Nauto's cloud-based telematics platform powered by artificial intelligence learns driver behaviors, and the company notes it will be able to predict and prevent high-risk driving events, helping fleet managers reduce claims by at least 35%.
TCO Is Not a Static Number
A vehicle’s total cost of ownership is comprised of its fixed costs, operating expenses, and depreciation per year or during the course of its service life, minus its anticipated resale value. During the course of a vehicle’s service life, TCO is subject to change due to a vehicle’s age and numerous external factors, which has a direct bearing on replacement policies.