporate fleet is being revolutionized?

Fleet owners of corporate sectors are percolating the changes in their fleet by transiting their fleet from reactive to proactive with the use of connected technology. The technology of connecting vehicles has proven to be the turning point in the global economy, whilst leaving their impacts utterly on every sector of the industry, with fleet management be one of this multi-faceted change.
Besides vehicle connectivity, other factors contributing to this revolution is the migration to the IOT and the use of big data. Considering the aforementioned changes, they will be responsible for all aspects of fleet management from vehicle selection to maintenance management and the safety of the fleet. Big data being the sophisticated tool for analyzing, will help fleet managers to understand the relationships, recognize the trends and establish the new metrics for enhancing productivity and operational efficiency. For instance, data can be evaluated to identify the driving behavior trends for past accidents, and corrective measures can be done to circumvent the incidents.
Big data allows access to a huge amount of raw data of the fleet. This raw data can be used to take actions which will have a significant impact on all kinds of fleet regardless of their size and vocation. These next-generation productivity tools will aggregate and correlate massive amounts of data and turn these data points into the industry’s new best practices that, in turn, will evolve into the new best-in-class standards that will drive our industry.
If we say that productivity of the fleet revolves around the telematics it is not wrong. Since the adoption of telematics by the fleet owners, the fleet productivity tools have been swiftly progressing. The standards of collecting data between the telematics providers and their devices have been drastically improved. For instance, the data generated by the vehicle, when combined with the data of predictive maintenance and its own maintenance schedule will allow fleet managers to prevent the breakdown of vehicle and replace them on vehicle-by-vehicle basis rather than a generalized replacement for all vehicle. This strategy will not only prove to be cost-effective but will also be time-efficient.
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Distracted driving – It’s not just your cell phone

Distracted driving – It’s not just your cell phone

While the technology has allowed us to stay connected more than ever before but it has also produced the distracted drivers more than ever before. Distracted driving is one of the most serious concerns of roadways safety. Although some distractions are unavoidable but there are some actions that can be taken to avoid the possible distractions and can be used for keeping the focus on road.
According to the survey, there is accumulating evidence that 25% of all the vehicle crashes are because of driver distraction and driver inattention. Moreover, it has also been proved that distracted drivers are two times to 48 times more likely to get into the collision. The average time that a person looks down at his cell phone to text or email while driving is equivalent to the length of the entire football field at the speed of 55 mph with one’s eyes closed. The drivers that use their cell phones are reported to involve in 18% of fatal car crashes.
It is very important to understand the types of distraction. Distraction can be visual, Cognitive or manual. Visual distraction are the distractions that make you take your eyes off the road such as inputting an address in the GPS, placing a call, or reading a text while Cognitive distraction can be referred to anything that removes your mind from the task of driving, such as answering an incoming call, frustration with traffic or other drivers, or even daydreaming. Manual distraction requires you to take your hands off the wheel such as picking up something you drop, eating, grooming, or plugging in a power adapter.
Another possible distraction that can prove to be fatal is the external distractions such as rubbernecking as you approach an accident, window-shopping as you pass a mall, or looking at the scenery. The key to avoiding distraction is to stay focused on roadways and familiarize yourself with the vehicle’s system before setting off the road.
Stay safe and focused on roadways to avoid unpleasant incidents.

Why the utilization of assets matter?

Why the utilization of assets matter?

While managing a fleet, one needs to produce the optimal replacement schedule for each individual vehicle but have you ever thought for taking an extra step for executing the utilization analysis for the fleet as a whole?
The key to optimizing the cost of your ownership and utilization rate is knowing the details of what is going on with your fleet. For making the right optimal decision, one needs to know when the vehicles are being used, for how many days during the week and for how many hours of the day. Understanding the preferred choice of the vehicle by the driver, choice of vehicles for the trips, and understanding the vehicle specification needed for those trip will help in determining the vehicle’s utilization category which will help in determining a strategy that ensures the fleet is operating at perfect levels at all times, and that no vehicle is being under or over-utilized.
The utilization of assets can be categorized into four levels: reduce, replace, redistribute or monitor; depending on the threshold level established for the replacement and utilization. With the in-depth analysis of the entire fleet with Eagle-I fleet management and vehicle tracking software, you can easily categorize your fleet in the above-mentioned metrics.
Eagle-i has extensive experience in fleet management and has the report that will give you the overall overview of the fleet utilization. Reports are exportable into multiple formats like XLS, PDF, CSV and more. Moreover, reports can be sorted and customized in ascending and descending fashion as per utilization or distance traveled.
Eagle-I Summary Per Asset section gives detailed insight on the cost incurred by each asset as well as the performance of the asset for the selected date and time range. To ensure the best out of your assets, utilization asset is critical. With proper utilization analysis, you can get large dividends along with a more productive and efficient fleet capable of responding to any challenge the company might face.
Eagle-i offers several modules in the fleet management system that can help you in getting most of your fleet in different aspects from different measurable parameters.
Please call Mr. Jamal +966 56 638 7859 or write us at new@dms-ksa.com for a meeting to get it clarified fit for your needs.

