Methods and systems for fixed extrapolation error data simplification processes for telematics

A system comprising:

• an interface layer at an asset to receive raw data from a data source at the asset;
• a controller at the asset to:
• determine that a data logging trigger is satisfied by determining that a recently obtained point in the raw data differs from a corresponding predicted point predicted by extrapolation based on previously saved points included in one or more previously generated simplified sets of data by an amount of extrapolation error that is limited by an upper bound that is fixed as the raw data is collected over time;
• and
• when the data logging trigger is satisfied, perform a data simplification algorithm on the raw data to generate a simplified set of data;
• a communication interface at the asset to transmit the simplified set of data;
• and
• a server to:
• receive the simplified set of data;
• and
• extrapolate a status of the asset based on the simplified set of data in response to a status request.