Accelerating the
Industrial Internet of Things

Vehicle Telematics

Vehicle Telematics
Vehicle Telematics
Vehicle Telematics
Vehicle Telematics
Vehicle Telematics
Vehicle Telematics
Vehicle Telematics
Vehicle Telematics
Feature New Record
DESCRIPTION
Telematics systems monitor the location of fleet vehicles, to increase routing efficiency, driver safety, and fleet communications. Telematics involves tagging inventory and vehicles with RFID readers in order to enable mobile resource management, route optimization, and real-time visibility for delivery operations.

CHALLENGES / REQUIREMENTS
- Transportation fleets are not taking the most optimal routes
- Customers demand visibility on the delivery of their goods
- Need to maintain top performance and productivity in competitive market
- Less than truckload for fleet operators - how to ensure full truckload (key KPI)

STAKEHOLDERS
- Logistics providers

KEY OBJECTIVES
- To achieve reduced delivery time and improved delivery quality
- Optimize logistics and delivery systems and save fuel cost

TYPICAL SYSTEM CAPABILITIES
- Track location in Real-time
- Track vehicle parameters like storage compartment temperature, humidity, inventory etc
- Reduce fuel costs
- Improve route planning
- Monitor dispatches
- Monitor drivers' condition

USAGE VIEWPOINT
- Real time location and parameters of the delivery trucks are tracked. This data is fed back to the analytical software tools.
- Real time location, destination and delivery points are analysed on map and shortest path is decided for the vehicles.
- Delivery points are optimized.

FUNCTIONAL VIEWPOINT
- Sensors: GPS tracking system
- Network: Wide Area Network (WAN)
- Standards:
- Augmented Intelligence: Descriptive analytics
- Augmented Behavior: Machine-to-machine (M2M) interfaces
Telematics involves tagging inventory and vehicles with RFID readers in order to enable mobile resource management, route optimization, and real-time visibility for delivery operations. Systems work with available data to establish parameters and shift times for defining deliveries, scheduled stops and routing. The output provides an outline of delivery and pick-up stops or sequences with a geographic representation of the vehicle path.

Dataset management is an important efficiency enabler that involves collecting historical, theoretical and actual data sets on drivers, stops, locations, area metrics, time commitments and volumes to allow users to improve route planning, analysis and reporting. This data feeds the Route Planning function.

Major automakers are equipping new prototype vehicles with wireless-based services controlled by voice commands. This kind of telematics could enable motorists to perform a variety of wireless functions such as accessing the Internet, receiving or sending e-mail, downloading digital audio and video files, or obtaining "smart" transportation information. The telematics industry is not limited to automotive applications. Other applications are being studied or developed for monitoring water and air pollution, for medical informatics and health care, and for distance learning. Many European countries are developing uniform policies to integrate telematics applications into government, business and education.

Vehicle Tracking:
Vehicle tracking is monitoring the location, movements, status and behaviour of a vehicle or fleet of vehicles. This is achieved through a combination of a GPS(GNSS) receiver and an electronic device (usually comprising a GSM GPRS modem or SMS sender) installed in each vehicle, communicating with the user (dispatching, emergency or coordinating unit) and PC-based or web-based software. The data is turned into information by management reporting tools in conjunction with a visual display on computerised mapping software. Vehicle tracking systems may also use odometry or dead reckoning as an alternative or complementary means of navigation. GPS tracking is usually accurate to around 10–20 metres, but the European Space Agency has developed the EGNOS technology to provide accuracy to 1.5 metres.

Key vendors: Geotab, Hino, Telogis, Zonar Systems
MARKET SIZE

The global market for telematics is predicted to grow from USD 20.0 billion in 2015 to USD 49.12 billion in 2020. IoT technologies enable more robust telematics systems than were previously possible.

Source: Allied Market Research

 

The global market for telematics is predicted to grow from USD 20.0 billion in 2015 to USD 47.6 billion in 2020.

Source:  Markets and Markets

The global market for telematics is predicted to grow from EUR 2 billion in 2016 to EUR 10 billion in 2026.2026.

Source: Deloitte_Global Truck Study

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