Frost & Sullivan, a business research and consulting firm, recognized DriveCam with its 2013 North America Frost & Sullivan Customer Value Enhancement Award. The award was based on recent analysis of the advanced commercial vehicle safety systems market.
DriveCam provides a predictive, analytics-based driver safety system to identify, analyze and improve driving behaviors. The system, it says, addresses the demands of transportation businesses to improve compliance with safety regulations, operational efficiency, and fuel optimization.
DriveCam’s video event recorder is installed behind the rearview mirror, the DriveCam sensor captures both sight and sound. The DriveCam sensor runs continuously but only records and uploads the critical eight seconds before and four seconds after an event has been identified as risky.
By combining driver and vehicle performance information with its extensive database of critical events and analytics engine, DriveCam says it can predict future events before they occur. All recorded data is analyzed and posted daily on DriveCam Online—a Web-based SaaS application—for fleet managers to provide feedback to drivers.
In addition to driver improvement, DriveCam says its system has resulted in fuel savings of up to 12 percent, as well as reduced maintenance costs.
“Most safety solutions in the commercial vehicle industry are focused on improving the vehicle’s safety, unlike DriveCam, which focuses on the drivers and improving their driving behaviors,” said Frost & Sullivan Industry Analyst Wallace Lau. “With DriveCam, fleets can achieve higher safety scores, enabling them to attract high-quality drivers and improve their brand image.”
DriveCam says the system also has proven useful in exonerating drivers in collisions where they are not at fault and protecting clients against fraudulent claims.
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products.