Welcome!

@BigDataExpo Authors: William Schmarzo, Liz McMillan, Ed Featherston, Craig Lowell, Dana Gardner

Related Topics: @ThingsExpo, Java IoT, Mobile IoT, Linux Containers, @CloudExpo, @BigDataExpo

@ThingsExpo: Article

Internet of Things Doing Some Heavy Lifting (IoT)

The supply chain is the primary driver of the explosive expansion of M2M applications

In the last decade, the "Internet of Things" has expanded from a small set of assets with first-generation radio frequency identification (RFID) tags to a proliferation of devices using a variety of wireless machine-to-machine (M2M) technologies. By some estimates, there are as many as 10 billion M2M devices deployed worldwide today, expected to grow to a ubiquitous 30 billion by the end of this decade.[1]

The power of M2M lies in its ability to capture, transmit and analyze asset data automatically - without human intervention - and inform business decisions that increase operational efficiencies, improve service capabilities and save money.

The supply chain is the primary driver of the explosive expansion of M2M applications, accounting for as much as 40% of revenue growth in the M2M market.[2] It's no wonder: manufacturers, distributors and retailers - especially those with large-scale enterprises - have long regarded supply chain optimization as a critical competitive differentiator.

One example of an M2M technology undergoing a surge of adoption across global supply chains is a wireless Vehicle Management System (VMS) for industrial trucks, such as forklifts.

Demand Drivers for VMS
Powered industrial trucks are the heart of material handling operations in the supply chain, and the cost of owning and operating an industrial truck - including fully burdened operator labor - can exceed $250,000 per vehicle per year in a three-shift operation. For an enterprise with 500 vehicles and a typical two-shift operation, the annual budget to run the fleet can exceed $80 million.

In addition to operator labor, the major costs associated with industrial trucks include acquisition (purchase or lease); damage (to facilities and products, as well as the vehicles themselves); maintenance; energy to power the vehicles; and a variety of direct and indirect costs related to injuries caused by vehicle accidents.

Industrial trucks are also the object of extensive governmental safety regulations, detailed in Occupational Safety & Health Administration (OSHA) standard number 1910.178.

What Does a VMS Do?
A Vehicle Management System is fundamentally about controlling the use of equipment and linking all vehicle activity to the operator. With that foundation, a VMS establishes accountability for equipment use, enforces powered vehicle safety regulations, and generates asset utilization metrics that can be used as Key Performance Indicators (KPIs) for material handling.

More specifically, a VMS can improve productivity by ensuring that equipment is available to work in the proper place at the right time, tracking fleet utilization (e.g., peak vehicle usage over time), measuring operator productivity (e.g., time logged into vehicles vs. time paid, and time actively working vs. time logged in), and benchmarking best-practice KPIs for equipment usage.

A VMS also helps enforce workplace safety policies by restricting vehicle access only to trained, authorized personnel, and by requiring operators to complete an electronic safety inspection checklist prior to using equipment. In addition, a VMS typically incorporates an impact sensing system that enables management to automate responses to vehicle accidents.

VMS systems typically deliver a return on investment by: (1) reducing damage to vehicles, facilities, and goods; (2) reducing or avoiding vehicle acquisition costs by justifying decreases in fleet size; (3) optimizing fleet maintenance controls to reduce maintenance costs; (4) eliminating costs traditionally associated with monitoring and enforcing safety policies; and (5) increasing productivity and justifying a reduction or reallocation of labor.

25 Years Ago, WMS...Today, VMS
A quarter-century ago, Warehouse Management Systems (WMS) emerged in the global supply chain to help manage inventory, order processing, and shipping. Within a decade, WMS had been deployed by many forward-looking organizations. Today, if a Fortune 1000 company with material handling operations has not deployed a WMS, it is almost certainly lagging behind its competitors.

VMS for industrial trucks is in an evolutionary stage similar to where WMS was a decade ago. Many progressive and respected supply chains have deployed VMS - users include some of the world's largest auto makers, consumer packaged goods companies, food producers, government organizations, industrial manufacturers, and retailers. Looking at the pace of WMS adoption is a precedent, VMS technology can be expected to proliferate rapidly, and any organization with sizable material handling operations will be at a competitive disadvantage if it does not use VMS.

References

  1. "More Than 30 Billion Devices Will Wirelessly Connect to the Internet of Everything in 2020," ABI Research, May, 2013.
  2. "Assessing Mobile Network Operator Capabilities and Opportunities in M2M," Matthew Hatton, M2M Summit, September, 2012

More Stories By Greg Smith

Greg Smith is Vice President of Marketing and Corporate Communications at I.D. Systems, a leading provider of wireless M2M asset management solutions. He has more than 25 years of experience in technology product development, and has published dozens of articles on technology solutions in both national media and trade publications. Greg has been involved in IoT technology deployments — specifically wireless vehicle management systems (VMS) for industrial trucks — with companies such as Ford Motor Company, Nestlé, Procter & Gamble, Target, Toyota, and Wal-Mart, among others. He holds a Bachelor of Arts degree from Williams College.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


@BigDataExpo Stories
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.