Real-time telemetry and information systems for a more efficient management

Know the relationship between telemetry systems and real-time information

Telemetry systems allow remote monitoring of the state of various equipments. It’s a wireless transmission and data reception technology widely used in the fleet area that sends important information directly from the vehicle in real time. When telemetry systems are combined with real-time monitoring systems to analyze the overall state of the fleet and the business, the benefits are immense.

Greater security

Through software such Multipeers4Fleets, it’s possible to monitor in real time the driving style of the drivers. If the driver is leaving the predefined route, for example, an alert is issued that warns the managers immediately, who can find out what is happening at the moment. The same happens when the driver is driving too fast. Managers can be warned in real time about the situation and they can act on the moment.

Cost Reduction

Reducing operational costs is one of the main goals of most managers. Through real-time monitoring it’s possible to alert drivers about the incorrect aspects of their driving style by investing in training tailored to the specific needs of each driver. In this way, monitoring the business in real time allows reduces unnecessary costs.

Real-time tracking

Having all the information available in real time on your desktop is a way of being able to apply preventive actions immediately, reducing the probability of having more serious problems in the future. If you cross-reference a driver’s geographic positioning data with the driving time, you can alert the driver about the need to end the shift, thus reducing overtime provided by that driver.

Interconnection of departments

Using a real-time business monitoring solution allows integration with other systems within the organization, complementing the solution with useful metrics to other departments. It’s easier to convey information throughout the organization, so that all employees are up to date on the real state of the company. On the other hand, Multipeers4Fleets allows you to define the indicators that each employee receives in his daily life, so that he only receives the necessary information for the execution of his work.

More effective global management

Multipeers4Fleets offers quick reading reports, providing a broad view of the state of the vehicles, the fleet and the business as a whole. Through a simple and intuitive interface, it’s possible to analyze at each moment the state of the business to improve, in the immediate, possible deviations in the fleet. It’s possible to obtain indicators with kms analysis, consumption, driving hours and non-compliance with norms and objectives. The combination of telemetry systems with real-time monitoring software allows you to cross-reference data from the most diverse systems to discover and solve problems and improve performance.

The impact of the Internet of Things on business

See how the Internet of Things influences the business world

The Internet of Things has the power to change the way we live and the way we work. Nowadays, the cost of accessing the Internet is very low compared to the beginning of the technology era. Mobile devices are becoming more appreciated and more devices are built with network connectivity. All of these conditions create the ideal scenario for the Internet of Things.

In a very simplified way, Internet of Things aims to connect any device to the Internet. According to Gartner, by the year 2020 there will be more than 26 billion devices connected to the network. At home, this concept aims to make life easier for people, but its application will also have impact in the business world.

Real-time Marketing

With the Internet of Things it’s possible to collect data about consumers in real time, anticipating their needs and creating strategies and campaigns that satisfy them. Real-time data collection is far more effective than exhaustive market research.

Equipment maintenance

The Internet of Things can be used to convey information about the wear of a company’s equipment, thus helping with maintenance issues. It’s also possible to recognize faults early in the production process, which allows the problem to be repaired immediately, preventing more serious complications in the future.

Logistics

The connection of logistics equipment with the Internet of Things helps companies to increase their efficiency in customer service, and it’s also possible to deliver faster and increase customer satisfaction.

Application in Data Center

In industries, the Internet of Things proves to be very useful since it’s possible to measure temperature and humidity levels. The sensors are integrated with network and system monitoring tools and, if stipulated values ​​are exceeded, alerts are generated to take corrective actions.

Greater security care

Companies need to ensure that information shared between devices connected to the network remains secure and with so many devices connected at the same time, the need for security is even greater than before. Companies will therefore need to find professionals capable of providing this security, which will result in a more effective management and a greater protection of all information.

The application of Internet of Things are endless and every day new discoveries are made in this area. The world is changing and companies need to change too so they are not outdated.

Learn how to build relevant metrics for your business

How to create metrics relevant to your business?

For a company to achieve success and positive results, it’s essential that the most important metrics that allow us to evaluate the profitability and productivity of the business are defined. Nowadays, with the possibility of having data in real time, it’s easier to have access to information. But do you know how to create relevant to your business? In this article, we leave you some tips!

Collect data: With solutions like Multipeers, you can aggregate all company data in one place, presenting them in a simple and appealing way. In this way, the time spent searching for the information is shorter and the decisions taken are more conscious and informed.

Make the data important: the data collected must have an objective, otherwise they lose all their importance. Thus, it’s fundamental that when we collect data we already know what we want to analyze with them.

Create your own definition of success: each department must clearly define where they reach the level of success, and they must be realistic because putting too unrealistic values ​​can increase the level of frustration. The metrics you analyze in each department must be in accordance with this definition of success.

