HOW IoT IS MAKING: TRANSPORTATION INDUSTRY SMARTER
CIO Review|July 2020
With the world advancing towards the concept of adopting new technologies, Internet of Things has undoubtedly become one of the key drivers for large businesses to grow. Already making noteworthy impact on various businesses, IoT is set to continue to steer innovation and development across the fleet management industry.
Sameer Mahapatra
HOW IoT IS MAKING: TRANSPORTATION INDUSTRY SMARTER

The global trucking industry is undergoing changes manifolds. Older vehicles are being replaced with ‘smart trucks’, using Internet of Things (IoT) technologies and cellular communications to transmit necessary information for management of today’s fleet operations. By combining IoT with AI, Big Data, and Predictive Analytics, IoT has the power to revolutionize the fleet management industry.

Today, IoT is helping fleet owners understand their vehicle’s performance better. The technology has made easy for the owners to understand the relation between Man and the Machine with a lot more sophistication. It has also enabled them to develop and evolve relationships by having informed conversations with their customers, dealers, suppliers and deliver new, innovative value-added services such as infotainment, userbased insurance and even financing. Even small to large fleet operators are now investing in connected vehicles, as telemetry has proven its mettle at improving both safety and security of movable assets, improve route-planning, and optimizing supply chain logistics, among many other benefits.

Real-Time Data Access

Do your drivers make redundant stops on their way for delivery? Do they keep the engine switched-on for longer which results in wastage of fuel? These issues might not seem relevant in day-to-day work, but when it is looked at from a business point of view, these little stoppages can cost a lot.

This story is from the July 2020 edition of CIO Review.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the July 2020 edition of CIO Review.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM CIO REVIEWView All
Cognitive Fashion Design Using AI And Automation
CIO Review

Cognitive Fashion Design Using AI And Automation

Fashion Industry is one of the top contributors to Global GDP and amongst the highest employment generator.

time-read
4 mins  |
March 2021
Blockchain-Based Cybersecurity For IoT
CIO Review

Blockchain-Based Cybersecurity For IoT

Arumani Subramanian completed AI/ML Information Technology from IIIT Hyderabad and Bachelor of Technology in Computer Science from Pondicherry Engineering College. His keen interest circles around making business profitable by digital innovations, and mapping digital pathway. He is an expert of Blockchain, RPA with right use cases and leads a team of architects and solutions team.

time-read
3 mins  |
April 2021
Artificial Intelligence & The Disruptive Chatbot
CIO Review

Artificial Intelligence & The Disruptive Chatbot

Chatbot Technology has always been a game changer whether it’s content, data or e-commerce - businesses underwent change to survive due to the changing consumer perception, business value and convenience.

time-read
3 mins  |
March 2021
How Financial Services Companies Are Striving Through The Data Age
CIO Review

How Financial Services Companies Are Striving Through The Data Age

With experience in account management, corporate account management, and regional sales direct, he is leading the firm.

time-read
3 mins  |
April 2021
RPA IN ACTION IN THE FINANCIAL SECTOR
CIO Review

RPA IN ACTION IN THE FINANCIAL SECTOR

A renowned professional in artificial intelligence, investment banking, managing consulting and profitability delivery, in the industry for 20+ years and consultations for 10+ Fortune 500 organizations.

time-read
4 mins  |
April 2021
PayNearby
CIO Review

PayNearby

DETERMINED TO CREATE A DIGITALLY FORWARD AND FINANCIALLY INCLUSIVE NATION

time-read
2 mins  |
April 2021
A SNEAK PEAK ON – BLOCKCHAIN TECHNOLOGY
CIO Review

A SNEAK PEAK ON – BLOCKCHAIN TECHNOLOGY

Let’s begin this conversation by focusing on the fundamental aspect, i.e. by ‘Defining Blockchain.’

time-read
2 mins  |
April 2021
Impact Of Algorithms On Society
CIO Review

Impact Of Algorithms On Society

A common dystopian science fiction future is where the robots take over the world.

time-read
4 mins  |
March 2021
MULTIPLYING OPPORTUNITIES IN BIG DATA ANALYTICS
CIO Review

MULTIPLYING OPPORTUNITIES IN BIG DATA ANALYTICS

The advent of modern computer networks and the democratization of information has exponentially multiplied the amount of digital data being generated.

time-read
2 mins  |
March 2021
OMDENA
CIO Review

OMDENA

INTRODUCING NEW FRONTIERS OF PROBLEM SOLVING WITH AI

time-read
2 mins  |
March 2021