Fatigue: the overlooked reason behind most of the accidents

Fatigue: the overlooked reason behind most of the accidents

In our previous articles, we focused that how telematics can be beneficial for fleet owners. Whether to increase the productivity and efficiency of the fleet or just to track the movement or the assets, it offers all. But eventually, it all comes down to the safety of the drivers, passengers, and assets. Eagle-I being the ultimate fleet management application, provides a set of tools to achieve most out of the fleet by monitoring utilization, driver behavior, routes taken, and much more. It generates a drivers’ scorecard with complete details of their driving behavior.
Being the pioneers in the telematics industry, Digital Myth Solutions not only serves the industry with latest technologies and advanced features but we also provide insight on the issues the fleet owners are facing or may encounter, through our observations and feedback from our valuable customers. Our core purpose is to make roads safer and transportation more efficient.
What we have observed is the fleet owners tend to reward the drivers who are spending more time on the road. Higher the numbers that they see on the ‘distance traveled’ column, the better the driver is. But here we are encouraging a dangerous trend. The drivers always try to do jobs beyond their duty hours to earns some extra cash for their overtime works and with rewarding them for the high number of work hours is encouraging them to do more.
Forcing our drivers to do more is not the best choice. In fact, it should be taken as a factor of inefficiency. The reason is simple, the more a driver spends time on the road, higher his fatigue level will rise and eventually the risk of accident drastically increases. Most of the accidents happen due to the lake of concentration, which means a lack of sleep and overburdened routines. Whether these routines are forcefully implemented or the drivers choose to earn rewards, either way, it should be discouraged. There should be a limit to the maximum allowed work hours, and if the driver scorecard indicates such a value, the score of that driver should be deducted and he should be penalized rather rewarded.

How Telematics is Saving Lives Around the World?

How Telematics is Saving Lives Around the World?

Telematics is now being widely adopted by the companies of almost all the business sectors around the globe. It has been widely accepted that the benefits of telematics are enormous, not just in terms of a company’s productivity, but also as a social service.
Following is a study shared in the closing session of the Connected Fleet Conference, by Nikola Vuckovic, Manager EHSS & IFMS, Philip Morris International, on how telematics benefited the company and saved precious lives.
The outcome of opting telematics, as shared by Nikola, are worth sharing. These results should encourage other companies to follow the footsteps of PMI in fleet safety and management:

In an industry where the fleet management cost makes most of the revenue of the company, sparing the generous spender spot can badly affect the company’s bottom line. To detect such spots and finding the solution for cost reduction is the core purpose of COI.

  • In Africa, two deaths a month in road accidents have been dropped down to only one in a year or two. They are pushing hard to drop this figure to zero.
  • In Ukraine, where road safety is a huge concern, telematics systems have also had a significant impact on mortality numbers.
  • There are fewer traffic incidents. In all the equipped vehicles, savings have reached 96%.
  • Fuel consumption has also dropped by 70%.
  • Predictive maintenance has added 53% in savings.
  • There is a decrease of 33% of the total expense due to proper planning.
  • These results are self-explanatory and point to a clear direction where telematics is a solution to a safer and more productive fleet. We at Eagle-i, always encourage to our customers to keep a record on the fuel consumption, vehicle maintenance, and productivity, as it will help them calculate the ROI of their telematics services and will keep them up to date on the benefits they are getting through telematics.

