January 15, 2025

Internet of Things

INSPIRATION

The Internet of Things is a connection of physical devices that monitor and transfer data via the internet and without human intervention. IoT in logistics enhances visibility in every step of the supply chain and improves the efficiency of inventory management. Integrating IoT technology into the logistics and supply chain industries improves and enables efficiency, transparency, real-time visibility of goods, condition monitoring, and fleet management.

United Arab Emirates-based startup Fleetroot offers an IoT platform for companies to control and manage their fleet.Fleetroot offers fuel management solutions to fleet managers by providing fuel consumption and wastage reports. The platform helps monitor the performance of a vehicle and sends

critical alerts to the system using sensors and devices embedded in the vehicle. The data is then analyzed along with the historical data in order to predict and plan the maintenance of fleets. Fleetroot also offers route optimization and delivery solutions for the transportation of goods.

Belizean startup Ambrosus builds a Blockchain-based end-to-end IoT network for the food and pharma supply chain sectors. The network provides tools to analyze the data transferred between the sensors, distributed ledgers, and databases for optimizing the supply chain. The platform offers accurate tracking of shipments throughout the supply chain,thus ensuring the quality and authenticity of products by leveraging blockchain technology.