Connected car data solutions specialist IMS has launched a new service to provide live, real-time access to vehicle insights and mobility data.

Leon Hurst, CEO, Mobility Division for IMS

Aimed at leasing, rental and fleet companies, the Vehicle Data Exchange can take data from OEM-embedded hardware and any aftermarket device.

It’s designed to remove the complexity and resource burden of having to manage multiple aftermarket data collection sources and align multiple OEM partnerships.

Instead, IMS customers get access to real-time telematics data from any data source, across any mixture of vehicles.

This data is then intelligently aggregated, normalised and enriched, and delivered securely via a single configurable interface, offering instantly actionable insights.

“The IMS Vehicle Data Exchange works across brands, models, and telematics technologies to fully connect all users,” said Leon Hurst, CEO, Mobility Division for IMS. “Unified access to both OEM embedded telemetry and any aftermarket sensor ensures fleet managers, insurers, and vehicle owners have total control via the only one-stop solution available in market. By providing our customers with immediate access to live, actionable data and insights, their focus can shift to operationalizing the value they bring, proactively growing revenues, and improving customer experiences.”

Key benefits include full connected vehicle insight and intelligence through real-time access to odometer (ODO) readings, trip data, vehicle health information, consumables, driving behaviour, accident detection, claims management, and usage-based verification.

It’s compatible with any light, medium, or heavy-duty vehicle and all vehicle data sources through IMS’ data-source agnostic model, providing full coverage for any multi-marque vehicle fleet.

It’s already being made available to IMS lease and mobility customers in the UK and EU. This includes leasing and fleet management firm Ogilvie Fleet.

“The IMS Vehicle Data Exchange gives us access to live, real-time odometer readings which allow us to proactively book and arrange scheduled maintenance servicing,” said Gavin Clisby, operations manager at Ogilvie Fleet.

“Specifically, we can now easily identify which vehicles are in danger of incidents, such as premature belt failure, so that we can prevent potentially extensive engine repairs. IMS’s one-stop, vehicle connectivity solution means we have better control over in-life lease management to provide better customer service based on insights like vehicle faults, among other clear benefits, which lead to improved residual values.”