IoT: Driving the Fleet of Future, Part II

Felix Lluberes, EVP Advanced Applications
07/06/2017

We recently explored some of the ways IoT is driving the fleet of the future. From culling data that identifies vehicle maintenance to drilling down into specifics about cargo being transported, we are seeing a revolution in efficiency and productivity for the industry.

While fleet has been an early adopter of IoT technology, it’s been largely exclusive to larger organizations. There a number of challenges that have cumulatively created a barrier to wider adoption, but the core of the issue has been cost. Most organizations have lacked the financial bandwidth to build, connect, secure, maintain and update IoT applications.

IoT is moving from being a luxury to being a necessity, which has created a gap in the market for affordable, quickly-implemented IoT platforms. The IoT industry is filling that void with opportunities for fleet organizations – regardless of size – to jump onboard through comprehensive, turnkey solutions that integrate a number of offerings into a single package, addressing five critical areas:

  • Equipment – For many fleet organizations, there may be a learning curve in finding the software and hardware necessary to facilitate an IoT application. We’re seeing a greater push by the IoT industry to make this equipment—from routers to tablets and everything in between—more widely available and cost-effective.
  • Connectivity – This need is somewhat obvious, but there’s more than meets the eye. Fleet needs cellular connectivity at all times to garner the data necessary to improve efficiency and reduce cost. But this goes beyond initial wireless connection. For fleet, it may be necessary to toggle between local networks that offer the best coverage and require failover solutions that limit network outages to a bare minimum.
  • Security – The data being generated by an IoT application is proprietary. It’s information that you need to optimize operations and stand out in the market. Locking down that information and preventing an intentional or accidental data breach is critical to protecting your business.
  • Scalability – Fleet organizations may grow, downsize or make any number of other adjustments. IoT solutions should be able to change with the company and the expanding possibilities that evolving technology provides. Being able to deftly retrofit applications to meet your needs is necessary to avoid market stagnation.
  • Maintenance – It takes more than just designing and implementing a great IoT application; you have to be able to keep it functional. Many fleet organizations may not have the experience or extra capital to make repairs to their own IoT implementations. More IoT providers are making sure that maintenance is a part of their solutions.

Larger and smaller fleet companies alike can benefit from the power of IoT. Now, through offerings that allow them to jump right in with limited costs and concerns, IoT is a possibility for all.

Learn more about how KORE can help you quickly implement powerful IoT solutions for your organization.

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