The use of technology is a common situation for those looking to have intelligent transport or connected cars - telematics is a good example of this. However, IoT is providing a plethora of new opportunities to further the intelligence of data gained from those technologies. One of the most promising of those innovations is the use of in-vehicle video solutions to gain real-time visual evidence to support accident investigations.
There are more than 1,300,000 road deaths each year around the globe, but according to a recent study, installing a video event recorder can cut collision rates by 50%. Improved driver safety is just one of the many benefits connected video solutions can deliver, as fleet and operational managers can also leverage these technologies to deliver driver coaching, monitor real-time driver behavior, and gain access to real-time visual evidence to support accident investigations.
What do you do with the ever-increasing volume of data produced by telematics, connected cameras, mobile devices, and connected cars? Organizations often struggle to harvest this rich and valuable data to minimize corporate risk exposure and costs. Often data is diluted across multiple functions on siloed systems making it difficult to turn valuable insights into actionable output.
Following a recent KORE webinar, in partnership with intelligent Transport, we took a look at the key findings and lessons learned and this is what we found.
Connected video technology for fleets has especially come a long way in a relatively short space of time – and the potential benefits are more obvious and wide-ranging than ever before. But it was extremely interesting to see from our webinar audience that only 8% had adopted some form of video technology, and a huge 56% hadn’t decided whether to invest in this area at all.
Lastly, we asked what the top drivers would be for utilizing video technology and it was a tie between claims/liability defense and a duty of safety/duty of care, which reflects the reality of increasing insurance costs despite the number of collisions falling. It’s an actuality that fleet operators need all the help they can get to prevent claim costs becoming potentially prohibitive to their businesses.
To have this data on a single, centralized platform allows for the ability to make proactive decisions and minimize risk. Vehicle Video solutions offer a wide range of options on the latest generation of connected cameras that are suitable for all fleets. Whether you are running a fleet of vans, LCVs or HGVs—connected video technology solutions provide an all-in-one connected vehicle camera system that helps improve driving behavior and keeps your drivers safe.
If you are interested in finding out more on the role of connected video data in improving transport safety – view our on-demand webinar. We look at the intelligent transport landscape, key considerations, and steps to take to deploy an in-vehicle video solution and a case study.
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