VisionTrack launches groundbreaking AI-powered video analysis to help save lives, reinforce road safety and reduce insurance costs
Wednesday 8 February, 2023
VisionTrack, the leading AI video telematics and connected fleet data specialist, part of Markerstudy Group, is transforming commercial fleet safety with the launch of a sophisticated AI-powered post-analysis solution.
NARA (Notification, Analysis and Risk Assessment) will revolutionise how vehicle camera footage is assessed and help vehicle operators to dramatically reduce road deaths and injuries. VisionTrack also estimates that the technology also reduces insurance costs by an average of £2,000 per claim detected.
“Our cloud-based NARA software is a true game changer in the world of video telematics as it will help save time, costs and most importantly lives, by providing proactive risk intervention and accurate incident validation,” explains Richard Kent, President of Global Sales at VisionTrack. “NARA proactively removes false positives and monitors driver behaviour, without the need for human involvement. With traditional video telematics solutions, commercial fleets can be experiencing hundreds of triggered daily events, so this will enable them to deliver more efficient working, whilst not compromising on road safety.”
NARA is device agnostic so can be integrated with existing connected vehicle technology – whether VisionTrack or third-party hardware – and adds another powerful layer of analysis to AI vehicle cameras, installed with edge-based AI technology, that are often limited by the processing capacity of the device.
NARA represents a huge step forward for video telematics as it uses ground-breaking computer vision models with sensor fusion to assess footage of driving events, near misses and collisions. This ensures the review process is manageable and timely, while eliminating human availability or error, so vehicle operators can make best use of video telematics insight to better protect road users and help prevent collisions.
During the testing phase, a 1100-strong logistics fleet was found to be generating on average 2,000 priority videos a week, which would typically take someone over 8 hours to review. NARA reduced the time needed to review events that require human validation to just minutes per day. As a result, the company is now targeting more efficient risk management, whilst supporting their road safety strategy.
Advanced object recognition uses deep learning algorithms to automatically identify different types of vehicles, cyclists and pedestrians. With incredibly high accuracy levels, it will be able to distinguish between collisions, near misses and false positives that can be generated by harsh driving, potholes or speed humps. The software will also include Occupant Safety Rating that uses a range of parameters to calculate the percentage probability of injury and immediately identify if a driver needs assistance.
“As a true advocate of road safety, having already pledged our support to global initiative Vision Zero, we are passionate about helping the industry achieve its target of eliminating all traffic fatalities. Our vision is to create a world where all road-users are kept safe from harm, so we are embracingthe latest advances in machine learning and computer vision to further enhance our industry-leading IoT platform, Autonomise.ai, and AI video telematics solutions,” concludes Kent.