Solving IoT Challenges
According to industry analysts, there are 38 billion devices equipped with tracking capabilities. With the growing proliferation of sensors, GPS units, and cellular modems, the IoT market will significantly contribute to that number as both businesses and consumers seek to track the location and health of nearly everything — from shipments to vehicles to people and more.
Strategic IoT Solutions for the Automotive Industry
Service providers, insurance carriers and auto manufacturers are racing to connect vehicles using telematics devices to deliver safety related value-added services designed to offer drivers information, protection, and lower premiums. These value-added services include emergency services, remote vehicle diagnostics, vehicle tracking and recovery, safe driver and no-texting services and teen driver management. Additionally, insurance carriers are using the vehicle telematics data to analyze driving patterns, encourage safe driving practices and reward customers with lower premiums for good driving behavior.
Asset tracking solutions require varying hardware and communication methods and features based on cost, physical size, environmental conditions, geographical location, and more. By partnering with the industry’s leading device manufacturers and carriers, ThingWorx provides systems integrators and product manufacturers with the flexibility to choose and connect to any hardware using any communication method on any network.
Benefits of the ThingWorx IoT Platform
ThingWorx enables you to develop a highly differentiated cloud-based service for connecting to remote OBDII devices and vehicles, managing the vehicle diagnostic and driving behavior data, integrating the data with enterprise systems, and developing new innovative “connected vehicle” applications.
The ThingWorx IoT Platform supports essential application services, such as location-based services for visually displaying assets geographically and geofences for receiving alerts if equipment or shipments travel outside of a given region, providing the foundation for remote asset management, GPS tracking and mapping, reporting, and IoT data integration.
With ThingWorx, you can quickly build automotive IoT solutions to:
- Easily locate equipment
- Deploy fleets and field service teams efficiently
- Prevent and detect theft of equipment
- Maintain real-time inventory of assets by tracking location
- Optimize supply chain by tracking shipments from origin to ultimate destination