Let's understand how an IoT ecosystem works with the help of an example.
Mr. Ghanshyam is the owner of a Cargo company that has a large number of trucks as part of its fleet. They provide transportation services to various other businesses across the country. Lately, he has been incurring losses in his business due to various reasons that he has not been able to identify and rectify.
His son Shyam, who works as an IoT engineer, gets to know about his father's business condition and decides to come down and assist him. He works with him over the next few months and observes a few major issues that are incurring losses. A few of the issues are listed here:
- High fuel consumption
- High maintenance costs
- Delivery ...