Investing in or adopting new technology is never a small move and is often intimidating, given not only the financial but time component as well – barriers that Sheffield-based The Floow wants to get out of the way when it comes to telematics.
With the aim of having more organisations onboard, the telematics firm has launched a production-ready platform that promises to turn months into just days for the likes of insurers, fleet operators, and auto manufacturers who wish to adopt telematics technology. Called “FloowDrive,” the new platform enables a motorist’s smartphone – not handled during a trip – to serve as an in-car data sensor that will monitor driver behaviour and allow the Floow to determine a safety score.
“As a fast growing company – and a global leader in shaping the telematics industry – we have the scale and experience to be able to offer a proven, production-ready solution to companies that want to adopt telematics to improve safe driving and better manage insurance risk,” said The Floow chief executive Aldo Monteforte. “The combination of our access to big data combined with world-class data scientists has helped us model personal scores for all drivers.
“Giving people access to these scores, as well as advice, incentives, and coaching to improve them, reduces accidents, prevents driver distraction, and makes drivers more self-aware when they are behind the wheel.”
Monteforte said the rollout of FloowDrive sees the telematics market opened up to all firms who want to support safe driving. “The days of investing many months to develop a credible telematics offer are now over,” he added, highlighting that any company can be ready to go in a matter of days for a cost-effective sum.
“Through FloowDrive we can give these organisations a fast and cost-effective telematics platform that can be customised and branded for the client,” said chief operating officer David James, who believes the new product can stimulate the market and deliver tangible road safety improvements for everyone’s benefit.
