Smart cities are set to impact many in the transport and the freight world as the nature of driving changes. Many within the industry have been quick to embrace the connectivity available through the Internet of Things (IoT) and telematics as soon as they understood its potential.
IoT is a term often understood to mean a connected network of so-called smart devices that record and share data. But this environment also includes the individuals and groups that make use of this information -- and the organisations that rely on IoT data to operate with greater efficiency.
As cities bring more of this technology into public areas and organisations, it makes it easier for fleet managers and drivers to perform their day-to-day duties. Here are just some benefits that smart cities offer fleet managers and drivers.
Better Roads And Routing
In a smart city, IoT allows public agencies to maximise energy use and cut down on waste, for a smaller carbon footprint. It can control the power grid in real time to prevent outages and use electricity during off-peak hours, organise waste and recycling, and monitor streets to detect and avoid potential problems.
One of these problems is traffic congestion. Governments are preparing for a future in which businesses can monitor traffic that will shorten drive time, save fuel and decrease accident rates. Smart vehicles are an important piece of the puzzle with helping to improve road efficiency, and their numbers are rapidly growing. An Accenture survey estimates that the autonomous vehicle market will be worth $114 billion by 2020, and four out of every 10 vehicles will be self-driving by 2040.
Easier To Adopt Technologies
Many businesses, from transport to construction, are seeing the value of telematics. But many are still hesitant to pick up the technology and rely instead, on manual processes. Seeing the benefits of IoT at the local city level means managers who have yet to adopt telematics are more likely to get started. You get a better understanding of how the technology is used to simplify every problem. Real-time public transportation data shows the benefits of vehicle tracking, sensors installed on public bins that monitor trash intake shows the benefits of tracking fuel usage.
Smart Technology Becoming More Widely Adopted
Smart technology and autonomous vehicles are expected to advance in the business world and government spaces before trickling down to the general public. Governments and enterprises have the most to gain from the technology as developing it is a sure-fire way to increase capital and help with expansion plans. Advances in the hardware and software will cause the entry costs to go down, making it easier for consumers and passenger cars to join the ranks. With cities, businesses and the public all connected, it means it’s easy to access data and communicate.
As smart cities become more common place, vehicles will navigate more smoothly and get their business done on schedule — resulting in real dividends for fleet productivity: faster trips, shorter driving hours, decreased fuel consumption, an enhanced bottom line. In return, the city and those on its streets enjoy reduced traffic congestion and with less engine idling, cleaner air.
Your Connected World
The Internet of Things: technology, business & your opportunity
The Internet of Things (IoT) is shaping the future. And, in a real sense, the future is already happening, as IoT is already rapidly changing and evolving the way the world works, Putting this phenomenon to use - and finding the right way to do so - can give your organisation a powerful competitive advantage.