NTT DATA UK and Collision Management Systems (CMS) have announced a new partnership agreement that will help organisations across a variety of industries use the wealth of data in their business to manage risk in today’s fast-paced innovative culture.
Technology provided by CMS collects data from vehicles, remote assets and non-vehicle sources to give a single view of risk - and has already cut the frequency and cost of incidents for many clients.
Statistics achieved by CMS’ customers include a 17% average reduction in the frequency of incidents and a 40% increase in the number of employees engaged in remedial training. CMS provides significant financial benefits with a 400% return on investment based upon reduced incidents and a £1,000 reduction in the cost per insurance claim. Combined with NTT DATA UK’s market reach and systems integration expertise, these benefits will now be available to a wider market, including insurance, engineering, public sector and transport industries as well as connected vehicle services.
The five-year agreement covers the UK and the EMEA region, with potential to make use of the global reach of both companies.
Commenting on this new partnership, Charles Smith, CMS CEO said, “It is testament to the CMS team and technology we have created that an organisation of the scale and reputation of NTT DATA has chosen to partner with us. Their global client base will benefit hugely from our software, so creating a structure that gives them quick and easy access to these solutions along with the support and scale of NTT DATA is going to be a potent combination. We’re looking forward to working with the NTT DATA UK team and their clients to help them reduce the risk and subsequent insurance costs of their customers or remote workers.”
Mike Jones, Head of Partners & Alliances at NTT DATA UK added, “We are very excited to have signed a reseller agreement with Collision Management Systems. Being able to offer a platform that brings connected, real-time vehicle data to our global clients across Insurance, Financial Services, Telco and Government is a huge asset to our growing capabilities. This partnership also highlights NTT DATA’s commitment to bringing innovative, cutting edge technology to our clients.”