According to International Data Corporation, the world’s leading provider of market intelligence, spending on Internet of Things (known as IoT) will reach 745 billion dollars this year. Which sectors will spend on IoT? According to the data, the leading sectors will be manufacturing, consumption, transport and public services.
If you own a vehicle, you know how traditional vehicle insurance works. However, this model has become obsolete. It has evolved thanks to technology, giving rise to Insurtech.
This is how Location World experienced the ExpoTransporte Argentina 2022, one of the biggest exhibits in the transport industry in Latin America, alongside YPF and its innovative digital transformation. This alliance represents an important step in the field, thanks to the reboost of the YPF Ruta tool, and its wide spectrum of digital services. Since 2020, YPF has been working together withLocation World on the digital transformation of one of its most important businesses: YPF Ruta. Thanks to this alliance, YPF Ruta was able to introduce digital services, which have high value for its clients, since they allow them to optimize their businesses in the transport and logistics field. Digital transformation also allows companies to reach important cost reductions to continue walking through the path of technological evolution. People could learn about every important detail of this breakthrough in this exhibit that normally attracts around 30000 people every year. We were able to talk to Erica Bernasconi, from the Marketing Department of YPF Transport, about the presence of YPF, a transport and fuel giant, in the 12th edition of the ExpoTransporte that this year took place in La Rural of Buenos Aires, from August 9th and 11th. This was an international exhibit during which people could learn about equipment and technology regarding the autopart, cargo and passenger transport. ExpoTransporte gathers manufacturers, providers and professionals of the field, creating a space to create and strengthen business exchanges, but mainly, to share the new trends with the audience, as well as the benefits of digital transformation, when it comes to optimizing all types of fleets.
At Location World, we firmly believe in the importance of applying telematics to vehicles to increase the efficiency of operations and reduce costs. However, today we would like to talk about another benefit of connecting vehicles to the Internet, saving lives in traffic accidents. Connected cars are those capable of transmitting and receiving information through the Internet. This allows them to communicate with other vehicles, with the driver or with the fleet manager. This type of communication has multiple applications. For example, if a company has a fleet of 40 trucks, it can assign the routes to each vehicle in a way that optimizes each kilometer traveled or know the exact position of each unit in real time.
Now, due to remote work environments, businesses should pay special attention to their cybersecurity protocols. What can companies do to shorten their security gap?
After the growth experienced by the logistics industry in Ecuador and Latin America, companies in the sector have seen the need to strategically refine their services, incorporating technology into their control and monitoring processes. This was recently demonstrated in the first Smart Logistics 2018. This event took place in the city of Quito and brought together more than 30 companies from all over the country, which offer logistics services or depend on good control of the area to improve the functioning of the services they offer.
These are two words that are used more and more frequently. However, although most of us understand what it is, few of us are aware of its real potential. Find out why many are calling data “the new oil” and how Location World is harnessing its power to take the transportation industry in Latin America to a whole new level.
At Location World, we firmly believe in the importance of applying telematics to vehicles to increase the efficiency of operations and reduce costs. However, today we would like to talk about another benefit of connecting vehicles to the Internet, saving lives in traffic accidents. Connected cars are those capable of transmitting and receiving information through the Internet. This allows them to communicate with other vehicles, with the driver or with the fleet manager. This type of communication has multiple applications. For example, if a company has a fleet of 40 trucks, it can assign the routes to each vehicle in a way that optimizes each kilometer traveled or know the exact position of each unit in real time.
