DUBLIN--(BUSINESS WIRE)--Sep 4, 2018--The "Innovative Use Cases of IoT in the Transport and Logistics Sector" report has been added to ResearchAndMarkets.com's offering.

While the level of interest in the Internet of Things (IoT) has been on the rise among enterprises on a global scale in the transport and logistics sector, many of them face challenges in defining use cases that enable them to generate new sources of revenue. There is a need to gain new capabilities in terms of domain expertise and technical know-how. Some enterprises have invested substantially in analytics platform and vertical expertise, others have entered into cross industry collaboration with enterprises outside their industry.

At the same time, if enterprises decide to rapidly implement IoT without changing their operating model, they face challenges in delivering the new solution. Regardless of how they go about doing it, IoT has enabled them to gain new insights that they did not have in the past to bring about new service offering that differentiate them from their competitors.

This report looks at how enterprises in the Transport and Logistics sector have found 10 use cases and have gained from IoT in the following ways:

Enhancing customers' experience while using sensors installed in cars to collecting real time information on traffic flow and drivers' behaviour Diversifies between selling cars and renting cars on members' usage Aiding the tourism sector and generating revenue by providing tourists with hotspot heat maps with a smartphone app. Using small data to make incremental changes in their operational processes. Gives authorized mechanics access to vehicle data to support servicing and components requirements. The E-bike Management system was developed in an effort to reduce the number of cars on the road. Using big data analytics to understand consumers' purchasing behaviour as they no longer go for the cheapest tickets. Adapting ways to alleviate traffic condition by resolving congestion together with the private sector companies. Adopting a variety of ways to collect data on real time traffic patterns, developing capabilities rapidly through acquisitions to deliver more data. The use of big data analytics to determine the lowest costs of truck configuration for fleet operators.

Key Topics Covered:

Executive Summary Scope Of The Study And Key Questions Ryanair Uses Big Data To Drive Grow Inrix Selling Big Data To Fleet Operators And Transport Agencies Taxi Stockholm Creates New Service Application For Tourists BMW's Drivenow Car Sharing Business Model Land Transport Authority Of Singapore Audi Collects Data From Its Customers The E-Bike Management System In Italy UPS Collects Data To Monitor Everything Volvo Prognostic Solution For Fleet Managers Navistar On-Command Component Retailing Growth Opportunities And Companies To Action Conclusion

For more information about this report visit https://www.researchandmarkets.com/research/v8hlj2/10_innovative_use?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180904005625/en/

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Related Topics:Logistics,Internet of Things and M2M



SOURCE: Research and Markets

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PUB: 09/04/2018 11:23 AM/DISC: 09/04/2018 11:23 AM