To put it in another way, it is used to implement insurance and increase the respect of safe driving regulations.
Furthermore, if you own a telematic scorer, it sends information to the insurance provider and they are determining the driving score.
In addition to this, the telematics comes in few device types:
- A Small Black Box
- Mobile applications
To demonstrate, the black box can be installed in the vehicles (cars, trucks etc.) and in that way, your safety mode can be tracked.
Another key point involved is what kind of data these devices actually capture. For instance:
- Latitude/longitude
- Road type
- Max speed
- Average speed
- Journey time
- Distance Travelled
- G-Force
- Braking
- Cornering
- Elevation
6. What is The Size Of Telematics Industry in The US
The Original Equipment Manufacturers are more and more using telematics. To be honest, it has reached a critical mass and not only in Europe but the United States as well.