Explore How IoT is Transforming the Transportation Industry

The transportation industry has rediscovered
its strength through the tremendous cooperation of IoT. We cannot deny the fact that our lives are
hugely dependent on transportation. Be it for every day travelling, destination
travelling, delivery of fresh food to the market, delivery of items ordered
online….all run successfully through the smooth operations of transportation. With
the intention to make the transportation industry perform even better, IoT has
introduced several new ways through which the transportation industry can
strengthen its performance. No doubt that in today’s times, transportation is
approachable to public transit, shipping, riding, sharing and an abundant
amount of convenience. With the boon of IoT, the transportation industry has gathered
the resources through which innovation and adaptation has become a cakewalk.

The following paragraphs express how IoT in transportation and logistics industry has solved occurring problems from
a sunrise to the same sunset.

Monitors
Vehicles Status

Being aware of the ways through which cars and
other vehicles work is a huge deal for the owners. Understanding vehicles could
get challenging as they are kind of complicated pieces of machineries. When it
comes to businesses that deal in fleet of vehicles, IoT intelligence helps them
in saving millions of dollars by predicting the possibilities of a vehicle
break down in the middle of the route. Along with this, IoT optimizes various
other factors apart from vehicle health. Fuel consumption and idle time tops
the list. This reduces the business cost and frees the drivers from monotonous
and danger prone tasks. Example: Manual reporting.

Enhances Fleet Logistics

Fleet management is not limited to managing
vehicles alone. IoT supports fleet logistics to explore a different dimension
altogether. Tracking successful shipments, optimizing the shipping
delivery of routes, reducing costs generated by logistics’ inefficiencies,
enhancing bottom lines and more are what IoT does effortlessly. Consolidating
data related to weather advisories and road blocks helps to minimize obstacles that
challenge smooth fleet logistics operations. Through the IoT based strategies,
fleet logistics has successfully overcome the troubles of any type in no time.

Redefines Vehicle
Ownership

These days, it has been observed that car
owners are focusing on carpooling services rather than using their own cars.
This is because the commercial car services are much cost effective and takes
care of the customers in supreme ways. The car services have become so strong
that different models of cars and bikes could be seen on the road along with
the personal cars of individuals. In fact, the hard cold data from various
surveys reveal that within the next 7 to 8 years, the utilization of cars will
reduce by 80% and individuals will invest in the cost effective car/carpooling
services. IoT has been supporting such car services to expand in ways that not
only highlights customer security in a cost effective ways but also provides various
suggestions based on which these services can grow effective with the flow of
time. Since the time these services were introduced in the market, a
significant reduction in the car ownership has been noticed. This is not only
good for the environment as a significant reduction in the pollution could be
noticed.

Speeds Up Vehicle
Movement

This might make you think that traffic is the
only reason that slows down the vehicle’s speed, but it is not like that. IoT
has the potential to choose the most traffic free routes for any vehicle to
reach the destination in minimum time. Along with this, for the delivery of
environment sensitive products like oil, gas, brittle items and more require
routes that do not have any hurdles in them.

Crafts Better
Inventory Management

Fetching the real time information about the production
center, warehouse, distribution map helps the transportation industry to cuts
down the cost of inventory. Once the inventory cost has been managed, improving
predictive maintenance happens in a blink of an eye. The occurrence of
managerial errors in inventory could be easily curbed through the IoT strategies.
The impact of data collected by the IoT sensors has the potential to legalize and heighten inventory
management.

Conclusion

IoT is a boon to any industry. Especially the transportation industry has taken several leaps forward to betterment and growth by harnessing the power of the IoT. By combining security networks and monitoring vehicle performance and locations with IoT, businesses across the world have discovered the ability to overcome all the challenges that disturb the transportation industry from successfully completing their tasks. Safe transportation is on the top of the wish list of anyone at all. IoT assures safe transportation that efficiently traces the minute chances of any mishap en route much beforehand. Sending alerts immediately to protect people from any type of accidents is what IoT has been doing efficiently. With world-class mobility and location technology availability, IoT has managed to erase the inefficiencies that bogged down the transportation industry for so long. With IoT the transportation industry has a long way to go!

Author Bio:

Sanjeev is the founder of Biz4Intellia Inc.,
one of the leading IoT development companies in USA. He is extremely passionate
about the Internet of Things and keeps on exploring the possibilities unleashed
by IoT on a constant note. At Biz4Intellia, his concrete focus on building a
rapid growing, market-driven organization that delivers influential enterprise
IoT solutions, is simply unmatchable!

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