Internet, a present-day technology trend, is revolutionizing and affecting all industries. One such industry is the Transportation Industry. Technology trend of IoT in transportation industry brings wide-array of benefits for fleet managers worldwide. Fleet managers around the globe are aware of the fact that optimum load management of the trucks can boost up their revenue.
IoT empowers you to predict any maintenance requirements your truck may need in the future. It lets you schedule the equipment maintenance effectively, resulting in fewer downtimes. Incorporating IoT solutions in your transportation business will bring transparency to your trucking operations and will enable you to manage your fleet effectively.
Functioning of IoT in optimizing fleet management:
The introduction of IoT in transportation industry empowers the fleet managers to manage their fleets remotely. For example, fleet owners can know about the exact weight of truck-trailer so that they can contact the drivers to unload some cargo to prevent unnecessary fine payments.
Advantages of using IoT in fleet management:
1. More Transparency towards your Fleet
What if you don’t have to check the real-time weight inside your truck/trailer manually? What if you don’t have to call your driver and ask for the delivery status or the cargo status? What if, I tell you that you can do all of it and more via your mobile phone? Sounds Interesting, right? This is what industrial IoT brings to the transportation industry.
The Industrial IoT utilizes Sensors such as the Location Tracking Sensor, Humidity and Temperature Measurement Sensors, Weight Measurement Sensors and many more to empower you to make intelligent business decisions. IoT allows the fleet managers to know the real-time status of their fleet as well as the cargo, which results in improved fleet management.
2. Driver Management
The blood-curdling problem with drivers is their reckless driving. Feature-rich fleet monitoring solution helps the fleet managers to keep a check of speed at which the truck driver is operating the truck. Fleet managers get the real-time notification alert about the unusual speed of the truck.
You can even know when and which truck/trailer a driver was operating with the historical data analysis. This function lets you manage your assets and empowers you to make your operations more efficient.
3. Route Management
Sometimes the bad traffic conditions can cause a delay in delivering of goods to their destination. This ultimately affects the delivery time. But, the smart fleet monitoring solutions have put an end to these issues by introducing the route management capability.
Smart sensors integrated into the trucks constantly provide the routes on which the truck is running. Accordingly, the fleet managers can direct their truck drivers in real-time to follow the route which is having lighter traffic.
4. Reduction in Operational Costs
We have just discussed that we can manage the routes optimally. Optimized routes reduce fuel expenses and make transportation operations cost-efficient. IoT empowers you to execute your tasks at more pace which reduces the resource consumption per task. For example, with the implementation of a fleet monitoring solution, the time of the execution will reduce and effectiveness increase.
5. Intelligent Business Decisions
The data collected from the sensors over time are stored in the cloud. With advanced analytics, which is the essential element of a fleet monitoring solution, you can make use of the historical data and can come up with Intelligent Business Decisions. For example, you can co-relate the business operations with a business output (Revenues) and decide your location.
Conclusively, the Internet of things technology is beneficial for the transportation businesses because it helps transport owners to increase profits and decrease unwanted costs. If you are into the transport business and looking forward to rolling out your first IoT end-to-end solution to enhance revenues, it can be done simply enough.
The Contributor to the Text is
Sanjeev Verma, the Chief Executive Officer (CEO) of Biz4Intellia, responsible for leading Biz4Intellia’s global business strategy and operations. Being an Internet of Things (IoT) enthusiastic from the beginning of its professional career, Sanjeev loves to read and write blog/articles related to the disruptive technologies that are trending.