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How 'Big Data' is Changing the Business World

Data Blocks
Data Blocks

See How Business-Intelligence-as-a-Service Tools Like Adaptive Intelligence Help Optimize Fleet Operations

'Big Data' has changed the business world for good.

Between the dawn of civilization and 2003, mankind generated 5 exabytes of data, enough to fill a line of books stretching from Earth to Jupiter—that's approximately 365 million miles worth of info. Businesses now generate this much detail every two days—a massive amount of input that's waiting to be manipulated and structured into useful reports to help maximize efficiency and productivity. In the fleet industry, mounds of data are collected, too, and as prized.

Modern-day fleet management operations are grounded in unseen info that businesses want to tap into, such as the total miles a vehicle has been on the road, driving and vehicle behavior, driver work hours, fuel and vehicle usage, and more. With 'Big Data' at their fingertips, companies can get a deeper look into the state of their affairs for smarter planning. That's where Business-Intelligence-as-a-Service (BIaaS) tools come into play.

GPS fleet tracking providers are introducing unique BIaaS-centric capabilities that can boost fleet operations to a new and profitable level. Navman Wireless recently introduced Adaptive Intelligence (AI), an intuitive and customizable BIaaS tool that combines a fleet's data into one easy-to-use key performance indicator (KPI)-driven platform. Through a single dashboard, managers receive a range of reports—including charts, graphs and a number of reporting options based on collected data—all customized to reflect specific business trends. Together, these reports uncover the innermost workings of fleet operations, enabling businesses to compare results against company policies and defined goals.

Tools like Adaptive Intelligence are indispensable to companies that want to use everyday fleet info, such as idle time and fuel waste, and improve decision-making in the process. The myriad benefits from receiving data that addresses specific business needs include the ability to measure and plan the costs of certain routes, monitor driver and vehicle performance and safety, improve the likelihood that a job will be completed ahead of schedule, and increase a company's return on investment significantly.

It's evident that 'Big Data' can give businesses what they need, but without the right tools, they can't drill into key info that could potentially help revolutionize how they do business. Data that was once abandoned is now up front and center with BIaaS tools, enabling fleets to take action on demand.

To see how BIaaS tools like Adaptive Intelligence can optimize your business, or to schedule a demo, click here.

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