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Connected Car and Telematics Technology Leader Redefines Industry

Telematics Technology Leader

INDUSTRY

Insurance

SOLUTIONS

SOFTWARE

Challenge

Challenge:

As a leader in connected car and telematics technology, the company needed advanced data analytics capabilities to analyze performance data to enhance their position in the usage-based insurance market.

Solution

Solution:

The Pentaho platform provides predictive analytics and data visualization capabilities.

Outcomes

  • Provides customers with automated dashboards and flexible reporting.
  • Enables visual updates of program health, fraudulent behavior, and more.
  • Ensures report accuracy with advanced analysis, machine learning algorithms.

The connected car and telematics technology leader enable drivers to be safer, smarter and greener.

The Challenge: Find Advanced Big Data Analytics Capabilities for Usage-Based Insurance

The telematics technology leader wanted to further their leadership position in the usage-based insurance (UBI) market, where a remote sensor in a car or smartphone app monitors the customer's driving performance so insurers can adjust rates accordingly. This means they needed advanced real-time big data analytics capabilities.

By embedding Pentaho analytics and reporting capabilities into the DriveSync platform, the company continues to redefine what the industry should expect in a comprehensive, end-to-end, usage-based insurance solution.

- Vice President of Innovation, Telematics Technology Leader

The company also sought an easy way to pull from a set of industry insurance data that was growing by 1.6 billion data points per day. Furthermore, that data had to be presented in real time from different databases that track driving behavior (speed, acceleration, braking, cornering, gas mileage, and so on), vehicle data (VIN, engine rpm, battery voltage, DTC codes, and so on) and trip data (distance, time and date, and GPS location).

The telematics technology leader needed access to all driver data, as they wanted to provide insurers with the ability to monitor their UBI programs' success. They wanted to enable drivers to understand how their improved, and safer driving behavior could positively impact the environment. This concept evolved into what the company calls the Business Center, which allows insurers to manage the growth and health of their UBI programs by providing responsive dashboards and data visualizations. The Business Center also empowers customer support teams to better manage programs by providing integrated support tools for customer support representatives to investigate and manage issues.

The Solution: Pentaho Data Integration and Pentaho Business Analytics

The telematics technology leader leveraged the entire Pentaho platform, from data collection, management, and predictive analytics to data visualization capabilities. Hitachi Vantara's big data integration and analytics solution was able to provide a complete ETL tool and embeddable analytics. Additionally, Pentaho provided LDAP compatibility and a flexible security model that supported their privacy needs. The extensible Java-based platform was able to accommodate integration needs that the telematics technology leader had for future big data technologies.

"The UBI business requires fast access to data and almost real-time analysis of that data in order to analyze driver behavior and determine appropriate insurance rates," said Vice President of Innovation. "Pentaho delivered not only the data analysis performance we needed, but also provided highly customizable reporting dashboards that give our customers greater flexibility and self-service reporting capabilities."

The Outcome: Customer Access to Visual Updates and Flexible, Accurate Reporting

Thanks to Pentaho's big data analytics solution, the company is now able to provide their customers with automated dashboards and flexible reporting capabilities. Their customers now have access to a visual update showing diagnostics on program health, indicators of potentially fraudulent user behavior, and other key performance indicators. These reports and dashboard are backed by some of the industry's most advanced data analysis and machine learning algorithms to ensure the highest level of accuracy in recognizing driver behavior through automated driver detection capabilities.

Pentaho can easily accommodate the growing data volumes. Over the past 2 years alone, they have analyzed about 5 trillion data points. Fast go-to-market with differentiated business intelligence capabilities, seamlessly embedded within their existing solution. Provide insurance clients with expanded analytics from program effectiveness, potential fraudulent user behavior to other key performance indicators.

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