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The future of aftermarket factory-installed telematics

The future of aftermarket factory-installed telematics

Through the years, we have seen it’s been a common practice for the fleet to implement the telematics system as an aftermarket option through the installation on vehicle’s onboard diagnostics (OBD-II) port but recently a new path is gaining momentum.
A new trend which has been observed is where vehicle manufacturers are signing for telematics services through factory-installed options: either with the telematics service provider hardware or through the manufacturers own embedded hardware.
Vehicle manufacturers such as General Motors or Ford are using both options to offer the web-based fleet management solution for their customers.
Since with the adoption of the OBD-II protocol, the complexity of data has been ever-increasing with the installation of each new sensor. However, the on-board diagnostics port was not designed as a gateway for complex telematics devices.
The initial objective of the OBD-II port was to use it for diagnostics purpose and to better troubleshoot the powertrain and emissions control systems.
Originally OBD-II port only has the ability to pull data from simple computers; it wasn’t designed to operate with firewalls, data encryption features, or anti-virus software. To tackle the aforementioned concerns, vehicle manufacturers are heavily investing in cyber-security and data management.
  1. Can they be made compatible with solutions offered by multiple telematics service providers?
  2. What happens when the vehicle is eventually sold?
  3. Will the system still work for the vehicle’s next owners?
  4. When should these systems be replaced or reprogrammed?
Even though a large majority of vehicles being manufactured and sold today have some form of factoryinstalled onboard telematics, the advantages of OEM data come with a number of potential technical hurdles. According to the industry experts, OEM will be not the only contender in the long term.
In this scenario where telematics service providers need to innovate to extend their ecosystem beyond the vehicle itself, new entrants with the compelling technology and a ‘data-first’ mindset such as computer vision, artificial intelligence (AI), and Internet of Things (IoT) capabilities can stand out in the longer term.

Do’s and Don’ts of writing a fleet management policy

Do’s and Don’ts of writing a fleet management policy

Fleet management industry has been revolving since its infancy yet there is one thing which has never changed -fleet policy. Indeed a well written fleet policy has become more important with the passage of time.

But here comes the question of why we need a well-documented fleet policy? The answer is very simple yet needs to be understood fully. A documented fleet policy not only defines the expectancy of all parties involved with the use of a company vehicle but also clearly defines the set of roles, responsibilities related to the use and maintenance of the vehicle. Moreover, it helps in reducing the risks, increases the compliance and smoothes down the operational tasks of the fleet.

Writing a fleet policy is an ordeal task but it is worth it when end of the day your employees have a guide for managing fleet operations efficiently. However, there are certain things that needs to be kept in mind while writing a policy to avoid the traps
  1. Fleet policy should always be written by the fleet team. A single person may not address many concerns by overlooking things that may be important from the company’s or driver’s perspective. Or it is also possible that a single person writing a fleet policy may go into much detail resulting in a hefty policy. So two is better than one while writing a policy.
  2. . When writing a policy, a lack of knowledgeable oversight can lead to vague and problematic policy. The vaguely written policy not only increases the risk to the company but also adds confusion related to fleet operation. It is necessary to mention the details that in case of certain thing happened, what will be done or who will be responsible or who should be reported.
  3. Once the policy is completed, ask all the stakeholders to review it for completeness of the content before finalizing. While large concerns are addressed there may be some obvious concerns which need to be addressed but are missed in the policy.
  4. Regularly review the policy to ensure the policy is updated. Fleet policy should be reviewed annually at least to lessen the impact on an organization with ever-evolving outside forces.
  5. It is useless to write the policy if it is not enforced in an organization. While the policy does not needs to be a threatening document but there should be consequences for not following it
  6. Policy should be flexible enough to adapt to modern technologies such as telematics, fleet management solution, etc.
Once the policy is written, let everyone know about it and remind them regularly to follow it.

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The ROI of Telematics: an investment that keeps on paying

The ROI of Telematics: an investment that keeps on paying

Telematics, when implemented and used properly, can cause transformational effects in your organization. Organizations that have integrated the telematics, not only reports its cost-effectiveness but the positive reduction in risk and increased productivity.

The cost of telematics has pertained to the hardware, the installation of this hardware, the monthly
subscription fee and the use of the data platform. As well as, the price per vehicle depends on the fleet size, the contract duration, the type of device and the functionalities offered by the platform.

Some fleets are using telematics with subscription charges as low as Sar15 with basic services while others are subscribed to the whole fleet management functionalities with higher charges. Though it might seem prohibitive to the user “A” subscribed to the basic fleet functionality but there are plenty of ways telematics is improving the bottom line of an organization.

The Return on Investment (ROI) of telematics is difficult to define as a number. Some benefits can be yielded at once such as a reduction in fuel consumption or better insurance premiums while others result from the unhappening incidents. No matter, in either case, telematics data can identify, it’s the fleet manager who needs to take measures.

Return on Investment (ROI) for telematics can be manifested in three ways:

1. ROI in Concept: this is the high-level look relying on industry data from sources. These sources provide a sense of expected ROI outcomes by unveiling the data from across the industry.

