Utilising IoT for fleet management is quickly becoming one of the most popular trends in the industry. Six years ago this market yielded around £3 million of yearly revenue, and this number is likely to grow five times as much within the next two years.


Fleet management is the process of controlling all operations related to the functioning of transport facilities. It covers the entire lifecycle of a transport and logistic enterprise including vehicle acquisition, monitoring, maintenance, and disposal.


IoT brings a multitude of benefits for Fleet Management, listed below:

  • Remote Vehicle Tracking and Asset Monitoring

  • Fleet Operations Control

  • Improved Decision Making

  • Task Automation

  • Driver Behavior Visibility

  • Fuel Efficiency and Engine Performance Supervision

  • Cost Optimization

IoT systems have helped build a world where users and businesses can know the exact location of their fleet in seconds, and track it in real-time. With IoT, companies save time and costs by decreasing wait times for inspections and can conduct proactive maintenance of their vehicles.


This allows for better customer service by ensuring each customer can track their order and minimise delayed delivery instances.


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Smart, remote monitoring devices are making workplaces more productive in a number of ways. By implementing them into everyday processes, businesses can streamline routine tasks as well as overall operations, and reduce costs significantly. Here are just some of the ways that businesses across the world are benefitting from IoT:


Improving collaboration

Harnessing connected devices means that employees are no longer required to be in the same physical space as one another to work together effectively. Cloud-based software and portable devices allow your employees to manage their work from anywhere over shared networks.


Increasing office efficiency

The rise of 'smart offices' has seen a number of connected devices that monitor and control various operations across a business. This automates repetitive tasks normally held by employees, increasing efficiency and freeing time to focus on more complex work. IoT systems also allow employees to manage their schedules to use their time more effectively – and in turn, be more productive.


Coordinate operations

IoT devices collect a huge amount of data. This data is being harnessed to help fine-tune daily operations. For example, companies are using smart sensors to see when certain rooms are most occupied and where employees spend the majority of their time. This can minimise the disruptive effect meetings can have on productivity.


Lowering energy costs

The IoT can help businesses make more efficient use of resources and minimise unnecessary expenses. One example of this is the use of smart heating and lighting systems, to help lower energy expenditure from overuse of AC and heating.


Improving the supply chain

IoT systems allow you to track the movement of products, helping you monitor logistics accurately. Smart tags and sensors help keep track of inventory levels in real time and can show where an item is in a warehouse. More precise inventory tracking means less over-ordering, and ensures the most popular products are in stock to maximise profits.


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Manufacturers lose a lot of money due to unplanned downtime. Through Industrial IoT predictive maintenance, facility and production managers can gain insight into unplanned downtime and warning signs, saving their companies money and headaches.


Unplanned downtime is a source of headaches for facilities managers around the world. it’s never a good thing when production unexpectedly halts. On top of the cost of repairs is the loss of man-hours, raw materials and product, and it’s estimated that unplanned downtime costs industrial manufacturers $50 billion each year. What’s the best way to avoid unplanned downtime?


Industrial IoT (IIoT), a wireless network of smart sensors and connected devices which captures data insights near the production line and throughout the facility, can help identify when and where there are risks for unplanned downtime.


The best way to use IoT is through predictive maintenance. Many manufacturers determine when to do maintenance on production line equipment based on a machine’s specification guidelines. However, machines can run at different speeds and durations which the guidelines may not take into consideration. The maintenance schedule ends up being a loose estimate for when to perform service and puts you at risk for unplanned downtime.


Through a facility-wide IIoT solution, facility and production managers can schedule and perform preventative maintenance on key machinery. One of the ways this can be done is through vibration sensors which measure motor vibration frequency and temperature.


Once a potential problem is identified, maintenance can be scheduled during off-peak or non-active production times. The threat of unplanned downtime is prevented and production can carry on like normal.


If you are interested in starting your smart journey, get your FREE consultation now with Promptus Ltd, by visiting our homepage or contacting us via email at: info@promptusltd.com.