Fleet managers spend a significant chunk of their time, effort & resources in managing vehicles effectively. It is while ensuring they meet the efficiency, safety, and performance standards. Though today, most of them are leveraging the benefits of the Internet of Things (IoT) to lower ownership costs, fuel consumption, fleet maintenance, and analyze performance. It is one of the fastest-growing technological trends that offer the world the advantage of leveraging connected infrastructure.
Through this blog, we will provide a detailed rundown of what comprises IoT-based fleet management. It would cover IoT applications’ use cases and benefits in fleet management. And how you can leverage IoT capabilities to automate processes, optimize costs & improve decision-making. So let’s get started!
An IoT fleet tracking system uses a combination of Global Positioning System (GPS) technology and internet connectivity to track the location and status of vehicles in a fleet. GPS devices, often in small, portable units, are installed in each vehicle and transmit their location data to a central server. Fleet managers can then access and analyze this data using a web-based application or mobile app. The system can also gather and transmit other data, such as vehicle speed, fuel consumption, and maintenance status. Additionally, the system can often be integrated with other technologies, such as cameras and sensors, to provide even more information about fleet operations.
Potential of IoT in Fleet Management
According to Valuates Reports;
IoT is expanding the possibilities of intelligent fleet management with connected vehicles. The technology connects telecommunication with informatics to capture and circulate actionable data between drivers and dispatchers in real-time. Listed below are the core benefits of IoT for fleet management;
We can help you leverage smart, connected assets for optimal fleet use, improved manageability & fleet profitability!
Having an IoT-Powered device means fast and reliable connectivity with a single powerful gateway. Below are some use cases of how it can help fleet operations.
IoT leverages a specific tech stack for digitalizing fleet management operations. It eliminates paperwork, logbooks and the need to switch between disparate systems and software platforms to perform routine functions. IoT in the fleet management industry runs on four essential technologies listed below:
GPS enables easy access to actionable data on connected vehicles in real-time for remote monitoring and managing of vehicles and assets
This automotive electronic system has self-diagnosis and reporting capabilities. Installed inside a vehicle, it analyzes engine performance & repair needs.
This robotic technology uses radio waves to identify & track objects that are embedded with tags in real time.
These hardware transmitters broadcast their identifier to portable electronic devices. The technology enables the smartphone to automate push notifications and prompt actions when close to a beacon.
Telematics technology supports many devices – from temperature sensors to video cameras to portable electronic recording devices. These devices connect wirelessly to the vehicle to monitor its location, movement, speed, performance & condition.
Fleet management companies not leveraging telematics are missing out on opportunities to cut costs, optimize vehicle use and make their operations more efficient. IoT technology’s benefits to fleet owners cannot be overstated: no drivers stranded en route, no urgent need for a technician, no missed deliveries, no engine failures, and no hefty penalties!
As an experienced IoT software development company, we help you build fleet- management-focused solutions that cater to your unique business needs. Whether you want to stay compliant, cut costs, increase driver efficiency or track your cargo.
After realizing the proven process efficiency of integrating IoT, a US-based logistics development company turned to Rishabh to develop a fleet management solution for their operations. They wanted to eliminate paper logs with accurate and reliable digital records of duty status (RODS) for all commercial drivers. It would ensure compliance with US federal regulations. We developed a cross-platform fleet management mobile app by using Xamarin. It allows fleet owners & operators to monitor, manage driver logs and conduct vehicle inspections.
Give this case a read, if you wish to learn more about how we helped leverage IoT capabilities to support fleet operations.
Today, IoT fleet management software has become indispensable. Fleet managers and business owners feel more confident with an IoT-powered solution that enables them to do their job efficiently. And, as technology advances, the features it offers go way beyond its intended scope. However, you would require a professional team like Rishabh Software to build a reliable IoT solution. If you are looking for a technology partner or want to leverage our IoT talent to help you create your custom fleet solution, we can help.