Winning Technology Growth Strategies For Founders. Simply put, technology and digitization scares most SME owners.
Telematics merges informatics and telecommunication together with the help of internet. Telematics is very commonly used in vehicles which is called vehicle telematics. With the help of this, information of vehicle location is used to improve the efficiency of the fleet-based business. With real time GPS data, vehicles can get accurate information about traffic so that delays can be avoided which will ultimately boost the business productivity.
The telematics gives better insights about patterns and different activities across the entire fleet, helping managers better understand how to improve business efficiency, performance of drivers and fuel consumption while lowering overall operational costs.
Blockchain is amazingly popular nowadays. It is a distributed ledger which is completely public or open to everyone. Well, blockchain is considered as one of the evolutionary inventions after the Internet. It is emerging as one of the most propitious and ingenious technologies of cybersecurity. In its germinal state, the technology has successfully re-placed economic transaction systems in various organizations and has the potential to revamp heterogeneous business models in different industries.