Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups in the logistics industry. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. So, let’s take a look at promising fleet management solutions.
Heat Map: 5 Top Fleet Management Startups
For our 5 picks of fleet management startups, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 5 interesting examples out of 178 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Verizon Connect – Route Planning
Route planning in fleet management includes dynamic route optimization while considering departure and arrival timing, traffic on the roads, and the capacity of the chosen vehicle. USA-based Verizon Connect in its route planning adapts to the changes in destination or traffic as well as plans the most convenient route for each vehicle specifically.
SmartCarX – Real-Time Vehicle Monitoring & Diagnostics
By analyzing real-time vehicle health, fleet management companies can anticipate possible breakdowns of the vehicle. The main features of this benefit include Artificial Intelligence-driven analysis of the driver’s behavior, gathering real-time data about the car, and indicating the driver’s location for instant speed comparison. Indian SmartCarX offers Internet of Things (IoT) focused devices that also function as connected vehicle platforms to improve safety and technical quality of the fleet.
Fleetio – Reporting & Analytics
Reporting and analytics in fleet management involve scheduling maintenance tasks, tracking information about fleet parts and supplies, and keeping all-in-one records for optimizing and analyzing fleet operations. Fleetio, a startup from the United Kingdom, creates an autopilot function that centralizes data about all the fleet operations, statistics, records, and analytics, which helps optimize staffing needs and systematize data.
Stream – Safety
Enabling high safety for vehicles can be realized through fleet management maintenance software which tracks all the records about the technical state of a vehicle, schedules regular inspections, reports defects, and shows a checklist to maintain a high safety rate of each detail of the vehicle. Stream, another UK-based startup, develops a mobile app that can be used by each driver to control the technical state of the vehicle and find out more about the scheduled regular safety check. Also, this startup minimizes the paperwork by systemizing all necessary vehicle and asset management data as well as the safety issues in one place.
Avrios – Carbon Emission Tracking
Fleet management companies consider ecological awareness from two perspectives: as the reason to adopt more sustainable means of transportation and the way to save up money by using less petrol. This can be implemented with the help of a tracking system that counts, analyzes, and stores information about how much petrol each vehicle uses within the fleet. Swiss Avrios offers the advanced feature of tracking CO2 emissions for each vehicle individually and the entire fleet in order to show the statistics on the ecological aspect of a logistics company.
What About The Other 173 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 5 fleet management startups showcased above are promising examples out of 178 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.