According to Moore’s Law, the number of transistors in an electrical integrated circuit (IC) doubles about every two years. We have been witnessing technology make rapid progress over the past few decades. To think of how far we’ve come, from the evolution of mobile phones and social media to algorithms that can accurately predict behaviour and mimic human interaction, it’s lightning fast.
The web3 is already here and we’re seeing massive integrations of server-based data management in almost all aspects of life. Our financial sector, public services, governments, construction, all relies on the internet and the accessibility it brings with it.
What is IoT?
The Internet of Things is a technology that collectively uses multiple small devices such as sensors, gateways, actuators, and others to create a unified and coherent ecosystem using wireless connection. They connect with each other to provide seamless integration and emergent utilities including data collection, management, processing, and enhance user experience.
In the automotive sector, we are already seeing several instances of IoT already on the streets. For example, the driver-assistance system integrated into the vehicle provides sensitive data, monitor the health and sturdiness, infotainment systems, predictive maintenance, enhanced connectivity, and feature set etc.
IoT in cars.
When it comes to application-level, IoT is highly efficient and cost-effective as compared to earlier manual models. It connects the car with other devices, the internet, and other vehicles to provide an even richer experience to the driver regarding the traffic, fuel usage, vehicle diagnostics, driving behaviour, etc.
The real value of IoT is that it provides a data-driven connective experience that enables us to make measured management decisions.
IoT in fleet management
IoT is highly efficient in tracking and managing fleets of vehicles and organising delivery and transportation services. If you own a taxi fleet or a delivery service, IoT can help you determine:
- Where each of your vehicles are at any given point of time
- How far each vehicle has travelled
- How much time each vehicle took to travel
- How much time each vehicle spends on idle
- How fast each vehicle is travelling
- And more.
It helps you in decision making and running the operations more efficiently.
IoT in commuter cars.
IoT also helps you to connect to your smartphones and other devices including traffic infrastructure such as traffic lights, toll booths, lane markings etc. to ensure smoother traffic and quicker route options. It also helps in surveillance and protection of your car not just when it’s parked but even if someone else has taken it for a ride.
If you are hesitant about data privacy and do not want to connect to an external server, there are other options too where you can get similar results. For instance, a GPS tracker also gives you such insightful information. It allows you to view real-time location and get instant alerts when the vehicle starts moving. Installing a car tracker in your vehicle is easy and you can do it without expert help.