Today fleet management market enjoys growth from $9.54 billion in 2016 to $27.90 billion by 2021, according to Markets and Markets forecast. By connecting vehicles and managers, IoT offers solutions to multiple daily struggles in this business niche. Can application of IoT technologies become a backbone for your logistics or transportation industry?
Trucks, planes, trains, cars, cargo containers… No matter what type of vehicle your business deals with, IoT offers solution for a good few of IoT fleet management concerns when trying to comply with more and more rigid government regulations and on the way to the lowest possible cost of ownership.
Fleet management concerns & solutions that IoT offers
How does it work from the IoT perspective?
At the primary level, a corresponding gateway computing device and/or multiple purpose-built sensors are set up to your fleet vehicle. Then these computing devices distribute information in two possible directions, i.e. local analytics and cloud [2]. Local analytics allows:
Bottom line Have you ever thought of reallocating your company’s technical resources to focus on differentiating capabilities to help you compete? Then IoT for fleet management is definitely, what you’ve been looking for. It can certainly provide you a platform to do a lot of basics for specifically your business’s needs by offering multiple IoT fleet management solutions.
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