The use of telematics is reducing the number of accidents involving people who are driving as part of their job, according to research by RAC Business.
More than half (52%) of the 500 UK businesses surveyed said black box technology has reduced the number of collisions, while 58% reported a reduction in speeding incidents and fines.
43% of firms questioned said the use of telematics supported their Duty of Care policies, while 11% said insurance premiums had decreased as a result of installing telematics.
The RAC says around 38% of businesses in the UK use telematics among their vehicle fleets.The area with the greatest use of the technology is London (45%).
The study, which included businesses across all sectors, also suggests that 55% of firms saw a reduction in wear and tear, while 48% said there was a reduction in downtime for their vehicles.
Nick Walker, RAC telematics managing director, says the results of the research confirm a significant shift in the use of telematics in business away from a ‘Big Brother’ tracking function, to being much more concerned with vehicle health, driver information and keeping staff safe.
He said: “The potential for telematics in terms of looking after a fleet of vehicles is enormous as there is so much information that can be extracted and used by the business owner or fleet manager.
“The idea that businesses are using telematics just to track their staff is really quite outdated now, they are much more interested in information about how the vehicle is performing and getting alerts about parts that need replacing, or vehicles that need servicing.
“Telematics is a key aspect of Duty of Care policies now, helping to promote safer driving so there are fewer speeding fines or accidents, which all contributes to less downtime and therefore a much more efficient business.
“Investment in a fleet and the ongoing running costs are significant for any business, and with the kind of information now available through telematics you can ensure those valuable business assets are being properly maintained wherever they are in the country, that is extremely valuable insight for any business owner.”