Utilimarc, a provider of business intelligence (BI) solutions, announced the release of a new, fully-integrated platform for its fleet benchmarking, analytics, and lifecycle applications for enterprise fleets.

Years of research and development has led Utilimarc to bridge the gap between siloed data streams and the insights needed for smarter fleet management, according to a news release from the company. Utilimarc's platform provides its users with a single analytical environment for all their data sources empowering teams at all levels of the organization with KPI dashboards and executive reporting for each area within their fleet. The unified BI platform supports a variety of third-party data integrations such as fleet management systems, telematics, fuel cards, drive cameras, and ERP software.

Utilimarc’s investment in technology and its ability to receive and analyze data provides a scalable approach to fleet management for the advent of emerging data sources such as electric vehicles (EVs) and OEM telematics. By analyzing EV data, Utilimarc provides customers with industry benchmarks and live data analysis empowering fleets to understand total cost of ownership for EVs as well as baseline comparisons with existing fuel-powered vehicles.

“Our layer of technology on top of existing data sources creates analytical stability and an immediate nimbleness for real-time feedback and decision making,” said Chris Shaffer, Utilimarc’s CEO. “Fleets need the constant updates and enhancement to their analytics database that will pivot with them rather than hold them back.”

The BI platform syncs with users’ data sources and provides real-time information with a picture of how their fleets are performing.

“The way we do business has changed,” Schaffer said. “The technology we deliver allows non-data scientists, from garage manager to executive-level management, to have access to eloquent data sets that they otherwise might not have had.”

Early adopters of Utilimarc’s Business Intelligence Platform include utilities and construction industry leaders Consumers Energy, Quanta, American Electric Power, Intren, and LG&E KU — receiving and optimizing data for more than 70,000 vehicles collectively.

“Utilimarc has become an extension of our team,” said Jeff Schneider, manager of transportation at LG&E KU.“Their platform helps us ensure that we are getting the most value from our investments in data and empowering us to make the right decisions when it comes to managing our fleet. We’re able to coach our drivers, predict maintenance costs and drastically reduce safety incidents on the road.”