What operational issues and challenges that fleet owners, managers are faced with? High rates of accidents caused by speeding, fatigued driving, phoning calling while driving, distraction, smoking etc. Fuel theft, cargo theft&robbery, increased insurance premium, increasing maintenance cost.
According to the FMCSA, the average cost of all large truck crashes is $91,000 – which increases to $200,000 if there are injuries, and $3.6 million should the crash result in a fatality. However, having real-time video evidence has helped to exonerate companies in crash lawsuits. Obviously that fleet managers have noticed that crash events has caused a lot of economic loss in insurance claims, driver injuries, vehicle damage, as well as business reputation loss. Over the past years, the term ‘video telematics’ has been widely adopted in marketing and used in fleet management service industry. Video telematics refers to integrating the dashcam/multi-camera into telematics technology, combining the video data and vehicle data to address issues in fleet safety, efficiency, productivity, compliance. They are designed specially for reducing fleet risks, improving driver behavior. Most providers’ video telematics can provide the irrefutable footage for determining who was at fault, settling the liability disputes relating to accidents, which helps simplify the insurance process to some extent. The fleet manager&owner original intention of adopting telematics/video telematics is not to resolve post events, but to prevent risky events.
With the AI technology evolving, we have enabled our solution to transform reactive driver and fleet into proactive and safer driver, fleet. Over 90% road accident caused by human error such as driver fatigue, distraction can be avoided with 1.5 sec early warning.
So how does our AI MDVR system work?
Our driver facing(DMS) camera, road facing(ADAS) camera are connected to our MDVR built-in with AI algorithm, the MDVR will constantly record when powered and in motion. When risky driving events such as fatigue, mobile phone use, smoking etc are detected, the system will capture and upload those events into cloud server, in the meanwhile, driver will be alerted via the verbal alert to correct driving behavior so as to prevent potential risky driving events.
Our web portal ITS with the active alert center will receive event video details. The fleet manager can interfere with the risky driving events If combined with our local partners bureau service. Our platform highlights the logic processing of uploaded events, which will help fleet manager streamline their management on driver risky profiles.