Fleet management : IoT at the service of vehicle fleet management
Fleet management refers to the strategic management of an organisation’s vehicle fleet. This is essentially what determines the success or failure of a company as a whole in terms of transportation. Managing a large network of vehicles and trucks can be tricky, especially if the number of vehicles is high. Fleet management, as opposed to simple asset control, is a very complicated process that involves many different aspects of fleet operations. These factors include vehicle maintenance and management on the one hand and driver management on the other.
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Your questions about Fleet Management
What is the fleet management market?
The fleet management market size is expected to reach over USD 34,629 million by 2022, growing at a CAGR of nearly 24. %.. In Europe, a recent study promises an average annual growth of 14% by 2023. Intelligent fleet management allows companies to control and track their vehicles more efficiently, quickly and affordably, with the goal of increasing profitability. It allows a company to better meet the needs of consumers or employees, while increasing profits and reducing expenses.
Why do companies need a fleet management system?
Fleet management and the need for an ever wider range of technological solutions are becoming increasingly important as our society develops. Fleet management is also becoming a more flexible field due to the availability of SaaS software that can be used in the cloud and accessed from any computer. Fleet management allows companies to focus on what they do best: managing their core business. It also allows their team members to focus on improving the customer experience.
Fleet management has taken a new turn in recent years with the arrival of third-party solutions and intelligent software (Fleet Management Softwares). Fleet managers can use them to leverage their existing IT expertise, while offering a complete solution to their customers.
With a comprehensive fleet management solution, managers can determine how vehicles can be optimized to meet internal needs, as well as how the fleet can be monitored to ensure it runs smoothly.
How do fleet management platforms work?
Fleet management is a business that has been around for decades. The advent of computers and the Internet has radically changed the way fleets are managed. Traditional fleet management systems required large databases containing information and history of each vehicle, maintenance and repairs of all vehicles in the fleet as well as accidents or paid tickets.
Today, most fleet managers have access to data obtained through fleet management software (FMS) and from a digital source. They can consult the data online from any computer.
These systems allow you to manage a fleet by creating driver management profiles that are generally designed to match the skills of individual drivers. A profile is then created for each vehicle, which guarantees the right match between the drivers and the vehicles made available as well as the assurance of having the necessary fuel. This process not only reduces the costs associated with operating the fleet, but also maximizes the productivity of the people driving the vehicles.
Vehicle telematics applications are used to monitor all the data that passes through the system and can be used for everything from improving fleet maintenance to maximizing fuel savings and reducing the risk of accidents or breakdowns. All data collected by the sensors is stored in a database which is used by the operator for planning and administration of operations.
What is the role of IoT in fleet management?
The Internet of Things is a collective network, which allows all devices in such a network to interact with each other. In most cases, this network consists of smart devices, ranging from computers, laptops, cell phones, tablets, etc., that can communicate with each other to allow fleet managers to monitor the health of vehicles as well as make critical decisions about the evolution of manufacturing processes.
In the case of vehicle fleets, these objects take the form of connected boxes, also called trackers, which are generally connected via an ODB (On-Board Diagnostics) port and allow the analysis of multiple parameters such as geolocation, speed, trajectory, consumption, brake wear and tear, battery level for electric vehicles, etc.
What is the role of connected objects in fleet management? Typically, a vehicle tracking system helps managers closely monitor the efficiency of their fleet, both financially and operationally. By implementing the system, they can monitor each vehicle in the fleet and make adjustments as needed. The same applies to the maintenance and repair department, which allows them to efficiently deal with any problems that may arise and to streamline their maintenance actions.
The potential for expansion of this system is very high, not least because it does not require additional investment for each individual vehicle to function properly.
As far as the automotive industry is concerned, many vehicle manufacturers are already implementing systems using the Internet of Things, or IoT, to remotely monitor vehicle transmissions and diagnostics, save fuel, track maintenance, manage employee work schedules, and more.
