Restrata highlights rising pay-off of telematics
With years of security experience under its belt, UAE-based Restrata plans to challenge the traditional narrative of fleet telematics in the Gulf with an array of technological alternatives that can lower costs and increase benefits
At a briefing by UAE-based provider Restrata, the company noted the growing potential of telematics tools to cut overheads within the context of fleet management — referencing fuel consumption, scheduling and even the potential of user-based insurance in the Gulf.
Steve Edgett, VP of situational awareness and tracking at Restrata, told attendees: “The recent explosion of technologies around connectivity and data analytics is changing the game for fleet telematics, and that rapid innovation is forcing us to reconsider how we define fleet telematics.”
While vehicle telematics have long been utilised to reduce fleet costs and improve safety, Edgett highlighted the growing number of ways in which increasingly competitive sensors and systems can monitor a wide array of fleet functions, such as driver behaviour.
He described the wide array of smart sensors now available for monitoring aspects of fleet management, including widespread and costly behaviours such as excessive idling.
He also noted how driver health and drowsiness can now be monitored with much greater accuracy with the emergence of ECG monitors that can be built into clothing to monitor heart rate.
The discussion then moved onto the growing potential of telematics to reduce carbon not only as a matter of fleet efficiency, but as a function of corporate social responsibility.
He commented: “Leading logistics firms are now monitoring carbon emissions as a key performance indicator — for both the savings in fuel costs and the environmental factor.”
Edgett also revealed that Restrata is in discussions with influential insurance providers in the UAE on the subject of introducing user-based insurance into the Gulf, which would allow safe driving or occasional driving to be rewarded with lower insurance premiums.
In many global markets, user-based insurance programmes allow drivers to install devices that report on their driving behaviour and allow it to be considered in their insurance premium calculations. Such schemes provide a powerful incentive for drivers and fleet operators to work to improve their driving standards.
Edgett added: “Plug-n-play vehicle trackers, which plug directly into the vehicle’s data bus, have dropped in price significantly, and the hardware costs are now easily manageable.”
He explained how Restrata’s fleet telematics and data management software, SecureLocate, also has the potential to connect to every device within a company, from telematics devices to mobile phones as part of a larger situational awareness and tracking offering.
SecureLocate also encompasses trip planning and is technologically agnostic, allowing it to connect to 3,000 different types of sensors — a level of openness that Restrata points out is in keeping with the rise of the Internet of Things.
Margareta AbuRas, MD of Integral DMCC, partnered with Restrata earlier this year to support the delivery of SecureLocate solutions to her customers.
She told the briefing: “Our clients are realising significant gains by utilising SecureLocate. It has enabled a major decrease in asset deployment, while increasing the number of deliveries. One client has quadrupled the number of deliveries per truck in six months.”
She concluded: “The efficient utilisation of assets has a noticeable impact on operational costs and highlights just how quickly a business can expect a return on investment from a fleet telematics solution.”