How IoT has revolutionized the Vehicle Fleet Solutions in India?
IoT (Internet of Things) plays a significant role in fleet management by connecting the applications to deliver data and services that makes fleet operations safer and cost effective. With Machine to Machine (M2M) solutions, the internet of things created a tremendous impact in vehicle fleet solutions in India.
Do you pay attention to the tyre pressure of your car? Might be you remember to check it whenever you visit the gas station? But are you apprised of the fact that the fluctuations in temperature and pressure can have a dramatic effect on the durability of your tyres? Though it might not have a considerable impact on the overall maintenance cost of the vehicle for a single user, but the fleet operators who have hundreds of vehicles cannot overshadow the point of maintaining the right tyre pressure in their vehicles. Therefore, maintaining the optimum tyre pressure in the vehicles, depending upon the size of the vehicles can save thousands of dollars of annual maintenance costs for the fleet operators.
How IoT works for Fleet Management?
In order to make the world more connected, the power of IoT is being harnessed in every possible manner. It is the inter connectivity that enables us to have a control on every connected object despite being miles away. Fleet management is the latest industry that is transforming; connecting vehicles and drivers like never before.
If we talk about the logistics, the supply chain comprises of various stakeholders including the manufacturers, transport companies and the retailer. Information sharing and connectivity is quintessential for all of them. Hence, IoT has an important role to play in this industry.
In the fleet management, the Internet of Things works across 3 main technologies:
With RFID, one can control and track products. On the other hand, GPS and OBD make it possible to obtain real time information on the routes, driving conditions and the vehicle maintenance. Thus, IoT significantly makes vehicle tracking solutions much more economical, efficient, automated and reliable as well.
Working and operating on real time information can help a company in making swift decisions and improved performance. Technology is transmogrifying and if it goes the same pace, then the day is not far when IoT will become the lifeline of the fleet management industry. The proper implementation of IoT will diminish the overall cost by optimum utilization of resources and enhanced performance.