Industries nowadays are pacing at a par speed where everything should be well managed with no scope of mistakes, as even a small mistake can lead to lose their place in the market. Industrialists are now adopting new solutions, thanks to technology which helps them to stay up-to-date in a constantly shifting and evolving industry competing to grow larger than themselves and others.
India’s logistics sector contributes 13% to the country’s GDP, but this sector is still underdeveloped, segmented, and is highly inefficient.
Logistics is a complex activity involving planning, execution, and control of the movement/ placement of goods and/ or people, and the related supporting activities, all within a system designed to achieve specific objectives.
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.
Vehicle Telematics is the combination of several technologies that converge together to create system which can be used to track vehicle. Generally, an on board system is fitted into the vehicle (often named as GPS Vehicle Tracker) which collects and transmit latitude and longitude of location in real time using Satellite Global Positioning System (GPS) or GLONASS to identify the location information of any vehicle on road and Telecom Infrastructure (Cellular Network) to transmit the information. Central Application Server is receives data from on board GPS Tracking device, store the data securely and exhibit the required information through Intuitive software or web application accessible on Desktop, Smartphone etc. User can view vehicle data like real time location, speed, time etc. through maps and charts.