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Telematics solution provider in chennai
Telematics is an advanced technology solution and a hybrid combination of two major industries telecommunications and informatics. Telematics performs the task of monitoring any asset say it is vehicle or machine by deriving data from it while operating and analyzing its health conditions and even the operator’s approach towards it. The GPS and on-board diagnostic system play a pivotal role in operating the telematics by retrieving and sending data from the asset to the data centre efficaciously to take corrective actions at the right time and save unnecessary spending over the asset. We are an agile Telematics Company in Chennai, India, who create exclusive software for telematics devices.
Telematics Market Size
How Telematics works?
Eventhough Telematics being a technology solution is applicable for several industries, still it is on high demand in four major areas of execution and they are:
Vehicle Tracking/Vehicle Telematics
Fleet Management / Fleet Telematics
How Vehicle Telematics works?
Telematics Control Unit
The telematics control unit plays the key role of data collection where it is the hardware device which gets connected with the respective asset to retrieve the data.
Telematics Web Server
Once the control unit has collected the required data, it then transmits the same to the company web server, which holds a huge amount of data set about the performance of vehicles belongs to different customers.
Web App/Mobile App
Based on the Telematics software service provider, the entire data stored in the webserver gets segregated and distributed to the concerned individual providing them with a detailed report on their vehicle's performance and health status.
How Fleet Telematics works?
The fleet will have an in-built Wi-Fi enabled device connected with the modem and the GPS satellite to derive its operational values and also to track its current position.
The fleet gets facilitated with mapping engine that delivers dual beneficiary, it helps the fleet driver in navigation, traffic update, and weather forecast, and also the central office about the status of the fleet.
The data obtained from a single fleet sent to the cloud storage with the help of internet connectivity and this cloud storage holds big data of all the fleets with it. The entire process of interpreting and analysing the data sets happen here.
The inserted telematic device not just sense the physical component of the fleet, instead, it also analyses the way the fleet gets handled and sends a detailed behavioural report to the central office. This report is retrieved using the way the clutch, breaks and gears are handled and also the use of speed according to the region in which the fleet travelled.
The analysed data in the cloud storage then transmitted to the concerned central office to inspect the condition of the fleet virtually and take a commanding final decision on its management. Keep tracking your fleet and its activities with the help of BOSCH TEP 120 Telematics device powered by our fleet management software with our seamless telematics solutions to ensure on-time and safe delivery.
What Asset Telematics will do?
Vehicle insurance has been highly traditional all these years, and the introduction of telematics into the industry would bring in revolutionary changes.
Here’s how telematics will be disrupting the vehicle insurance sector?
Insurance plans are too generic and today's customers are expecting for exclusiveness, telematics implementation will bring in the expected exclusiveness for every single individual, that includes paying term fees based on miles travelled. A telematics device fits into your car will calculate the total distance covered and determine your insurance plans accordingly.
The telematics device fits into your car by the insurer will analyse your driving skills and suggest you the way of improvement. Heading a step further this approach brings in a personal connection with the clients and brings overall benefit.
Another advanced system brought into the act post the implementation of telematics is the reward points for safe driving, based on the driving practice the insurer can provide reward benefits to the clients that encourage them to involve in word of mouth marketing.
Easy Risk Analysis
Risk assessment has always been a failure module for the vehicle insurance sector, now, it will get eradicated with the implementation of telematics. Implementing the device would easily sense the forthcoming risk and helps to plan better insurance schemes.
Insurance claims are another set of complexities that every insuree faces in their life, especially in terms of vehicle insurance. In 90% of the cases, the insurer is not aware of the exact situation and hence they need to go for the claim. Now, things have changed, by bringing in telematics insurance agencies can now know the exact scenario and provide precised claim that creates a proper win-win situation.
Acquire win-win situation for you and your clients by implementing futuristic insurance software that enables BOSCH TEP 120 Telematics device to deliver supreme operability in detecting the driving behaviour of your clients and making personalized insurance plans.