Tyre Express, a startup focusing lifecycle management for fleet operators, has developed an IoT based Tyre Performance Management Solution.
Powered by the Microsoft Azure IoT Hub, Tyre Express with its solution, will help build operational efficiency for commercial vehicle fleet operators by tracking tyre performance.
In India, procurement of new tyres for a commercial vehicle approximately costs about INR 1.00 Lakhs to INR 1.50 Lakhs ($1,800-$2,200).
Fluctuations in pressure and temperature impact the life span of a tyre. Operating a vehicle with tyre pressure that is 20 percent below rated pressure increases fuel consumption by 5-10 percent and reduces tyre life by 15 percent to 20 percent.
The new IoT platform helps customers monitor tyre performance in real time and track inventory. Microsoft Azure integrate Tyre Express devices with the cloud, store, and analyze data.
“It enables us to visualize the same in the form of easy-to-understand dashboards. We can help customers take suitable action based on such inputs to improve operational efficiency, reduce costs, and improve profitability.” said Brijesh Shukla, Co-Founder, Tyre Express.
Microsoft and Tyre Express have combined the power of IoT and Analytics for this offering for the commercial vehicle industry.
The aggregator hub gathers data that is periodically sent to the Azure IoT hub for further processing and analytics.