Samsara Inc. released data that shows how it’s helping customers reduce costs within the first year of adoption. Headwinds like inflation and high fuel prices have led physical operations companies to prioritize cost savings. Samsara helps leaders navigate today’s challenges and its technology can act as a deflation enabler.
For this data report, Samsara evaluated hundreds of logistics and field services customers with more than 793 million miles driven among them in the last year.
CUSTOMER BENEFITS
Benefits this sample customer cohort realized within their first year of Samsara adoption include:
- 47% reduction in crashes: Workplace safety is a top priority for many customers and reducing incidents is a particular concern. Customers with both Samsara Vehicle Telematics and Video-Based Safety solutions saw an even more dramatic decrease of 63%. This is a significant and immediate cost saving considering an average crash can cost between $16,500 and $74,000. The cost can be even higher in the event of a fatality.
- 40% decrease in idling: Fuel is a key cost for any organization that operates vehicles or equipment. Additionally, it can represent on average 60% of the total operating budget. Using telematics data from Samsara, customers can easily identify and coach drivers on fuel-wasting driving practices like idling. Assuming a price of $5 per gallon of fuel, this 40% decrease equates to roughly $2,500 per vehicle saved yearly.
- 20-plus% improvement in vehicle utilization: The average fleet wastes up to about 10% of its annual budget, often due to underutilized assets and lost productivity. Samsara’s 20-plus% improvement can directly translate to revenue per vehicle, in addition to any savings found by selling underutilized assets. These savings can then be reinvested back into the business.
“Leaders are under pressure to make every dollar count, and only want to invest in technology when it’s a clear win,” says Alexander Stevenson, general manager at Samsara. “Our study points to Samsara as an essential ingredient for smarter operations. We can quickly provide insights that increase productivity, cut costs, and help leaders navigate today’s challenges.”
Find out more and read the complete analysis of this data and gain additional insights, visit www.samsara.com.
