Why business intelligence is essential for managing your fleet?

Business intelligence seems to be one of those buzzwords that companies throw around when talking strategy and futureproofing solutions, but many find it hard to actually define. Is it a system? A service? A strategic approach? In some ways, it is all of the above.

With Utilimarc’s Business Intelligence Platform, AEP is able to access a full right-sizing report and deeper insights into their fleet’s usage metrics broken down by month and per asset, as well as cost-savings opportunities. This rightsizing analysis was completed on a selection of 3,000 heavy-duty vehicles from AEP’s total asset count of 13,000.

Respondents were based primarily throughout North America and operate in various fleet verticals including municipal, utilities and other sectors. Utilimarc’s survey assessed average salaries, common benefits and other aspects of their employment in order to understand any trends and changes in compensation.

An emissions profile is a powerful tool for supporting fleet sustainability initiatives. The profile closely details a fleet or organization’s total carbon emissions within a certain period of time. This profile includes emissions from activities ranging from energy generation, fuel consumption and other daily operations.

Telematics is an essential management tool for many commercial and government fleets. Whether your chosen solution comes factory-embedded from the manufacturer or is added in after acquisition, telematics helps managers to monitor and understand their fleet assets.

Utilimarc is proud to announce their success as one of the top OEM telematics data integrators in the country. Working with some of the biggest OEMs in the industry, such as GM and Ford, Utilimarc analyzes thousands of on- and off-road fleet assets leveraging direct integrations with top telematics providers.

With the adoption of EVs, there can be a learning curve to the distinct technologies, metrics and KPIs involved. BI can help managers to track charge events, energy usage and MPGe in addition to their original ICEV metrics, all in one place.

With Utilimarc’s Benchmark and GHG Emissions Reports, City of Glendale is able to access deeper insights into their fleet’s gas emissions. Our GHG Analytics helps them to track and trend emissions over the previous 5 years with reports like total fleet GHG emissions, GHG emissions by fuel and asset types, total fuel consumption by type and asset comparison.

BI helps fleets to futureproof by creating a reliable and repeatable management strategy that is flexible to change. With the fleet industry changing so rapidly today, this helps managers look toward long-term success, focusing on cost-reduction opportunities and sustainable resource management.

One of the greatest benefits of implementing business intelligence is the ability to turn disconnected data systems into actionable insights. Once fleet data is streamlined and cleaned, BI bridges the gap between the initial point of data collection to seeing data-driven results.

Starting with reliable, high-quality data is the first step for successful reporting. This gives your organization a full view of what’s going on within, share reports with full confidence and make smarter, data-backed business decisions. To get to this point, however, data quality starts with unified data streams, error-free information and appropriate storage.