The need of the hour is to have an intelligent taxi management solution in place that is equipped to help manage fleet in the best possible way. Fleet Management is one of the pain areas of businesses, which are associated in transportation and logistics industry. After all, isn’t keeping a manual count and track of all the vehicles dispersed across different geographic locations highly challenging? Keeping this fact on mind various software development companies have developed innovative and highly effective solutions that not only help in the management of fleet but also track vehicles in real time.
Car Insurance is a must for all who drive a car. It is an assurance for all the drivers against unforeseen accidents that have the potential to cause damages to their vehicles and physical selves. For instance you are driving within the allotted speed limit but a vehicle on the other side jumps the signal and crashes into your car. Your car suffers damages and you may have to shell out thousands to fix them. What next? Should you blame yourself for the accident? If you don’t have a car insurance, who will cough up the compensation money? These are the basic questions that should bother a car owner or a driver before taking the vehicle out for a drive.
Vehicle Tracking System, as we all know is fast becoming and integral part of the transportation & logistics industry. However, its usability and benefits are not restricted to just this industry and thus extend to various industries across domains and industry lines. Online marketers for example, can use these devices to prepare delivery route plans and thus benefit largely by making use of the best information to their advantage. GPS tracking systems come packed with various features that have immense contributions to offer to businesses across the world. These features thus have an active role to play in bringing about various significant monetary and non-monetary benefits along.
M2M Vehicle Communication is the future of automobile sector that holds many surprises for the consumers as well as the car manufacturers. Most of these surprises are pleasant ones but few of them may turn out to be quite different from what we have planned. M2M technology enables machine-to-machine communication of both wireless as well as wired systems of compatible formats. When we add the M2M technology with the Internet of Vehicles then things might get a bit complicated at first as it happens with every other innovation but if we act prudently then it might turn out to be next big leap for the automotive technology.
The Number of registered vehicle in india in 2012 was over 160 million. The current number is close to 200 million and includes more then 10 million commercial vehicles. Of the 10 millions Cvs, less then 10 per cent are equipped with telematics solutions. The demand for 400,000 new buses by 2017 is expected to increase the size of telematics market in india. This, according to 6Wresearch, is expected to each US $113.7 million by 2018 , growing at a CAGR of 22.8 per cent from 2013 to 2018. Poised to play a key role – to build intelligent transport systems by integrating electronics and IT – The market is likely to grow five fold in a decade.
The world saw the advent Smart Phones, Smart Devices & Smart Electronics, and now we are entering in an epoch of Smart Automotive. Vehicle Telematics (the usage of ICT and telecommunication) has proliferated opportunities for automation in Transportation and Logistics Industry. The burgeoning advancement in telematics is soon expected to create an ecosystem of Smart Automobiles.