News | March 6, 2014

Fleetrisk Advisors Receives IBM Business Analytics Excellence Award For ROI Achievement

FleetRisk Advisors, a strategic business unit of Omnitracs, LLC, recently announced that it has been honored with the IBM Business Analytics Excellence Award in the ROI Achievement category. Presented annually, the IBM Business Analytics Excellence Awards honor extraordinary business partners that demonstrate excellence and leadership in five different categories: Enterprise-Wide Analytics, Mid-Market Performance, Analytics Champion, Analytics Innovation and ROI Achievement.

Recognized as a leading IBM customer and strategic partner, FleetRisk Advisors was named the ROI Achievement winner as a result of its ability to demonstrate significant ROI with the deployment of IBM’s SPSS Modeler, to create and analyze sophisticated data models that help its fleet customers improve business performance.

Vikas Jain, vice president and general manager of FleetRisk Advisors, said, “We’re honored to receive this accolade from an industry leader such as IBM. At FleetRisk Advisors, we have seen the power of predictive analytics first-hand, helping our customers achieve powerful results, including a 20 percent reduction in the overall accident rate and an 80 percent reduction in severe accidents such as rollovers, driving off the road or rear-end collisions.” Jain added, “IBM business analytics enables us to provide a more reliable service for our customers and most importantly, helps us keep drivers safe.”

FleetRisk Advisors’ software-as-a-service (SaaS) solution has evolved to become a critical enabling technology for the commercial transportation industry. By providing predictive models that take into account driver data including which vehicles they have driven, how far they have driven, how many opportunities they have had for sleep, how much time they have spent at work, how much they have been paid, and many other important factors that contribute to fatigue and stress, FleetRisk Advisors ultimately boosts overall operational efficiency and profitability for transportation companies.

For more information, visit: http://www.fleetriskadvisors.com

About FleetRisk Advisors
FleetRisk Advisors, a strategic business unit of Omnitracs, LLC, offers a comprehensive, cloud-based predictive analytics and remediation solution for transportation companies. This predictive analytics platform examines and aggregates thousands of data points across an organization to identify the root causes of likely events before they occur, helping companies anticipate future events and prevent them from taking place, such as driver accidents, employee turnover and workers’ compensation claims. Its product suite includes predictive modeling solutions for driver fatigue, fleet safety, worker’s compensation, recruiting and retention.

Source: FleetRisk Advisors