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How IoT Technology Reshapes Fleet Management in Logistics Sector

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Revolutionary IoT technology can bring radical changes in various industries and promote automation in various processes. Core industry sectors including manufacturing and logistics are the key beneficiaries of Industrial IoT (IIoT) technology. Let’s understand how advancements in IoT technology facilitate transportation and logistics by reshaping the fleet management system.  Fleet management plays a vital role in streamlining operations of multiple industries. There is no exaggeration in mentioning that fleet management is a backbone of the logistics sector. These days, it faces challenges due to various parameters including safety concerns, timely delivery, productivity, and efficiency. There, IoT smart transportation solution lends a helping hand, It can enable the logistics companies to leverage the data derived from the vehicle and generate higher revenue through improved fleet management.  Importance of IoT in Fleet Management System Fleet or a group of commercial vehic...

How to Ensure Maximum ROI For Your Enterprise from Digital Transformation Solutions

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Change is constant- this sentence holds for market trends and the customer’s priorities. Therefore, businesses have to bring changes in the way of treating their customers and employees along with their workflow. This approach acts as a cradle for digital transformation roi across the corporate world. Though digital transformation is a necessity for modern businesses, it poses many challenges.  In this blog, we will discuss the checklist for implementing digital transformation strategy successfully. Let us start with some shockingly surprising facts that indicate the importance of the successful integration of digital transformation solutions. A recent survey by Everest Group has revealed that 73% of enterprises have failed in generating any value from their digital transformation initiative. 78% of enterprises failed to meet business objectives.  Therefore, it is necessary for entrepreneurs to focus on enterprise digital transformation. Whether it is a startup or a mid-sized ...

Three Ways Augmented Reality Technology Benefits Remote Technical Support

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Even the slightest unresolved problem in the field can cause the loss of millions to the company. Therefore, extensive support of field service technicians is essential for industries, irrespective of their size and scale. Thankfully, AR-based remote assistance can serve this objective effectively on a 24/7 basis. Augmented Reality technology not only enables the service experts to solve any critical issues but also shows necessary instructions in real-time.  In this blog, we will dig deep into the ways AR technology benefits remote technical assistance. But, before moving ahead, let’s understand the form of technical assistance and its importance in modern enterprises.  Importance of Technical Assistance in Modern Enterprises When a company’s remote workers face an unexpected breakdown in the equipment or need guidance to assemble machinery, technical assistance can lend a helping hand. Remote technical assistance plays a vital role in keeping the device or equipment up and r...

How IoT Is Improving Transportation and Logistics

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The Internet of Things is an emerging technology that has taken various industry sectors by storm. Talking about the emergence of IoT in logistics, it can bring digital transformation by streamlining things, enhancing networking, and improving administration. The transportation and logistics sector can leverage the benefits of the Internet of Thing in innovative solutions.  Here are the top use cases of IoT for the transportation and logistics sector.  Six Applications of Internet of Things in Logistics 1. Fleet Management One of the biggest use cases of the IoT in logistics is managing a fleet of vehicles. Because of sensors and gadgets installed in the vehicles, it is easy to fetch real-time information about the condition or position of the vehicle, fuel level, or driver details.  Checking the significant parts of vehicles like tire pressure, coolant level, etc. can limit sudden breakdowns. With on-the-move access to information, it is significantly simpler and powerfu...

Why Digital Transformation is The Key To Success For Any Industry In 2021

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A year and a half in the pandemic have set a timer for companies to go digitally themselves and survive. With digital transformation in industry & New technology was entering the workplace rapidly also 2020 made it imperative for industries to make it happen within months.  Many companies lost to the crisis at hand while some survived and some thrived. The key indicator to this survival was digital transformation. Industries that adapted immediately and implemented digital transformation solutions into their business process were the ones to continue thriving while others ceased to exist.  Let’s understand digital transformation before we get into the details of why industries should kick into high gear for it.  To put it simply, digital transformation is defined as the use of digital technology, data, network and the internet for doing business. This transformation is aimed at creating better and efficient ways of doing business, finding new capabilities, r...

How Augmented Reality (AR) Will Change the Industrial Landscape in 2021

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When it comes down to technical advancements, countless technologies are changing the face of the future. AR, aka Augmented Reality technology, is one of those techs that have huge potential and its surging market clearly proves it. As per stats, the global augmented reality market is growing at a   CAGR of 43.8%   and is expected to do so till 2028. Augmented Reality technology became popular with the launch of Pokemon Go back in 2016. However, it was just a baby version of it. Since then, it has seen consistent improvement and adoption across various business sectors. Today, AR is not just limited to gaming, but it has a plethora of industrial applications. Let’s take a look at some of the adopted, and potential Industrial Augmented Reality applications! 1. MRO (Maintenance, Repair, and Operations) Industries are full of heavy machinery, whether they are pumps, car motors, boilers, MRI machines, or else. As they are extensively used, it is imperative that they will require t...

Role of Preventive Maintenance in Reducing Downtime in Enterprise

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Machine failure or downtime can cause a loss of thousands of millions of dollars across various industry sectors. As per the recent Deloitte study, unplanned downtime   costs approximately $50 billion  every year to manufacturers. Apart from this, companies have to face loss in productivity and failure in meeting deadlines. Here, preventive maintenance lends a helping hand and acts as a preventive measure to reduce the risk of sudden downtime with digital solutions.  Manufacturers who want to give a seamless customer experience while maintaining the quality of products and services need to use preventive maintenance software. It is because even a slight unwanted outage can bring significant damage to processes and even the company’s reputation. Remote monitoring of the equipment at regular intervals can help companies eliminate risks associated with machine dysfunction and outage.  An official survey has revealed that companies that deliver high-quality products and ...