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News, trends and experiences within IT and transports from Vehco

Trend 5: Successful transport companies are becoming increasingly data-driven

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Transport strategy

Transport companies are on the verge of even more extensive digitalization. Terms like Big Data, AI (Artificial Intelligence) and IoT (Internet of Things) will become more common in the industry.

In the case of Big Data, transport companies need to learn how to exploit the large amounts of data that can be generated from an FMS. The data can be used for decision making based on real facts. Companies that early gets "data-driven", i.e. who base their decisions on actual data, will have a big advantage compared to companies that manages the business based on gut feeling. One example can be to automatically collect data from the operations (e.g. km-production, driving behavior, fuel consumption, waiting time, empty runs, order statistics) and generate deviation reports where you can identify low-performing vehicles/drivers, “time-thieves”, customers with long waiting times, vehicles with abnormal consumption, etc.

IoT is a term used to explain how more and more devices in the future will be connected and able to communicate with each other. It can be phones, goods, vehicles and sensors inside cargo spaces. One example of this is when the vehicle, sensors in the compartment, the driver's mobile phone/tablet and the transportation manager’s computer are connected through the same system and make use of the same data.

Transportation companies data driven by Vehco

The FMS of today are future proof in to different levels. The leading systems focus on openness and separation of the life cycle of the onboard computer from the device/monitor that the driver uses. In this way, the driver can always be offered a screen with a modern user interface that is in the same phase as the latest consumer products (which drives the development of MMI (Man-Machine-Interfaces). The vehicle computer can usually be allowed to have a longer life cycle, and through continuous updates it can "survive" 2-3 "screen generations. In some cases, the vehicle computer may be equipped with features that can be ready for use in the future (when other technology allows it). 

This is how Vehco works

In the industry, a standardization work is ongoing, where OEMs (vehicle manufacturers) provide data from the vehicle through the "cloud" (rFMS = Remote FMS). The objective is to take away the need to install an aftermarket onboard computer. However, rFMS has not yet made a major change for the industry as the standard allows the data through rFMS to have a built-in delay of 15 minutes. Further, the price tag that the vehicle manufacturers have set for the data has been relatively high.

By investing in a future-proof system, you can avoid your system becoming outdated and locked. With today's fast technology development, it is important to ensure that your current system will also keep in the future.

 "We had been using the same FMS since year 2010 and some of the hardware (onboard computer) is still in operation. The software has been developed continuously. We have aksed for changes and new features, and they have been implemented." - Tord Hansson, IT-Support at GLC, Sweden

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