How is telematics related to GPS? What does telematics have to do with fleet management and IoT? We will be happy to explain this in more detail.
The potential of telematics systems, as well as IoT (Internet of Things) also changed not only the business relationships between the companies, but also the way in which the public infrastructure works as a whole. It has been widely considered to be fundamentally transformative because it offers the ability to use and analyze huge amounts of data in ways that can dramatically improve efficiency, reliability, and customer service. This is effective fleet management with telematics.
In addition to telematics, the Internet of Things is only part of a broader digital change in logistics and the commercial transport sector. For its part, telematics also played an important role in the way transport works. The further integration of telematics systems and the Internet of Things will therefore continue to develop significantly in the coming years.
How does telematics fit practically into the development of the IoT and what role does telematics play for fleet management if the IoT expands? These are some of the key questions we will be dealing with here.
Overall, telematics and the IoT are changing the nature of fleet management and the transport industry. Telematics has been the industry standard in the fleet sector since the turn of the millennium, and thanks to telematics, it has given fleet managers detailed insights into the performance of their drivers and vehicles. Telematics, for example, has enabled vehicle fleets to forward vehicles in real time by sending them on the clearest route available.
Thanks to telematics, this in turn made it possible to deliver more reliably and quickly to customers. GPS vehicle tracking also enables fleet managers to track deliveries on their way to the customer, while telematics have also simplified vehicle maintenance so that fleets can maximize their uptime thanks to telematics.
Companies use telematics and IoT to support the management and monitoring of various types of commercial vehicles.
Telematics systems also facilitate the exchange of information between a central location and individual fleet vehicles.
There are telematics applications that can monitor the driving behavior of employees by tracking an employee’s driving speed so that drivers do not take any unauthorized breaks. These telematics applications can also help companies analyze driving data in order to better rationalize their transport processes.
In addition, commercial vehicle fleets must automate their reports, which include driving time, idle times, mileage, driving behavior, etc. Many commercial long-distance trucks in Germany today use a telematics system connected to their vehicles in conjunction with IoT to collect data.
By capturing GPS tracking along with telematics information, providers can offer cloud-based management services that can be accessed from desktop computers or mobile devices. Customized telematics applications interact with the telematics systems of the vehicles to get a complete picture of the operation of the fleet.
Tracking fuel consumption with telematics
Telematics improve operational efficiency
Asset tracking with telematics
Optimization of the route thanks to telematics
Telematics increases fleet security
Vehicle tracking is possible in real time with telematics
Automatic trip logging with telematics data
Warnings during vehicle maintenance are possible with telematics
Thanks to telematics, it is possible to identify risky drivers
While GPS tracking is nothing new, advanced telematics offers fleet managers a wealth of data, as well as a growing list of benefits that continue to grow with the advancement of telematics technology and provides road safety.
A press release from HUK-Coburg showed after a study that the use of telematics technology in Germany has a lot of potential. Based on 340 terabytes of telematics data and the networked vehicles with telematics, an adapted driving style can reduce fuel, the vehicle can be driven more resource-efficiently and accidents can be avoided thanks to telematics, as with Kinesis ..
Kinesis won the awards for the best connected car solution of the year (Computing Big Data & IoT Excellence Awards 2017), and the Real IT Awards 2017 for converting data into insights. In 2016, Kinesis was highly praised for the Internet of Things (IoT) award at the IT Industry Awards 2016.
Kinesis provides reliable data to track driver performance, productivity and progress. At a glance, you can call up detailed information on each route covered, including start and finish times, mileage and distance traveled. All without contracts or hidden fees. Kinesis is the most efficient solution for vehicle tracking, asset and driver management and saves your company time and money.
The award-winning telematics software makes it a perfect solution whether you’re using just a few cars or a fleet of vans and trucks. The telematics software is particularly valuable for companies that constantly change their fleet and want to be able to easily install the telematics systems without having to take their vehicles off the road for an engineering visit. It is time to run a telematics-capable company and improve fleet management.
Telematics combined with IoT enables the development of new digital supply chains as well as closer connection and coordination between different sectors, which offers potential for improved overall efficiency. The IoT enables a wide range of devices to network, from vehicles to household appliances, to exchange data in order to provide better insight.
As urban populations continue to grow rapidly around the world, understanding people’s movement and interaction is critical to building new infrastructures that maintain and improve quality of life. That’s where telematics comes in.
