According to research from Inmarsat (LSE:ISAT.L), the Internet of Things (IoT) will play a pivotal role in enabling the transport and logistics sector to reduce its carbon footprint and minimize any negative impact on the environment. Inmarsat provides global mobile satellite communications, which found that 95 percent of companies in the sector are actively implementing IoT technologies to improve their environmental sustainability.
Vanson Bourne conducted the research report entitled ‘The Future of IoT in Enterprise’ in which he collected responses from 100 large global transportation companies and found that 44 percent of companies are prioritizing environmental monitoring as a key area for IoT deployment. Moreover, 15 percent stated that they had increased their environmental sustainability as a direct result of their IoT deployments, and a further 65 percent expected to do so in future, highlighting the effectiveness of the technology in this area.
Mike Holdsworth, Director of Transport at Inmarsat Enterprise, explained the importance of adopting IoT solutions in enabling the transport and logistics sector to reduce its carbon footprint. He said that the International Transport Forum estimates that heightening travel demands could see global CO2 emissions from transport increase by 60 per cent by 2050, a figure that is based on the assumption of significant progress with the adoption of greener technologies. Without such progress, that figure is expected to be considerably higher. The transport industry needs to get smarter if the sector is to successfully accommodate these changes and limit its impact on the environment, and it is clear that many are putting their hopes in IoT to help them achieve that.
He added that the IoT could have an immediate and considerable impact on the emissions of logistics companies today. For example, CO2 emissions can be exacerbated by faulty equipment, engine damage and poor route planning but IoT can address these issues by utilizing smart telematics devices, diagnostic sensors and accelerometers to gather engine status data and automatically notify fleet managers with instant alerts of damage or faults. This information can be used to limit engine wear-and-tear and increase average miles-per-gallon (MPG), indirectly reducing overall emissions and minimising wastage by extending the lifespan of each vehicle.
Holdsworth continued saying that there are multiple opportunities for businesses from collecting, storing and analyzing real-time data from crowdsourcing or sensors located in vehicles and machinery across their supply chain and it will be invaluable for those who hope to reduce their carbon footprint. However, making informed decisions in real-time depends on having data available at all times, but to achieve that you need continuous and reliable connectivity, and it is impossible to achieve that without mobile satellite communications.
He concluded that by utilizing the IoT over a satellite connection and making immediate strategic adjustments, transport organizations will have a distinct advantage over their competition in achieving environmental sustainability. Inmarsat’s L-band services offer a global satellite network that can provide critical connectivity for reliable end-to-end communications with up to 99.9 percent uptime, even in isolated or remote environments with minimal or no mobile coverage.