The IoT have been useful in helping transportation-related businesses —fleet, taxi, trucking and parcel delivery, provide greater efficiency by knowing exactly where their vehicles are at all times.

IoT for fleet management to drive further efficiencies. As the adoption of 4G networks gains speed, richer, more complex applications are becoming increasingly common. Here are some IoT innovations that will help drive fleet management in the years to come:

• Maintenance: Embedded sensors allow fleet companies to optimize maintenance, which will keep vehicles running safer and longer while helping to make a case when replacements may be necessary.

• Driver safety: Careless driving can open fleet companies to myriad risks. IoT applications that track driving habits – speed, blinker usage, braking time – can give organizations data they need to identify areas where their drivers can make safety improvements.

• Energy efficiency – By determining how long vehicles idle, average speed, and gas mileage, fleet companies can get a complete view of its vehicles' efficiency. More importantly, they can use that information to determine timing and levels of upgrades.

• Data culmination – The end-game for all of the aforementioned IoT utilizations is to use the sum of the data collected and determine how all of these factors interact and affect the overall efficiency, profitability, and safety of the organization. That's where the power of IoT can truly be felt.