Enhancing Fleet Management And Performance: Turning Historical Data Into Actionable Intelligence

By Henry Popplewell, senior vice president and general manager at SkyBitz

Fleet management has come a long way from the days of just sending out drivers and logging their miles. To stay competitive and keep costs down companies are now, more than ever, focused on providing better customer service through improved asset utilization, enhanced business processes, and increased safety and security. Unfortunately, that is easier said than done. To do so you need to sift through vast amounts of information and turn that historical data into actionable intelligence. Without the proper tools, however, that data can be ineffective in enabling companies to reduce capital expenditures, optimize asset utilization, eliminate "lost" assets, improve detention management, track stolen assets and improve customer service.

So let’s talk about the real-world competitive benefits that properly analyzed historical data provides fleet managers. The ability to analyze fleet performance trends lets you maximize utilization and profits by exposing opportunities for increasing revenue and cost reduction. The reality is operations and maintenance managers get inundated with loads of data. They’re spending hours downloading data and manipulating it into a useable format. With the technology solutions available today, you can quickly analyze large data sets and view them in a more effective and intuitive way.

For example, if organized correctly you can run reports that provide more visual context and provide historical views in order to determine any trends and perform additional analysis. Having this visualization into how your fleet is actually operating and performing enables you to make the necessary adjustments needed to be more efficient and provide you with a competitive edge. One way to do this is to funnel all your data sources into a visual dashboard that easily translates your historical data into trends and benchmarks, resulting in actionable information.

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