Reduce the potential for collisions with Predictive Analytics

Contents
Overview

Why fleets must prioritize proactive crash prevention

Solera Predictive Analytics uses the power of AI and machine learning to predict the likelihood of a collision among individual drivers by automatically comparing current driving data against historical trends. By addressing driving behavior before a crash occurs, fleets can reduce their exposure to risk. The cost of a single crash to the fleet can easily reach into the millions if deaths or injuries result. If the driver is found to be in violation of regulations, the costs can rise rapidly. 

large truck collisions occurred in 2020
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fatalities and 155,000 injuries resulted
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is the average per-collision cost to the fleet
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Capabilities

Up to 90% of severe accidents can be accurately predicted

Using innovative probability-based analytics, Solera’s Accident Severity Model accurately predicted 90% of severe accidents in the 50% of drivers deemed to be at the highest risk.

How Predictive Analytics can mitigate crash potential

Predictive Analytics uses data from dedicated and mobile telematic devices to establish accident patterns, which AI and machine learning can then use to predict future risky behavior. Risk scores are assigned and reported to fleets and drivers.

What Predictive Analytics looks at 

Predictive Analytics examines 1,200 comparative data points, searching for patterns that indicate the most costly collisions. These include previous employers, the number of positions held, time between jobs, violations, training, the driver’s range of experiences, and many more. 

Get an unbiased view of driver risk

Data-driven predictive analytics removes guesswork, assumptions, and personal biases, either in or against the driver’s favor, from the equation. With data to back the Driver Risk Score, conversations can be professional and productive. 

Intervene with drivers before a crash occurs

Safety managers can quickly identify high-fatigue and accident-severity probabilities while there is still time to talk to high-risk-score drivers before an incident occurs so that remedial action can be taken. 

Reduce the financial burden of crashes

Predictive Analytics protects fleets from the debilitating combined burden of repair costs or equipment replacements, injury claims, insurance increases, legal fees, and lost business.

Benefits

Case Study: Need case study

Nussbaum was able to translate fleet data into actionable measures that achieved real improvements for the fleet using SmartDrive IQ Analytics. Learn how. 

Our awards speak for themselves

  • Awards (if applicable) 3-5 awards
    • Award name
    • Category
    • Year

Benefits

Unbiased View

Data-driven predictive analytics removes guesswork, assumptions, and personal biases from the equation

Predict Issues

Safety managers quickly identify high-fatigue and accident-severity probabilities while there is still time to talk to high-risk-score drivers.

Reduced Financial Burden

Predictive Analytics helps protect fleets from repair costs, equipment replacements, injury claims, insurance increases, legal fees, and lost business.

Contact

Talk to Solera about your fleet’s needs

Ask us about Solera solutions for fleets of every size and type.