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The Car and Truck Fleet and Leasing Management Magazine

SmartDrive Systems Releases Big Data Analytics Suite

January 19, 2016 - Press Release

Image courtesy of SmartDrive Systems. 
Image courtesy of SmartDrive Systems.

SmartDrive Systems has introduced of the SmartIQ Transportation Intelligence Suite that transforms data generated by commercial fleets into real-time actionable information, predictive analysis and prescriptive actions, according to the company.

The SmartIQ Suite brings the power of real-time transportation intelligence to every fleet. The foundation of the new suite is SmartDrive's video analytics platform, which combines a rich variety of data, in high-volume and at high-velocity, to provide the missing intelligence link for fleets—definitive driver performance data combined with vehicle systems data. With entirely new performance metrics and predictive analytics specific to transportation, the SmartIQ Suite delivers insights across safety, operations and maintenance that materially improve fleet efficiency.

The SmartIQ Suite is a distinct, new class of solution that links driver behavioral data to data sourced from a multitude of separate vehicle systems, manages that data efficiently, and analyzes it at scale and in real-time. While drivers present the single largest opportunity to reduce avoidable fleet costs, measuring their performance has previously relied on vehicle data and historical driver information that are subject to interpretation and often leave more questions than answers.

A cornerstone of the SmartIQ Suite is the SmartIQ Engine, comprising intelligent algorithms, predictive models, and advanced analytics developed from SmartDrive's proprietary database of over 140 million analyzed and scored driving events, and delivering transportation intelligence focused on improving outcomes. The SmartIQ Safety Score, for example, is a numeric KPI that is predictive of collision risk—for every 10 percent improvement in the SmartIQ Safety Score, there is an 8.2 percent reduction in collisions. 

Designed to meet the needs of experts and non-experts alike, the SmartIQ Suite offers: actionable operational metrics, management KPIs, reports and dashboards for managers; interactive visualizations for advanced analysis; and the ability to export data and integrate into an existing intelligence stack. Fleets have the flexibility to align the SmartIQ Suite to their overall transportation intelligence strategy and adapt it over time, as their needs evolve.

The SmartDrive SmartIQ Suite is composed of:

  • SmartIQ Packs—the Fundamentals pack delivers reports and data visualizations conveying performance metrics, SmartIQ Scores and a variety of operational management reports, and is included in every SmartDrive program; the optional Pro pack goes deeper for the experts, leveraging market-leading Tableau Software to incorporate interactive visualizations, "what-if" analysis, and advanced analytics
  • SmartIQ Streams—data feeds of driver, vehicle and driving performance data collected by the SmartDrive video analytics platform for consumption by third-party intelligence solutions
  • SmartIQ Services—professional services for custom analytics and visualization development by transportation intelligence experts

The SmartIQ Suite is available now, with the SmartIQ Pro Pack available as part of an early adopter program. For more information on SmartDrive Systems visit www.smartdrive.net/.

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