Technical Insight
UNLEASHING THE NEW ERA OF SMART FLEET MANAGEMENT WITH IoT SHWETA BERRY Aeris Communications India Pvt. Ltd.
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he demand for smart fleet management is expected to grow multi-fold in the coming years at the back of rising ask for fuel efficiency combined with highspeed networks. From regional perspective, the APAC region will see rise in lucrative opportunities for smart fleet management and factors supporting this are stringent government regulations, combined with improved transportation facilities and infrastructure. Among various sectors, the automotive and mobility sector has increased the usage of IoT technology to boost their customer experience as well as to steer innovation and development across
14 | Telematics Wire | April 2022
the fleet management industry. According to the “Indian Internet of Things (IoT) Growth Opportunities” report, the IoT market in India is expected to grow at a compound annual growth rate of 13.2% from 2020 to 2025.
Fleeting forward with IoT While new-age technologies have continued to strengthen their grasp over our daily lives, there are still some noticeable improvement spots, particularly in terms of cars, trucks, etc. Here, IoT holds great potential to transform this aspect and usher in a new era of smart mobility. With the help of cellular communications
to further transmit necessary information as well as with the added help of technologies like AI, Big Data, Predictive Analytics, etc, IoT also has the power to revolutionize the fleet management industry. In this way, fleet owners are able to keep a track of their vehicle’s performance and are able to have informed conversations with their stakeholders. Tesla Motors’ “Over The Air” software update is a good example of how IoT is a gamechanger in terms of fleet management. Recently, the National Highway Traffic Safety Administration in America had published recall announcements, inclusive of one from Tesla Motors, which had
