Off-highway OEMs must exploit modern telematics solutions to remain competitive
Welcome to the fourth industrial revolution — are you keeping pace?
The pressure on modern businesses to increase revenues and profitability while reducing costs is unrelenting, and smart players are leveraging every asset at their disposal.
Savvy OEMs in the off-highway space are exploiting the valuable insights modern telematics delivers to drive financial performance, increase efficiency, and deliver real benefits to their end-users.
Similarly, organizations that fail to keep pace with technologies such as telematics are likely to get left behind in today’s intensely competitive, globalized marketplaces.
Exploiting modern telematics is becoming less a matter of choice and more a necessity for OEMs who want to remain competitive in an environment where even a small edge can make the difference between success and failure.
The fourth industrial revolution
We’re accelerating towards an era unparalleled in our human history where everyone and everything is connected. This “connectivity” fueled by artificial intelligence, machine learning, the Internet of Things, robotics, and telematics solutions holds the key to securing a competitive advantage across multiple industries and vertical markets.
In our rapidly changing world, the advances that open the floodgates to exploitable intelligence (big data) are happening right now and are widely referred to as the fourth industrial revolution.
Rapid advances in computing during the 1980s led to the previous (3rd) industrial revolution preceded by electricity and steam.
In the fourth industrial revolution, the right telematics solution, developed with an experienced partner, delivers measurable benefits such as cost reduction, revenue generation, enhanced security, and exploitable insights across your entire organization.
Components of a State-of-the-Art Telematics Platform
The flow of data from collection to visualization and management by end-users is as follows:
A hardware gateway, which is installed in the machine, receives the raw data from the machine’s ECUs directly via the CAN bus. This data is then transmitted via the cellular network to a cloud platform, where it is processed, stored, and analyzed. Any data can be retrieved via a well-defined application programming interface (API). By utilizing the API, the machine data and fleet data is served to user interfaces such as a web portal or mobile app, and to be integrated with any other 3rd party solutions or cloud-to-cloud integrations. Note that the data flow is bi-directional, allowing a user (or application) to also send commands or files from the cloud directly to the hardware gateway.
- Hardware Gateway for edge computing and data transmission;
- Telecoms SIM Provider for cellular connection;
- Cloud Platform for data processing and big data storage;
- User Interfaces for user interaction.
Keeping pace with the fourth industrial revolution
The right Telematics Solution, developed with the right partner, can deliver real and measurable benefits to OEMs, including cost reduction, revenue generation, enhanced security, and valuable, exploitable insights.
Forward-thinking OEMs in the off-highway space are keeping pace with developments in modern telematics and seizing the opportunity to stay one step ahead of their competition.