Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, today announced the expansion of its AI-driven telematics platform, DriveWell®, to connected vehicles. The industry-leading platform gathers sensor data from millions of IoT devices, including smartphones, proprietary Tags, dashcams, third-party devices — and now, connected vehicles with DriveWell Auto™ — and fuses them with contextual data to create a unified view of policy risk from driver and vehicle behavior. The normalization of driving data across disparate data sources provides auto insurers, automakers, rideshare, fleet, wireless, and safety companies an unparalleled, physics-based view into what’s actually happening on the road and behind the wheel.
“There is a wave of innovative IoT data sources coming that will be critical to understanding driving risk and lowering crash rates. CMT fuses these disparate data sources to produce a unified view of driving”
“Fusion is the only way to unify everyday driving behaviors across vehicles and drivers in a policy. For example, a family that wants a telematics program may have both connected and unconnected vehicles. You need fusion to give them a consistent customer experience.”
Hari Balakrishnan, CTO and founder of CMT.
The addition of connected vehicle data to DriveWell® comes amid significant disruption in the auto insurance and automotive industries. IoT Analytics projects the total number of global IoT devices to surpass 27 billion by 2025. Analysts expect 7.2 billion active smartphones and over 400 million connected vehicles on the road in the same time period.