CIOInsider India Magazine
Vehicle Tracking In Logistics
SPOTON is one of the leading Road Express Companies in India that seeks to consistently deliver service excellence through best-in-class reliability across all parameters of customer service.
The Telematics market in India is valued currently at USD 300 million dollars and is expected to grow 20 percent by 2021. The logistics industry is one of the largest consumers of telematics and also the leading driver for innovations in the field.
Increase in Telematics - Factors causing it Some of the factors contributing to the increase in usage of Telematics in Logistics:
•The Rise of Organized Logistics in India- In the last two years the logistics industry has become increasingly organized with established players and new comers expanding their mandates and market shares. Both old and new players have leveraged fleet telematics to gain footholds and differentiate themselves. The increasing demand for faster, cheaper and efficient logistics has led to logistic companies adopting telematics into their basic tech stack.
• Growing Demand for Better Insights - Telematics allow users to gain deeper insight and visibility into fleet operations, and can assist companies, regardless of industry or type of fleet, and can help in execution of scalable improvement plans like changing driver behavior, measuring performance and increasing route efficiency – which is key for providing good service and increasing ROI’s. Logistics players are keen to use Telematics as a tool to gain better insights in solving large complex transportation problems.
• Rapid Growth in Vertical Cargo Volumes- The retail sector boom has drastically increased cargo volume across verticals like Lifestyle, Pharma, Automotive and FMCG, but turnaround times have become leaner. To cater to the high demand efficiently, companies need 24X 7 fleet connectivity, superior driving experience, alert systems and vehicle diagnostics and maintenance; all provided
by having a good telematics infrastructure in place.
Pressure from the government to increase fleet visibility and passenger safety and successful implementation of telematics in commercial taxi services has also helped to drive telematics adoption in the country.
When will Driver Behavior Monitoring be commercialized and how will the Market receive it?
The Telematics industry in India is very nascent and monitoring driver behavior is not yet in the scope of telematics adoption. Private entities like Taxi services and Premium Automotive OEM’s have only recently started leveraging Driver behavior data to increase operational efficiencies. To create a profitable commercial infrastructure, companies need to derive value and intelligence from the collected data. Another challenge is the lack of institutional policies and regulation on the data collection leading to data integrity, security and privacy concerns.
Logistics players are keen to use telematics as a tool to gain better insights in solving large complex transportation problems
Integration is the Key
Integration across multiple platforms is critical to any telematics infrastructure. True telematics integration involves linking all mission-critical systems so that vital information is shared in the best way. The process of data collection and analysis from integrated set-ups are highly efficient, accurate, and flexible and offer better UI. Integrated telematics leads to significant productivity gains while opening the door to an endless number of data sharing possibilities.
GPS Tracking in Vehicle Maintenance
Whether the fleet is large or small, fleetmaintenance management is a tough job, but a GPS fleet tracking system can provide data on each and every vehicle’s last oil change, tire rotation, smog check, brake inspection, transmission flush, etc. Maintenance modules can allow fleet/maintenance managers to easily keep track of multiple services, vehicular performance and fleet safety; moreover Maintenance software’s also provide shareable reports, offsite tracking and reminders on upcoming service checks.
Future of Vehicle Tracking Technology
Vehicle tracking technology is evolving year on year. In the next few years the technology is expected to grow leaps and bounds in terms of fleet visibility and live data collection. In the future:
•Standalone Tracking Devices will go obsolete as newer model fleet vehicles will have built in GPS capabilities.
•Tracking programs now display a vehicle’s progress breadcrumbs-style. In a few years, GPS tracking will be a continuous stream of live data collected and transferred to multiple devices seamlessly.
•Future governments will introduce mandates of compulsory location tracking for all commercial vehicles.
•With automated vehicles being increasingly used in cargo transportation, telematics including Vehicle Tracking Software will be based entirely on AI and ML engines and applied through IoT.
