Element Announces Connected Data(TM) to Improve Safety and Optimize Fleet Performance

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Element Announces Connected Data(TM) to Improve Safety and Optimize Fleet Performance

Connected Data(TM) unlocks the power of the connected vehicle for fleet management

TORONTO, ONTARIO and SPARKS, MARYLAND--(Marketwired - Aug 14, 2017) - Element Fleet Management (TSX:EFN) today introduced Connected Data™, a new service offering that delivers information and insights to address key fleet performance challenges. The service integrates vehicle data provided by OnStar for General Motors vehicles with active OnStar accounts, or from an aftermarket device for non-GM vehicles.

Connected Data allows companies to choose the data feeds they need to optimize their fleets, including odometer reporting, vehicle diagnostics and driver behavior data such as speeding and harsh braking, after first obtaining appropriate driver consent. Fleet managers can view this data in Xcelerate, customized reports, and through Element's strategic fleet consultants.

"Today's fleets are in a unique position to harness the power of connected vehicles across an increasingly connected digital fleet workflow, one that integrates data from drivers, suppliers, and the vehicle itself," said Michele Cunningham, senior vice president, Products & Services, Element Fleet Management North America. "Connected Data delivers just the subset of vehicle and driver data that customers need, making it easier to gain insights and take action in areas like optimal replacement, preventive maintenance, and assessing and mitigating driver risk and more."

Businesses can integrate data from their connected vehicles, leveraging the customized insights and tailoring these analytics to meet a variety of reporting, regulatory or general business requirements. Element's Connected Data solutions are available in three packages:

  • Odometer - Improves mileage reporting compliance, helps ensure timely preventative maintenance, and increases visibility into vehicle utilization for optimal replacement decisions.

  • Fleet - Adds to the value of the Odometer package with integrated location and diagnostics to reduce maintenance costs and maximize overall utilization.

  • Safety - Incorporates data from the Fleet package by adding information on driving patterns such as hard braking, fast acceleration and speeding that can be used to identify high-risk drivers, coach drivers on unsafe behaviors, and help improve safety and reduce accident expense.

For more information about Element Fleet Connected Data and technology, please visit https://www.elementfleet.com/fleet-services/car-light-duty/vehicle-fleet-connected-data.

About Element Fleet Management

Element Fleet Management (TSX:EFN) is the world's leading fleet management company, providing world-class management services and financing for commercial vehicle and equipment fleets. Element's suite of fleet management services spans the total fleet lifecycle, from acquisition and financing to program management and remarketing - helping customers optimize performance and improve productivity. For more information, visit http://www.elementfleet.com.

Investor Contact:
Zev Korman
SVP Investor Relations
(416) 646-5421
[email protected]
Media Contact:
Blake Mirzayan
Padilla for Element Fleet Management
(804) 675-8195
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).