Fleet maintenance has also become much easier with the use of real-time diagnostic tools and real-time data transmission from the system itself, rather than the previous process of manual maintenance or checking of records by traditional mechanics.
What are the IoT solutions for fleet management?
IoT fleet management solutions are designed for companies that need to manage a number of vehicles in a fleet. These solutions use the internet and provide real-time reporting and analysis, making them ideal for the fleet manager. Today’s fleet management is very different from the days when it was just about monitoring fuel consumption and keeping track of your drivers’ driving records. With the introduction of GPS and other wireless technologies, fleet managers can now view their data online, enabling them to make fuel purchasing decisions and reduce costs while maintaining high productivity.
IoT solutions for vehicle fleet management enable, among other things:
- Instant improvements and quick decisions regarding user behaviour: speeding, unnecessary tyre wear, etc.
- Intelligent monitoring for preventive maintenance and reduced maintenance costs
- Optimization of delivery routes and rounds
- Greater speed in field interventions with real-time knowledge of failures
- Optimization of fuel consumption
- Maintaining engine performance
What IoT technologies are used for fleet management?
The objects used to improve fleet management use 3 main technologies: RFID, GPS and OBD II.
GPS and OBD II help provide real-time information on vehicle maintenance, routes and driving conditions, while RFID helps control and track vehicles.
How to implement a Smart Transport IoT solution?
Launching a large-scale IoT project is never easy, you need to be accompanied by experts with proven know-how in the deployment of an end-to-end IoT project.
You are not alone. Indeed, Synox is recognized for its expertise on the entire IoT value chain: from data capture to its restitution on web and mobile interfaces, including storage.
Synox supports you every step of the way to ensure the success of your IoT project.
Is Synox the right choice for you?
Through our positioning in the IoT value chain and our expertise in Smart Transport use cases, we are convinced that the technological answer is not the only element to bring to meet the challenges of tomorrow’s IoT projects. The success of a Smart Transport project also lies in the fact that the proposed solutions must be equal to the business, ethical and environmental challenges they address.
From POC to large-scale deployment, Synox supports you throughout your Smart Transport project in accordance with our values: fun, agility and humanism.
Choose your objects
Speed, temperature, force, location, power, volume… According to your needs, Synox advises you in the choice of the sensor and facilitates its installation on site.
Connect your objects
In order to transport and secure the data, Synox recommends the networks and transmitters most suited to your project.
Securing your data
We provide you with an open and interoperable data collection and analysis platform that securely aggregates all your data with third-party data.
Host your data
A TIER IV type hosting and storage solution, based in France, which combines density, respect for the planet, availability and security.
Leverage your data
We offer an open data visualization platform that aggregates all of your third-party flows and allows you to manage them in a simplified, secure and customizable turnkey interface.
They trust us
"In our industry, smooth communication is a critical point since our service is tied to people. So we chose Synox because when we need technical support, we get a diagnosis and a solution very quickly."
Computer & telecom engineer
"We were looking for a mature solution for rapid deployment, which is what Synox offered us. From decision making, to hardware purchase and deployment (connectivity, dashboards...) thanks to Synox's end-to-end support, the 1st Proof of Concept was completed in less than a month!"
"We wanted to give ourselves the means to avoid breakdowns and reduce our customers' stress regarding production downtime. After some research, IoT quickly appeared to be the answer to this need. Synox's collaborative approach seemed to me to be the right one and convinced me. The ability to listen to the teams and the hyper responsiveness of the support department allowed us to successfully move this project forward."
"What is interesting about the Synox solution is that it can be adapted independently to the needs of our customers, and perhaps even later to other sectors of activity. With a very simple implementation and a modest cost, we were able to deploy the solution to about 20 customers within 6 months."
Technical Project Manager
"Before the installation of connected objects, sometimes it was our customers who informed us of a malfunction in the heating system... Now we can be proactive about this type of incident. We had already carried out several unsuccessful - and expensive - POCs before testing SoDATA#Viz but when we saw the real-time curves of our 50 objects, only a week after signing the POC, it quickly convinced us!"