{"id":14073,"date":"2023-09-16T01:17:02","date_gmt":"2023-09-16T01:17:02","guid":{"rendered":"https:\/\/mysourcefunding.com\/leadership\/how-ai-is-helping-big-fleet-operators-cut-greenhouse-gas-emissions\/"},"modified":"2023-09-16T01:17:03","modified_gmt":"2023-09-16T01:17:03","slug":"how-ai-is-helping-big-fleet-operators-cut-greenhouse-gas-emissions","status":"publish","type":"post","link":"https:\/\/mysourcefunding.com\/?p=14073","title":{"rendered":"How AI Is Helping Big Fleet Operators Cut Greenhouse Gas Emissions"},"content":{"rendered":"
\n

By Benjamin Raziel<\/p>\n

As scorching heat waves, wildfires and hurricanes fuel greater attention to global warming, businesses with significant greenhouse gas emissions are putting a premium on new technologies that promise to reduce their carbon output.<\/p>\n

From truckers and public transit systems to construction and farm operators, companies are increasingly turning to fleet management technology to shrink the environmental impact of their sprawling operations.<\/p>\n

The trend is accelerating as artificial intelligence and machine learning help fleet management services deliver new efficiencies that weren\u2019t previously possible \u2013 like analyzing driver behavior in real time to cut down on inefficient driving actions, or flagging a construction vehicle for preemptive maintenance to avoid wasteful wear-and-tear and costly equipment breakdowns.<\/p>\n

These next-generation technologies have the potential to make a dent in some of the largest sources of greenhouse gas emissions. The transportation industry, for example, accounts for more than 15% of global carbon dioxide emissions, according to the Center for Climate and Energy Solutions. Energy, agriculture and other heavy industries are also major contributors.<\/p>\n

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One of the leaders in the fleet management space is MiX Telematics, a South Florida software-as-a-service provider that focuses in part on helping customers improve their environmental sustainability. MiX\u2019s technology \u2013 including new AI and machine learning offerings \u2013 enables enterprise customers to monitor driver behaviors and other benefits that lead to increased fuel efficiency and lower emissions.<\/p>\n

\u201cThe only way for fleets to achieve sustainability goals and remain competitive is through the data insights available through telematics,\u201d said Steve Ratcliffe, MiX\u2019s global product manager.<\/p>\n

In practice, those data insights can directly lower fleets\u2019 greenhouse gas impact. MiX\u2019s services include software programs to help trucking companies plan more efficient routes and AI-powered dashboard cameras that analyze driver activity to deter inefficient actions, like aggressive braking and accelerating, which waste fuel and can strain the vehicle. Meanwhile, any business with heavy assets can use AI programs to proactively maintain and repair their machinery or analyze how to most efficiently distribute these valuable resources across their operations.<\/p>\n

The climate benefits of these changes can add up. Hard acceleration and braking can lower fuel efficiency and highway mileage by 33 percent, according to Department of Energy studies. Proactive maintenance, meanwhile, can improve gas mileage and fuel efficiency by 4 percent \u2013 and reduce breakdowns and idling, which are particularly wasteful sources of greenhouse gas emissions.<\/p>\n

\u201cOptimal driving techniques can also help you cut emissions and save money in a gasoline-powered car,\u201d according to the Center for Climate and Energy Solutions.<\/p>\n

Even fleet operators shifting to electric vehicles are turning to AI and other new fleet management solutions to help overcome some of the major hurdles that still stand in the way of widespread EV usage, like battery and range limitations.<\/p>\n

\u201cThe rapid growth of electric vehicles in commercial fleets is forcing a change in not just driver behavior but also management thinking,\u201d said Ratcliffe. \u201cThe driver\u2019s journey from diesel to electric or any alternate fuel requires training and ongoing coaching to gain their acceptance and advocacy.\u201d<\/p>\n

The growing interest in environmental sustainability among businesses and investors has been a boon for companies that can help enterprise customers meet those goals. That\u2019s true of MiX, which recently surpassed one million customers and provides software services in more than 120 nations.<\/p>\n

In a recent survey by management consultancy PwC, 44 percent of investors said that confronting climate change should be one of the top five priorities of a business.<\/p>\n

\u201cEven in a challenging economic environment, almost half of the investor community sees climate change as a top five priority for business,\u201d said Will Jackson-Moore, head of PwC\u2019s global sustainability team. \u201cInvestors expect business to be able to change in ways that enhance profitability, build trust and deliver sustained outcomes.\u201d<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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