UK breakdown cover provider, the AA, is soon to offer its business customers telematics software which will allow them to track how much fuel they are using, routes taken, and speed of travel.
The AA has agreed a deal with Trakm8 to offer telematics systems to business customers with large fleets of vehicles, giving them the chance to improve performance and cut costs. It is a system that the organisation had used itself to manage its fleet. The data it produced helped reduce the breakdown service’s costs, for example total fuel costs were reduced by £1 million per year by identifying fleet vans whose engines were left running unnecessarily.
The AA and Trakm8 have been working together for four years but the new agreement will commercialise the technology and bring it to wider use.
John Watkins, executive chairman of Trakm8, said:
“This is a substantial contract and an extremely interesting opportunity for Trakm8. Working with the AA on this project, we will substantially increase our understanding of remote vehicle service potential for fleets.”
The system is expected to be of interest to the AA’s fleet customers, who can use it to identify drivers who take longer routes or break speed limits, so they can be trained to drive better. It could also reduce insurance costs, singling out drivers who might be more likely to be involved in accidents because of their habits.
Kirsty Lloyd-Jukes, AA strategy director said of the move:
“This initiative for our fleet customers is an important part of the investment in connected car technology that we are developing. We are looking at a number of options that will add value to our proposition for the rest of our business customers and our personal members.”
Although not available to the AA’s personal members, it is thought the system could be introduced to them in the future.