2. ROI Calculator: This calculator uses the fleet’s available data to estimate the possible cost-saving scenarios in the current situation.

3. ROI in Practice: This method of ROI is available when an organization outlays a portion of the fund for the implementation of telematics. This will provide real-time data to help an organization in concentrating the core business challenges to be solved. For instance, while utilizing the telematics data, fleet managers can make a policy to reduce the idling time or utilization of assets can be improved.

This may take several months for reviewing the data and analyzing if telematics helped in solving the stated problem or any secondary benefits that may have occurred. Considering a scenario where a fleet manager cuts the idling time, he will realize that it has also reduced the maintenance cost along with the lowered fuel cost.

Implementation of telematics is not about collecting and analyzing data but it revolves around the determination of baseline, setting your targets, picking your tools and acting upon the results.

Why calculating COI is important?

Why calculating COI is important?

In our previous article, we have explained the difference between the cost of ignorance (COI) and the return of investment (ROI). Click here to read. But most of us don’t know how to calculate the COI and why it is important to calculate the COI. In this article, we will explain both.
Considering the current economic conditions of the Kingdom, without prejudice, the businesses belonging to all industries around the country are facing challenges resulting in downsizing, declined profit margins and consolidations.

In such an economic climate, fleet managers are forced to focus on the growth of the bottom line than the top-line growth.

In an industry where the fleet management cost makes most of the revenue of the company, sparing the generous spender spot can badly affect the company’s bottom line. To detect such spots and finding the solution for cost reduction is the core purpose of COI.

To calculate the fleet COI, Eagle-I offers you the close monitoring of fleet operations and provides you the platform for logging your fleet expenses which can be later used to compare to find the blind spots for thrifty spending. While calculating the COI for any fleet, consideration of the driver behavior is of vital importance. Eagle-I scores each driver based on their driving behavior, fuel economy, maintenance and productivity against their asset.

Under the Service/ Renewal module, Eagle-I offers an overview of expenses in terms of maintenance, fuel, and official document renewals. We can have a cost-benefit analysis of each vehicle separately in cost per km ratio. Eagle-I’s service and renewal module not only give an overview just for one asset but also the accumulative comparison of expenses between branches and on the timeline (total expense per month).

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Blockchain And Transportation: A Match Made In Heaven

BLOCKCHAIN AND TRANSPORTATION: A MATCH MADE IN HEAVEN

Within a short time span, blockchain was successful in making its impact on various industries including the transportation and logistics sector. It has the capability of completely transforming the way of conducting business by poise changing or even replacing the infrastructure based on its “trust”component.
Blockchain technology got the grip from dispute resolution to administrative efficiency and order tracking.

How Blockchain Works?

A blockchain is a form of distributed ledger technology where transaction data is shared by the nodes (computers) on a network to which transactions are recorded and validated.
Validation may be done by a consensus mechanism performed by the network or otherwise. A block is a part of a blockchain, which records a set of transactions. Once a block is filled, a hash of the contents is created and stored in the subsequent block. This makes the data in each block immutable. Each time a block gets completed, it is stored on each node in the network.

Blockchain and IoT in telematics

To get the most out of blockchain solutions, one needs to integrate it with other technologies such as the Internet of Things (IoT), Artificial Intelligence (AI) and machine learning. With effective supporting technologies in place, the different players across the value chain will gain the ability to track the movement of items in real-time, verify transactions, and automating repetitive processes.

It is expected that by 2020, the number of connected devices will be raised to 50 billion. With the introduction of V2V and V2I communications, the number of connected devices will only proliferate, however, this will lead to the challenge of securely storing that data. With the integration of IoT and Blockchain, the issue of core data capture and security can be solved.
The amalgamation of IoT and blockchain in telematics empowers the manufacturers to add more sensors that will enable the secure capture and storage of engine diagnostics data along with other vehicle performance information.
This information can be further analyzed by using machine learning algorithms to predict the required vehicle maintenance. Blockchain when used in telematics, provides thedecentralized data storage, eliminate a single point of failure, provides a tamper-proof record and enable smart devices to autonomously communicate with one another

Key benefits of using block chain technology

Moreover, the combination of IoT and Blockchain can also be used to ensure the safe delivery of perishable food products by controlling the temperature throughout the transportation process. It also can be used to automate order fulfillment, invoicing and settlements using smart contracts. Each of these capabilities makes Blockchain an ideal component of an IoT solution.

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