7 Essential Data Capabilities of Telematics Devices

1. Basic data monitoring 1. Basic data monitoring

Track core measurements such as miles driven, time of day and rate of speed.

2. Driver diagnostics 2. Driver diagnostics

Use hardware to identify risky behaviors, e.g., hard braking and cornering.

3. Asset/enviro impact analysis 3. Asset/enviro impact analysis

Using the data, glean reports on metrics such as fuel consumption, efficiency and carbon footprint.

4. Advanced driver diagnostics 4. Advanced driver diagnostics

Use device features for advanced trip logging, driving metric trends and mash-ups with third-party data.

5. Vehicle and other services 5. Vehicle and other services

Value-add services such as accident notification (especially appealing to parents concerned about their teenage drivers), vehicle recovery, navigation, geo-fencing and alerts.

6. Driver feedback 6. Driver feedback

Provide drivers with not only useful feedback, but price incentive to act on that feedback, which can provide customized tips for improving driving habits.

7. Modeling datasets 7. Modeling datasets

Historical telematics, premium and claims data is readily available and waiting to be used for analytics and modeling purposes.