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Is your Vehicle Health Monitoring system performing?

There are two types of drivers in the world. Those who see the check engine light come on and take their car into the garage as soon as possible, and those who ignore it for as long as they can.

The state of vehicle health monitoring

If your business relies on your vehicle’s health, especially if you are responsible for a fleet of vehicles, you can’t afford to leave anything to chance. Today’s vehicle health monitoring systems go beyond a simple check engine light. On-board diagnostics (OBD) systems provide real-time data about the battery status, tire pressures, vehicle performance, and every other measure of a vehicle’s health.

Beyond this, fleet managers can compile the data from all their vehicle systems. They can download directly from the OBD system or use a telematics solution to automatically store and wirelessly download data collected by their vehicles.

This data gives an unparalleled overview of a vehicle fleet, allowing managers to make better maintenance and management decisions.

The benefits of vehicle health monitoring

The data collected from a fleet of vehicles can be analysed to understand trends and predict performance based on a vehicle’s health and future usage. The benefits include:

Proactive maintenance

Maintenance will always be part of fleet management. And vehicle health monitoring can help you forecast and predict when parts will need to be replaced. Addressing these issues before they fail reduces time lost waiting for the right parts. You can schedule maintenance at convenient times. And data-informed maintenance can save you time and money in the long term because you’re reducing the wear and tear a failing part can have on connected systems.

Cost forecasting

Predictive maintenance and vehicle health monitoring allow better cash flow control because costs are foreseen and planned.

Vehicle performance analysis

Fleet managers can make better purchasing decisions by understanding which vehicles and parts provide the best value for money throughout a vehicle’s lifecycle.

Driver performance analysis

Fleet managers can also spot vehicle usage patterns, recognising drivers that protect the fleet and health of their vehicle and those whose driving increases costs by damaging a vehicle through poor driving habits.

The challenges of vehicle health monitoring

With all the benefits available, why aren’t more transportation companies and vehicle fleet managers implementing them?

Lack of awareness

Although fleet managers may be familiar with some big names that provide vehicle health monitoring, many are unaware of the range of options available.

Perceived costs

Vehicle health monitoring systems have historically been pricey, and the most well-known systems continue to be so. However, with IoT technology becoming mainstream, there are now more cost-effective options.

No convenient connected infrastructure

Existing vehicle health monitoring systems are also limited to specific geographies, vehicle types, and analysis systems. Finding a single solution for your fleet and far-flung locations can be challenging.

Security threats

With the rise of ransomware and infrastructure-targeted attacks, security must be a top-of-mind consideration for any system sending and receiving data from vehicles.

What can you do as a vehicle health service provider to overcome these challenges?

Understanding and highlighting the benefits of vehicle health monitoring is the first step in helping fleet managers overcome these challenges.

In addition, increasing awareness of the available diverse options can convince hesitant fleet managers, especially now that many IoT-powered options are available.

Collaborating with a trusted partner allows vehicle health monitoring service providers to create their own infrastructure, utilising global IoT coverage. These options can be much cheaper and flexible enough to meet the fleet’s specific needs, locations, and vehicles, allowing for creative marketing solutions.

Why is Velos IoT the perfect partner?

Global coverage: over 600 networks in more than 200 countries and territories worldwide allow you to monitor vehicle health across borders without interruption.

Built for your business: Flexible price plans and country coverage enable you to choose the best connectivity model for your business. No lock-in effects allow you to scale in the future.

Multi-level security: Secure network integrations, fixed IP sim cards, and private APN networks keep your data secure.

One-stop solution: Manage all your connectivity in one platform and receive one invoice for all your global deployments.

If you want to know more, Velos IoT has a group of IoT experts keen on supporting you at each stage of your vehicle health monitoring service deployment.

Connect with us today by filling in the form below.

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