Mobile-based telematics — apps and hardware that measure driving behaviors — may be the future of safer roads. Increasingly, people are using these technologies to improve their own driving habits, while insurance companies use the data to offer rewards and discounts to safe drivers.
One of the most prominent companies — and one of the first — in this market is Cambridge Mobile Telematics (CMT). Co-founded in 2010 by MIT professors Hari Balakrishnan and Sam Madden, CMT develops incentive-based apps for safe driving that are being used worldwide, with aims of making drivers better and roads safer.
DriveWell, CMT’s flagship app, is based on years of MIT research and runs in the background on a smartphone, collecting data to detect road types, driving smoothness, speeding, phone distraction, and other factors… Full Article