How smaller businesses can benefit from big data
It's the hot topic. If you’ve missed all the speculation about what the era of Big Data will bring to fleet management, you’ve had your head in the sand for the last few years. Some have even suggested that it will bring nothing less than a revolution in the industry with the avalanche of data from telematics and other sources dramatically increasing vehicle productivity and driver efficiency.
What’s certain is that every fleet manager will need to become familiar with predictive analytics in order to reap the efficiency rewards now and plan future strategy.
There’s one problem. All these insights rely on an abundance of data from multiple vehicles. What if you only have a small fleet? How can you get BIG data from a small sample?
Business customers of Volkswagen Financial Services | Fleet can do just that. Because we’ve been collecting data for fifteen years and have the accumulated knowledge from over a million service contracts, we have an immense reservoir of data that is at the disposal of our all our customers. They can enjoy the same big data benefits as those with large fleets.
This is already helping them to optimise vehicle selection, increase fleet efficiency, reduce costs and emissions and keeping drivers and vehicles safer.
And there’s more to come. The potential for big data to optimise fleet performance is huge. We aim to keep our customers in touch with all these opportunities, whatever the size of their business.