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AI: Driving Sustainability in IoT-Connected Fleets

Publisher IDC
Published Aug 18, 2023
Length 8 Pages
SKU # IDC18120366

Description

AI: Driving Sustainability in IoT-Connected Fleets


This IDC Market Perspective addresses the key drivers for this opportunity and the role technology players such as Geotab and SwitchFleet can play as part of solutions deployed by CSPs. The advent of Internet-of-Things (IoT) technology has revolutionized the way businesses operate, offering unprecedented opportunities for data collection and analysis. IoT telemetry data encompasses a wide range of information, including vehicle location, driving patterns, fuel consumption, and engine diagnostics. Telemetry data — together with AI — can play a key role in optimizing fleet energy consumption, transition to electric vehicles, and decrease environmental impact. "Fleet management and the transition to electric vehicles is a mature market that has the potential to add additional value through AI. But for that to happen, solution providers should use datasets to train the predictive models," said Alejandro Cadenas, Associate VP of Telco Mobility Research, IDC EMEA. "Such large datasets are difficult and time-consuming to produce, so CSPs should partner with key companies that have been capturing such information for some time and develop solutions based on that data."

Please Note: Extended description available upon request.

Table of Contents

8 Pages
Executive Snapshot
New Market Developments and Dynamics
Understanding the Potential of IoT Telemetry Data
Predictive Analytics for Proactive Decision Making Enabled by IoT data
The Environmental Impact of Fleets
Best Practice #1: Geotab
Best Practice #2: SwitchFleet
Advice for the Services Provider
Learn More
Related Research
Synopsis

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