We outline the market outlook for IoT-based fleet management in the retail industry — from investment trends and leading companies to recommendations for players in the space.
What are IoT-based fleet management platforms?
Internet of Things (IoT)-based fleet management solutions leverage global positioning systems, cameras, mobile devices, and other connectivity infrastructure to track and monitor vehicles. These solutions help supply chain operators improve operations and reduce costs.
Features & capabilities
IoT-based fleet management platforms provide retail leaders with several capabilities, including the following:
- Fuel management
- Route planning
- Predictive maintenance
- Electric vehicle charging management and emissions tracking
- Vehicle diagnostics
- Real-time incident detection and preventative in-cab coaching