By facilitating data exchange, telematics contribute to better traffic safety (reducing the risk of accidents) and greater efficiency (including by improving traffic flow and reducing congestion), and also reducing CO2 emissions and improving urban air quality. Thanks to IoT, the telematics industry is experiencing more breakthroughs than ever before and this benefits fleet management.
For companies, it’s about securing more profits. Market observers have left no doubt that companies should change and invest in telematics and IoT in order to continue to hold their own. They explain that investing in telematics in the form of cost efficiency, rationalization of processes, risk reduction and optimization of the back-end performance analysis will pay off.
Everything sounds logical, doesn’t it? Well, the truth is that businesses without telematics, IOT and GPS will actually lag far behind consumer expectations and this backlog is already killing its first victims.
For the consumer, it’s about saving time, finding a smarter way to survive and work, using resources smarter and more conservatively, and making things easier. And the same goes for entrepreneurs to work more efficiently.
Telematics and IoT technologies, as well as mobile and wireless technologies, have enabled flourishing, interconnected digital supply chains and third-party ecosystems to add even more value to today’s commercial vehicle transportation industry with telematics.
They do this by leveraging the distributed nature of mobile and wireless devices along with the scalability of the cloud to integrate telematics and IoT technologies into business process and back office applications (e.g. logistics, inventory control, accounting).
The following are examples of industries that use these interconnected digital supply chains and ecosystems:
Similar to drivers in the transportation industry, insurance companies are interested in the good behavior of all drivers they insure. By monitoring driving habits (e.g. speed, collisions, mileage, etc.) with telematics and working with third parties to transmit, process and analyze driver information, insurance companies can set related rates and, thanks to telematics, discounts to customers based on their records of that Grant driving behavior.
Any company that provides services for the private or commercial sector (e.g. repair, maintenance, renovation, etc.) should track the vehicles for these services, as well as the tools and products that are required to provide these services, with telematics.
Take pest control, for example. Today’s pest control vehicles have been programmed and connected using telematics in such a way that they monitor the mileage and gas consumption of a vehicle, the travel time compared to idling and the amount of chemicals used per service. In addition, third-party solutions are used for inventory control and real-time billing.
For companies that lease or sell a single vehicle to a single consumer or fleet of companies, the combination of third-party mobile and wireless communication, telematics and IoT solutions enables vehicle manufacturers, resellers and leasing companies to automatically track cars and trucks on the road, making vehicle replacement decisions, and monitoring and troubleshooting maintenance issues before they even occur.
For example, to support vehicle exchange decisions, telematics captures the mileage of a vehicle and allows the leasing or distribution company to determine the average total point at which they can show their customers the decreasing response rates of each vehicle type and brand.
And by working with third-party vendors to develop vehicle tracking and maintenance programs, retail and commercial vehicle companies can collect and analyze data about the likelihood of various major repairs in various mileage areas that they can use to advise their customers about the life cycle of a vehicle.
Vehicle telematics is also under development to alert these companies to a potential problem before it occurs. You can alert the automaker and jointly make a decision about repairing or driving the vehicle.
Not only with telematics, but by installing IoT sensors in the new and existing infrastructure that we use every day, our cities will become cleaner, safer and far more efficient. It is not about flying cars and futuristic buildings, but about initiatives such as intelligent waste management, environmental monitoring, intelligent traffic and local traffic management with telematics and intelligent measuring systems that will improve outdated procedures seismically. It will be a change in the way we live, work, appreciate and move in our respective urban environments.
In the coming years, telematics and the Internet of Things are expected to develop into a comprehensive network that includes vehicles, household appliances, personal devices, intelligent sensors and other technologies. Machine learning will enable these technologies to become more autonomous, interpret usage patterns and habits, and reduce the need for active user input.
Many companies have embraced telematics and IoT to drive business growth by optimizing their business processes, involving their customers, empowering their employees, and improving their products. Companies have now started to see how telematics can benefit both their company and their industry. With an integrated telematics strategy and telematics implementation, your company can be one step ahead of the competition.
When considering building a telematics solution for your business, it is very important to understand how it is currently changing business processes for users. Combining with other emerging technologies is also a plus as they improve productivity, employee safety, asset tracking, customer experience, etc. These are just a few advantages that motivate modern entrepreneurs to integrate telematics into their business model.