Transportation and logistics industry is rapidly evolving in India. Globalization, consolidation, speedy growth of e-Commerce, de-regularization and privatization are top contributors to the growth of the sector. Business managers are now presented with unprecedented opportunities and challenges. Of the top-of-mind business priorities, a few are listed below:
Over 50 percent business managers believe that delays cause loss of opportunities and loss of revenue. Although several factors such as physical break-downs and weather are uncontrollable, there are ways to predict and take proactive measures. Implementing technology that reduces travel uncertainties in the need to the hour.
About 52 percent of travel and transportation companies cite operational improvement as their top priority. The same is true for non-travel companies where logistics contribute to the critical success path. Business managers are focused on efficiently managing the fleet of truck shipments moving from one factory / commercial premises to another.
Over 50 percent business managers cite business transformation as their short-term to mid-term priority. Travel and transportation organizations need to re-think their strategy in terms of people, processes, technologies and capabilities in order to transform the way they conduct business. Reliance on data driven decision making is the need of the hour.
OUR SOLUTION: BOVI-AI @ ANALYTICS
Constems-AI has built a computer vision, machine learning and IOT based solution, Bovi-AI @ Analytics. The integrated system addresses a few of the top challenges that business managers face:
HOLISTIC VIEW OF FLEET MOVEMENT
Bovi-AI @ Analytics System uses computer vision & IoT technologies to connect moving fleet across locations and provides a holistic view to users / owners.
DATA CAPTURING & PROCESSING
Bovi-AI @ Analytics System processes video and image based data to automatically capture any fleet movement and tag it against unique drivers’ (face-signature).
Bovi-AI @ Analytics System uses machine learning to optimize on fleet route plans, performance KPIs, optimum time travel & drivers’ performance indicators.