By Erin Baucum, Lytx Director of Client Intelligence
Every mile traveled brings with it inherent risks. Companies must constantly strive to mitigate these risks to ensure the well-being of their drivers, the protection of their assets, and the safety of the public. With advanced technology, proactive safety strategies have revolutionized the landscape of transportation safety. At the forefront of this revolution is the integration of reporting services within video safety solutions, providing a wealth of anonymized, industry data and insights that not only enhance safety within individual fleets but also shape the industry at large.
The Lytx Intelligence® Portal helps companies monitor their safety performance and provides invaluable insights into industry-wide trends and benchmarks. It also taps into a wealth of data collected from millions of miles of driving, offering a comprehensive view of safety performance across industries, and the context needed to inform safety goals. The Lytx Intelligence Portal provides the data to help benchmark a fleet’s performance relative to industry peers and to prioritize organizational safety efforts.
- Access to industry data on collision trends and behavior patterns
- Access to a macro view of the types and causes of collisions
- Visibility into environmental and traffic factors
Unveiling industry trends
One of the standout features of the portal is its ability to reveal industry-wide trends. By analyzing anonymized data from a vast network of fleets, it surfaces insights around the most common causes of collisions, prevalent behaviors on the road, and emerging risks. This data isn't just informative; it's transformative. Companies can leverage this knowledge to apply the representative findings and proactively address safety concerns, implement targeted training programs, and stay ahead of the curve.
Benchmarking performance
The portal also allows companies to benchmark their safety performance against their industry. Clients can see how they stack up in terms of collision rates, trends and frequency, compliance with safety regulations, and overall fleet performance. This level of benchmarking provides valuable context, allowing companies to set realistic goals and track their progress over time. The Lytx Intelligence Portal helps fleets identify their most pressing safety factors:
- Which behaviors are most prevalently associated with incidents?
- Which weather conditions present the biggest safety challenges?
- What can we do to increase awareness around incidents precipitated by sudden threats (such as animal strikes)?
- How do we compare with our industry at large?
With this industry-wide data, fleets can identify where risks are coming from and strategize how to proactively address them.
Harnessing the power of data
At the heart of the Lytx Intelligence Portal is a vast database of driving data, encompassing more than 1.5 billion miles per month and 100,000 risky driving events per day. This wealth of data is the foundation for accurate risk assessments, trend analysis, and performance benchmarking. By harnessing the power of Lytx’s data, companies can make more informed decisions, mitigate risks, and ultimately save lives on the road.
Providing vision beyond the fleet
Perhaps the most groundbreaking aspect of the Lytx Intelligence Portal is its ability to look beyond individual fleets and provide broad, industry-representative information on safety performance. Through data-driven dashboards, clients can gain insights into hotspots for collisions and emerging risks. This broader view helps companies identify areas for improvement within their own operations.
Driving meaningful change
To those whose business relies on transportation commerce, safety is more than just a priority—it's a responsibility. The Lytx Intelligence Portal empowers companies to take the wheel of their safety performance. By providing access to industry data and insights, and tailored reporting, it equips companies with the tools they need to drive meaningful change and ensure the safety of drivers, vehicles, and communities across the globe.