Automotive fleet management solutions use IoT-enabled sensors to monitor the performance of individual vehicles in a fleet in order to improve operational efficiency, lower costs and reduce risk to drivers.
Lost efficiency due to idle time, unscheduled maintenance or vehicle loss can be extremely costly. Industry estimates put the average cost of downtime at $448 to $760 per day per vehicle.
Fleet management solutions can provide insights on vehicle performance and driver safety to identify potential issues before they become costly breakdowns or accidents, preventing unanticipated downtime and minimizing the time vehicles are removed from the fleet for scheduled maintenance.
Through the use of IoT-enabled sensors measuring fuel level, tire pressure, location, and driver behavior, fleet managers can check in on vehicles at any time to ensure that they’re on-time and operating at their best.
These sensors track fuel usage to identify any sources of inefficiency, like excessive idling or mechanical issues and can send alerts to both drivers and fleet managers if a problem emerges.
Besides these mechanical diagnostics, some management solutions can identify reckless driver behavior like sudden jerks, harsh turns or dangerous changes in speed. These systems can alert managers if a driver is behaving recklessly or is suffering exhaustion while on the road.
Key Benefits of IoT-Enabled Automotive Fleet Management
- Gain a high-level view of the operation of all vehicles in a fleet at a glance, from driver behavior to vehicle performance and efficiency.
- Track vehicles in real-time to speed emergency response and to improve communications between managers, drivers, and clients.
- Monitor driver behavior to improve adherence to safety regulations and to identify overworked or exhausted drivers before an accident occurs.
- Remotely diagnose maintenance requirements and receive predictive maintenance alerts to reduce breakdowns and unscheduled downtime.
- Improve fuel efficiency with greater transparency into idle times, routes and driving behaviors.