In this technology-driven world, every industry, including the fleeting sector, is integrating smart solutions for better productivity. The industries are now focusing more on improving their production both qualitatively and quantitatively. This is only possible with the implementation of the technology trends like the Internet of Things, where the industrialists get to automate their factories to major extents. For instance, if they want to keep a check on their production data, it can surely be done manually. However, when we incorporate IoT within the industrial processes, it enhances the same.
● It provides real-time updates on your smart device
● It provides better visualization of the analytics
● It improves the way equipment work and how the managers use them
Talking about fleet monitoring, it has been a rising concern where vehicles are made resource-efficient. The fleeting sector is thus moving towards bettering itself by involving the latest IoT capabilities and integrating them for enhanced growth of the fleet industry. With the increasing quantities of production, a rapid increase in fleet usage has been observed. Therefore, many real-time checks need to be performed for the vehicle's conditions, including fuel consumption patterns, driver’s behavior, and more. Using a smart fleet monitoring solution brings you a complete package that includes customized services and a dedicated system that works excellently. Before knowing about the smart fleet solution, let's take a look at how IoT plays a major part when integrated with the fleeting sector.
Role of IoT Technology in Fleet Monitoring
Using IoT technology in the fleet sector offers effective management of the fleet assets and insightful information to the managers. This enhances their work efficiency and makes it easier to gain insightful information for better business decisions. The role of IoT in the fleet sector is quite significant. It is not just easy to install but also gets started very quickly. Also, the technology helps the managers in easy tracking of the vehicles, the routes drivers take and keep a live check on the deliveries. Any delay in the product deliveries would send instant alerts, which allows the managers to take timely actions.
The recent survey has predicted that in the year 2021, the IoT fleet management market would approximately reach USD 8.28 billion. This is huge, not just in numbers but also in terms of quality services that IoT is rendering in the fleet industry. Otherwise, one can imagine the loopholes in the delivery delays, vehicle mismanagement, driver’s absence, wrong route leading to unnecessary expenditure, etc. However, these challenges can easily be resolved by employing IoT capabilities, followed by installing sensor devices, gateway connectivity, and a user-interactive dashboard. Thus, IoT can be fully integrated with the fleet sector for enhanced productivity and a better business approach.
Need of IoT for fleet monitoring
● Remote Monitoring of the Vehicles
Traditionally, it wasn't easy to keep a live check upon the driver’s driving habits or the route he was taking for deliveries. Also, it would cause delivery delays when there was any traffic jam or landslide. So, it has become quite important for fleet managers to be able to predict certain situations like weather conditions, vehicle health, driver safety, and, most importantly, real-time checks on every aspect related to the fleet vehicles. By installing sensor devices, implementing gateway connectivity, and user-friendly dashboard operations, the managers can easily keep tabs on their fleets and monitor their vehicles remotely.
● Automated Processing
The use of IoT technology in the fleet sector carries out automated functioning of the processes, where there is a very minimal requirement of manual labor. The automated processing within the fleet industry involves sensor-based connectivity between the vehicles and other fleet automobiles. The connectivity ensures strong communication between the fleet manager and the driver, even from far away. For instance, if a fleet manager wants to know the live location status of his drivers, the integrated IoT architecture system allows him to gain real-time insights of the same. Moreover, it allows the managers to communicate coherently and maintains consistency between every operation. It thus helps them to pace up with their fleets through IoT technology.
● Environment-friendly Operations
IoT technology involves many things being automated, which also benefits organizations with the efficient usage of energy resources. The technology allows the managers to have actionable insights about the amount of fuel used by a particular vehicle, the carbon footprint that the fleet might create in a day, and weather forecasts to schedule timely deliveries. If you are running a fleet business, you are probably using more than 2-3 vehicles in a day, and curbing the global warming issues is quite reasonable with the ongoing temperature fluctuations. Here, the role of IoT technology is huge. It lets you manage the vehicles and keep an eye on their working conditions, thus promoting environment-friendly operations. You can make your business a great hit on the roads when everything is well-managed, and you are also standing by the environmental rules.
● Smart Vehicle Management
Managing fleets is very difficult for the managers, and without accuracy, high precision, and timely updates, it becomes even more challenging. With the right IoT solutions like fleet monitoring systems, GPS fleet tracking, and oil/fuel theft solutions, there has been a rapid rise in the advanced ways to manage fleet vehicles. It is essentially benefitting the fleet industry with the increasing asset interconnectivity with the help of IoT technology. Smart vehicle management involves enhanced and upgraded fleet tracking solutions that help managers channel their fleet-related processes more efficiently. So, it will be an added advantage to the overall fleet business that with the integration of IoT in simple steps, you can manage all your fleets on a single dashboard.
● Real-Time Updates
The installation of an IoT-powered fleet tracking solution is a complete package that also includes real-time updates. As a manager, it is very confusing and messed up to deal with everything, at the same instance. So, it would be best if you look for more convenient ways that make your job smoother and efficient at the same time. Using an IoTized fleet monitoring system offers real-time updates along with single dashboard connectivity that makes your job more simplified and effective. With these real-time updates, you can take prompt decisions that also give enough time to take action even before a situation occurs. The use of IoT technology in the fleet sector is booming rapidly due to its effective services.
Apart from knowing all the applications of IoT technology in your fleeting business, you must also know the key factors required while choosing the fleet monitoring software. You would definitely want to know how fleet monitoring software contributes to your business success.
Must-have Key Factors while Choosing Fleet Monitoring Software
● Has advanced security for data syncing
Automatic data syncing
● Offers Real-Time Connectivity
Compatible with smart gadgets
● Congruent with Geo-Fencing Parameters
Monitor everything at once
● Has a User-Friendly Dashboard
Even the least tech-savvy person could use it
● Offers Services other than Location Tracking
Is a complete package in one solution
Wrapping it up
All these factors need to be kept in mind while selecting smart fleeting software. These factors help you decide the services you want to offer through your fleeting business. Adhering to such factors allows you to enhance your business to an improved level and raises the bar of rendering the services to potential clients.
