IoT and AI to accelerate the Fleet Management System

Due to mobility restrictions and limited supplies of essentials, the pandemic highlighted the importance of commercial vehicle fleets. It also emphasized the importance of technological solutions for effectively managing commodities movement. According to Fortune Business Insights, the global fleet management software industry will develop at a compound annual growth rate (CAGR) of 18.3 percent between 2022 and 2029. Fleet-tech is about utilising the capabilities of the Internet of Things (IoT) and Artificial Intelligence (AI) to achieve efficiency (AI). The drivers, their "khalaasis" (navigators), fleet managers, and fleet owners are at the heart of commercial fleets.