Each business has its own particularities, but there are metrics that should always be analyzed as they give us a good insight into the current state of the business.

We highlight the conversion rate which is the accounting of how many conversions were made in relation to the total traffic that the company website had and the cost of acquisition of each customer that is the sum of the total spent on marketing and sales to be divided by the total number of customers.

How Technology Has Changed Decision Making

Learn how technology has influenced decision making

The large amount of information that currently exists is a concern for companies, which increasingly find it difficult to manage this information and manage it in order to take the better decisions.  In the old days, technology was used only to automate tasks and to reduce the need for human work, but today it enriches the entire organizational process, optimizing activities, eliminating communication barriers, among other advantages. Management software has played a key role in helping managers to make assertive and conscious decisions. In this article we talk about how technology has changed decision making!

Real-time information: the possibility of accessing the information in real time changes everything because it’s the guarantee that we are always working based on the most current information that exists. Decision making is made easier because there is no need to consult old reports to decide what to do next. With information so accessible, the likelihood of making decisions is much lower, which certainly increases the efficiency of companies.

Creating Business Alerts: Real-time information management software such as Multipeers enables you to set up business alerts that alert managers to abnormal situations that require your attention. This fact makes it possible for managers to carry out their day-to-day tasks in a quiet way because they know they will be alerted when something abnormal happens. This allows corrective actions to be taken immediately, ensuring the rapid resolution of problems.

Mobility facilitates follow-up: Being able to track the status of the organization through the tablet or smartphone is essential for an effective proximity to the business. More and more we use mobile devices and we manage many of the operations through them (reading and sending emails, doing banking transactions, among others). The availability of real-time information for mobile devices allows us to be always attentive to everything that is important in the organization, so that there is no loss of time in decision-making.

More dynamic management: the data available in real time allows instant analysis and decisions are more conscious and efficient.

Immediate perception of the problems: real-time information informs us about the state of things, which allows us to know in good time what is going wrong, so that we can solve the situations. With this new management model, it isn’t necessary to use old reports to find out why something went wrong, because we are alerted immediately.

Technology has changed the way we live and the way we work. With technology, it’s easier to access information and, consequently, to make better decisions that allow the company to achieve success!

6 Trends for business management in 2017

The main trends for 2017

“Times are changing.” The phrase is already old and can be transposed into business reality. With each new year, managers are confronted with news and fluctuations that completely change the way they manage. In this article, we talk about the trends for business management that will be highlighted in this new year.

Digital marketing

It’s already a trend that has been maintained in recent years and each year that passes its importance is greater. The current consumer lives online so it’s in the digital world that we have to try to achieve it. Having an appealing and up-to-date website is essential, as well as being present on social networks. Each area of ​​activity has its specific characteristics and it’s necessary to study the behavior of the consumer before deciding in which network we should be.

Home Office

This is not new in the business world because of the mass use of the Internet, the number of people who are self-employed from home is increasing. However, it’s expected to be a reality present in many small, medium and large companies. Nowadays it’s possible to consult information from anywhere in the world, which helps make this reality possible.

Management Software

In the fast-paced world of business it’s no longer conceivable to survive only using Excel documents or something like that. Nowadays, business happens at a very fast pace so it’s necessary to have information at the minute so that the best decisions are made and opportunities are not lost. Software such as Multipeers, which allow effective real-time business management, will be increasingly a necessity in contemporary companies.

Big Data

The growing number of data generated in companies is a problem that has complicated the lives of managers and IT managers in recent years. Big Data is the union of the total volume of the data of a company, in a structured form or not. Data are currently viewed as the most important asset of companies and the trend in 2017 is to remain at this level. The data generated are increasingly important for the definition of strategies and consequent decision making.

Security and Privacy

The new data protection law released in May last year came to raise awareness among companies about the need to protect the privacy of data provided by customers. The new law brings with it large fines for those who do not comply. Therefore, in 2017 data security is expected to be a constant and growing concern for managers.

Inclusion of generation Z in the labor market

Generation Z is composed of all the young people who were born from the second half of the 90’s until the year 2010. These young people are now starting to enter the world of work and it’s necessary to be prepared to receive them. Generation Z grew in an era dominated by technology and where the digital connection between all was already a reality. These young people will certainly have difficulty to adapt to more traditional environments. Managers face the challenge of eliminating, or at least minimizing, intergenerational conflict.

The challenges for managers are a constant and we believe that in their daily life there are always barriers to overcome. However, we believe that these are the management trends for 2017 and managers should be aware of the presented topics!

