Vehicle Operation Management Solution 'Hyogwa' Reduces Accident Rate by 85%

S-1 Analyzes Big Data of Customers Using Vehicle Operation Management Solutions
Market for Operation Management Solutions Expected to Expand Due to Strengthened Regulations

The ‘Vehicle Operation Management Solution’ has been found to be highly effective in reducing accidents involving commercial vehicles such as buses and trucks. This solution analyzes and provides real-time vehicle operation information?including location, routes, and driving habits?through communication devices installed in the vehicles. The accident rate for vehicles equipped with this solution decreased by nearly 85%.

On the 25th, S-1 Corporation (CEO Namgung Beom) announced the results of an analysis on risky driving behaviors of commercial vehicles over one year, from August last year to July this year, using big data from 150,000 customer vehicles utilizing their vehicle operation management solution.

According to S-1’s analysis, one company that implemented the vehicle operation management solution saw its accident count per 10,000 vehicles drop sharply from 5,207 before adoption to 798 after adoption. This represents an 84.7% reduction in accident occurrence. A representative from S-1 explained, "The vehicle operation management solution enables real-time monitoring and status management of drivers’ risky driving behaviors. Drivers can visually check their own driving habits, which raises awareness about safe driving, leading to a decrease in accidents."

Regarding ‘sudden acceleration,’ a risky driving behavior commonly occurring in pedestrian crossing accidents, general commercial vehicles recorded an average of 5.7 incidents per 10,000 km, whereas vehicles using the vehicle operation management solution averaged only 4.3 incidents, a 24.6% decrease. A reduction in sudden acceleration makes it easier to respond to pedestrians who suddenly appear at crosswalks, which naturally leads to a lower accident rate.

In particular, ‘sudden deceleration,’ the leading cause of major accidents such as highway rear-end collisions, showed a remarkable accident prevention effect with the vehicle operation management solution. General commercial vehicles experienced 518.4 sudden decelerations per 10,000 km, while vehicles using the solution had only 7.5 incidents, a 98.6% decrease. It is explained that steady driving habits were established through the solution, reducing sudden deceleration events and enhancing accident prevention.

Since traffic accidents involving commercial vehicles can fall under the Serious Accident Punishment Act, and from October this year, waste transport companies that fail to transmit location information will be subject to mandatory penalties, the industry expects the vehicle operation management solution market to expand to comply with related laws. It is estimated that 24,000 construction waste vehicles will be subject to penalties starting in October. A representative from S-1 stated, "We have been striving to reduce traffic accidents for over ten years through our vehicle operation management solution ‘Ubis.’ As related regulations are strengthened and the scope of application expands, we will continue to add various functions to the solution and take the lead in accident prevention."

This content was produced with the assistance of AI translation services.