The Internet of Things (IoT) is changing all kinds of trades and businesses. In the past, the development of IoT was mainly focused on rudimentary applications, but with the rise of 4G mobile communications, IoT has now moved into a new era of innovative applications including the Internet of Vehicles or IoV for short.
Among the numerous disparate applications of IoT, the so called Internet of Vehicles can be regarded as a new major focus of attention. Through sensing and detection, data processing, wireless network transmission, and cloud computing, IoV has realized the connection and communication of vehicle to vehicle, vehicle to people, and vehicle to road. It is also the basis for the establishment of smart transportation. Since the applications derived from IoV can be quite varied, many developers are jumping in to gain market share, seeing it as the next major battlefield rich with development opportunities after the smart phone. Aside from the day-to-day management of commercial vehicle fleets in logistics and public transportation, fleet management systems work to create extra added value. So what are the management applications and business opportunities for vehicle fleets in the future?
An editor of Logistics Technology and Strategy magazine, shares his observations about the opportunities for Taiwanese vendor suppliers. The management systems of vehicle fleets are rather mature products as viewed from their current market status.
That only through changes to commercial models can software and hardware, and even business opportunities be integrated. As such, market segregation can be shaped, breaking loose of pricing competition, which he reckons should be the way and means that the management of vehicle fleets must head towards. For instance, Advantech and Hwacom provided the 4G smart in-vehicle terminal equipment and integrated the product and system to the application service.
The new system not only enhanced the dispatch efficiency of taxis, but it also provided greater protection for passengers.
Today we are seeing that “machine intelligence” has influenced all industries worldwide. Through intelligent structures, enterprise owners can not only lower cost and enhance efficiency, but create new modes of operation. With such momentum, manufacturers such as Advantech do not do all their own R&D and manufacturing, for it is crucial that they also encourage cross trade and cross-industry cooperation. As such, it is essential that each manufacturer works with many more vendors from diverse industries and trades, so as to create a fully-fledged ecosystem, and jointly establish strategic partnerships to meet every kind of solution.
Independent system integrators such as Esis play a crucial role in designing systems such as this. We bring expert knowledge of a wide and disparate range of products together to form an optimal solution for each client. Only then can we truly say it’s a win win for all.
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Article courtesy of Advantech.