5 Internet of Things Applications Across Industries

Top Internet Applications of Things in the Industry

Internet of Things describes a scenario in which various objects used in everyday life are connected to the Internet. Today, more and more objects are connected to the Internet. At the beginning of this digital age, it was only possible to connect smartphones and tablets. However, in recent years there was a revolution in this area and now it’s possible to connect gaming consoles, televisions and surveillance cameras to the network. The Internet of Things has a vision that goes even further beyond this.

This new concept proposes that people will be able to connect several objects to the network, not with the intention of creating a new way of consulting information on the Internet, but with the purpose of making the objects more efficient. Consider the example of a refrigerator. With the definition of the Internet of Things, the object would have the ability to inform us when the shelf life of a food is nearing its end. In the case of a thermostat, this object would be able to search the climatic conditions of the geographic are where it is to define the ideal conditions for the air conditioning.

According to Gartner, in 2020 there will be 20.8 million interconnected devices, without counting computers and mobile devices. It’s estimated that in 2020 there will be 7.3 million people on the planet, which means that on average every inhabitant of the Earth will have about three objects connected to the network. At industry level, there are many applications of the Internet of Things, we highlight the most important.

Production

With the application of the Internet of Things in the production phase it’s possible to identify problems that may have an impact on the final result and compromise its quality. In addition, it’s possible to implement corrective actions and to increase the efficiency and productivity of machines.

Maintenance services

Having detailed and up-to-date product information is important to reduce maintenance costs. This feature allows you to identify defects or failures, avoiding product breakdowns and associated costs. The sensors are able to detect vibrations or unusual temperatures and recommend preventive maintenance.

Engineering

The monitoring of the operation of the machines and their configuration helps to define adjustments in the production process, including at the level of the raw materials.

Logistics

Connected sensors contribute to greater agility throughout the entire distribution chain. The real-time information allows you to know where a particular batch is located and informs if there was any anomaly during the transport process. The sensors also contribute to implement improvements in future processes, contributing to cost reduction and to increase efficiency.

Fleet management

The Internet of Things allows you to monitor fleets and optimize speeds, fuel consumption, vehicle status, among other indicators.

Internet of Things can be applied virtually to everything and it’s put by Gartner in the mix of five digital technologies that companies will have included in their platforms in the coming years. This is another concept that shows the importance of having information in real time. People need to be constantly updated and this contributes to improvements in the industrial processes.

Find the concept and applications of Business Activity Monitoring

Everything you need to know about business activity monitoring

Business Activity Monitoring (BAM) enables real-time access to business-critical activity indicators. BAM analyzes the information, reports and issues alerts related to important and relevant events for business operation. The main objective of this concept is to allow quick and effective decisions in order to guarantee the success of the company.

The sources of information that feed BAM are mainly the events generated by business applications. Implementing this concept means dealing with the complexity of gathering events from multiple applications. With a BAM tool it’s possible to monitor processes by following their steps and identifying problems in useful time, aggregating data from different systems, processing complex events and obtaining context information.

Normally, BAM tools are offered in a Web context in order to facilitate access. These tools provide a graphical interface to display the various business data, usually in the form of a dashboard. A dashboard is the set of a series of graphs viewed together, in which each graph can appear in a different format (bars, round, among others) and each one presents a different indicator of business.

The architecture of a BAM product is variable according to the tool. However, the structure normally used is as follows:

  • Development interface: it allows the development of the graphics by the developers and the definition of the data by the architects;
  • Presentation interface: it’s the user interface with the tool, allowing the visualization of dashboards;
  • Databases: it’s the repository of information that is displayed in the BAM presentation layer. The data displayed in BAM is originated from other systems (BPMS, ERP, Database, etc.), but BAM tools usually have their own database for storing this information, reducing the need of searching the information at any moment in the systems of origin;
  • Integration layer: it’s the layer that allows integration of the BAM tool with other systems and data sources;
  • Administration interface: it’s responsible for defining users and profiles/access restrictions, as well as integrations with existing user repositories;
  • Alerts/Actions Monitoring: it’s responsible for verifying the change and deviation of the indicators values ​​and triggering treatment actions (like sending e-mail or alert SMS).

A BAM tool is not a data source because it only compiles and displays data from other systems or data sources. The correct use of a BAM system depends on the correct definition of important indicators for a constant analysis of the business.

Using a BAM system will allow you to know in proper time what it’s important in your company, without having to look for information in several places. These tools are able to consolidate all the information and to present it in a practical and easy way.

Multipeers is a BAM tool that allows you to have all the business information sent to the user whenever something important happens even when he’s not at the work station. In addition to ensuring that up-to-date information is always available, the information is delivered in a graphically clean and interactive way, allowing immediate analysis and action, thereby improving individual performance and increasing organizational efficiency.