Press release
IoT in Transportation Market Growth Growth to Continue in 2019: Alcatel-Lucent, AT&T Inc., Garmin International Inc., IBM Corp., Denso Corp., Thales Group, General Electric, Verizon Communications Inc.
A leading technology provider in Internet of Things (IoT) Aeris announced the collaboration with TrackEnsure in Canada. This collaboration is aimed for helping trucking companies in the North American region improve its operational efficiency through implementation of IoT technologies. The IoT provider has been offering the global IoT connectivity solution to TrackEnsure for offering services including transportation, logistics, fleet, and warehouse management systems.Yearning for more IOT in Transportation Market illumination? Request a Sample of the Report@ https://www.alliedmarketresearch.com/request-sample/2484
The Aeris Connectivity Platform (ACP) is used by TrackEnsure for dispatching and eLog services and assists the company to enhance the service delivery along with its service radius. The clientele of TrackEnsure include GIGG Express, Loadex, and Highlight Motor Group. TrackEnsure offers logistics services and utilizes IoT for offering optimum data integration, reporting, performance, and analytics capabilities to its client base. Moreover, the company offers capabilities regarding order management, hours of service (HOS) management, trip management, fraud prevention, fuel management, signal processing & notifications, pricing calculators, analysis, and reports.
Roman Mironenko, CEO and Chief Architect, TrackEnsure, outlined that they define IoT as the Internet of Trucks, Drivers, Dispatchers, Brokers, Warehouses, Orders, and Shipments in trucking and logistics. The data from all the IoT and other sources is collected and offered to trucking and logistics companies for providing situational and operational awareness.
He added that the companies possessing the best information and the best situational & operational understanding grows the most. Without possession of a good timely data and modern tools that show real time analysis, attaining a good understanding for any businesses will not be possible, specifically in the business as fast as trucking and logistics.
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Kirk Kalinitchenko, Founder, President & CEO, Highlight Motor Group, stated that their approach is to utilize technological developments in the best and efficient manner to grow the business and achieve profitability. He added that IoT would turn into Internet of Trucks, Internet of Shipments, Internet of Trailers, Internet of Orders, and Internet of Drivers with the help of TrackEnsure. The company tracks trailers, trucks, shipments, dispatchers, and drivers with the help of technology and plans the shipments as per the information received through various devices.
Collaboration strategy to determine the impact of IoT in transportation is one of the effective strategies adopted by industry players to gain a strong position in the market. According to the report by Allied Market Research, the global IoT in transportation market is expected to reach $328.76 billion by 2023, registering a CAGR of 13.7% from 2017 to 2023. The collaboration strategy along with improved internet connectivity, reduced cost of powerful sensors, and favorable government initiatives would supplement the growth in the industry.
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