â€śFaster is fatal, slower is safeâ€ť
You also think the same, Right? But at the same time, we also know that it is impossible to be slower and still cover the same distance in less time.
Well, we have a solution to make your transportation faster as well as safer.
There was an era when the bicycle was considered the smartest mode of transportation. As the time went by, the transportation industry adopted motor powered vehicles which reduced the commuting time but also increased the cost of transportation and accidental risk. The safety is not the only problem, our natural resources of fuel are also getting scarce. In order to maintain the sustainability, the future of transportation has to be built upon more efficient vehicles that consume less energy.
The Internet of Things (IoT) is the sustainable model of the future transportation and has addressed the problems that range from infrastructure challenges to governance inefficiencies. Recent studies have shown that the transportation sector is expected to grow at a compounded annual growth rate of 5.9 percent worldwide and IoT can resolve the gradually growing issues like poor road conditions, vehicle parking, unsafe roads.
We often wish our loved ones â€śHappy Journeyâ€ť but did you ever know the true facet of Smart Transportation in this hyper-connected world?
You will be pleased to know that the smart transportation is revolutionizing the way goods and people are moving through traffic and busy cities. Hovering with so many benefits of IoT around the Smart transportation systems, letâ€™s have an insight into them â€“
1. Optimal route management
Smart transportation helps in selecting the optimal route based on real-time conditions. The GPS enabled system increases the reliability of the public transportation for the public. Understanding the requirements, IoT in Transportation offers a feasible transport management system that has multiple benefits such as analyzing the optimal route, where the traffic is jammed up and hence finding an alternate route.
2. Real-time tracking and advance alerts:
An integrated Smart transportation system tells the real-time information about the driver behavior and warns them about the potential dangers on the road. Smart transportation helps in the real-time parking management system which tells about the available parking lots. Also, an option of multi-level parking system enables in reducing the operating and maintenance expenses. The latest technology in the smart transportation is the use of IoT sensors which henceforth increases safety, efficiency, and comfort in driving and parking.
3. Sustainable Business Model:
The main aim to bring IoT in Smart transportation is to create a sustainable environment and to keep the momentum going, an end-to-end IoT solution can help in reducing the greenhouse emissions and thus maintaining the sustainability of the ecosystem. With the Smart transportation, an increasing amount of carbon emissions in different industries can be controlled to form an eco-friendly environment.
4. Get an edge over the competition:
IoT has revolutionized the modern world by using sensors and other technological advancements. You can even surpass your competitors by reducing the cost of transportation operations with IoT enabled smart transportation business model. The improved visibility of business operations ensures excellent delivery of transport services, resulting in better customer satisfaction.
Not only smart parking and traffic management has been leveraged by IoT but also the solutions like fleet monitoring powered by IoT has taken place in the transportation industry. More than this we are given the ability to make the best use of technology and change the world. The key to harnessing the full potential of smart technology in any industry is to, first, ensure that the industry is well prepared and ready for it.