CEAT to reinvent tyres with IOS sensors, GPS trackers, AI systems
ROADS & HIGHWAYS

CEAT to reinvent tyres with IOS sensors, GPS trackers, AI systems

Tyre manufacturing major CEAT Limited is planning to reinvent its tyres. The company plans to embed Internet of Things (IoT) sensors, Global Positioning System (GPS) trackers and artificial intelligence (AI) to provide insights and visibility over operations.

CEAT plans to introduce these smart tyres in the first quarter of FY22.

Tyre management accounts for about 15-20% of the total operational costs in managing bigger fleets. Many logistics companies do not have the technical data and skills to digitise and optimise tyre management. According to CEAT, the new tyres will reduce the cost incurred on managing them and provide safety to the vehicles and drivers.

CEAT Fleet Solutions is a strategic business unit of CEAT, focused on tech-enabled driving solutions sales to commercial vehicles in the country. It uses big data, AI solutions and advanced digital stack to enhance the efficiency of larger fleets.

Before developing intelligent tyres, CEAT's Fleets Solutions was working to achieve a similar goal with traditional tyres and a stack of technologies operating behind.

Vice President of Sales Development and Fleet Solutions of CEAT, Pali Tripathi, said that the algorithm could identify the poor performance of the tyres and suggest actions to improve them. Through the algorithm, the company can say what will happen to the tyre in future because of some driving behaviour. It has been tested, and the predictability coefficient is high.

By using IoT systems, like tyre pressure monitoring systems (TPMS), the company will get real-time visibility of the status of the tyres. In case of raised or dropped temperature, an auto alert will be raised to inform the driver.

In case of breakdown, the driver can reduce the downtime and cost by using CEAT's application. CEAT also integrated IoT devices with enterprise resource planning (ERP), which will provide real-time monitoring of tyre data remotely using a single tool.

To ensure that the new tyres work efficiently, CEAT uses open Application Programming Interfaces (APIs). If the drivers already have an Enterprise Resource Planning (ERP), it will be taken on priority.

To develop a management stack, CEAT has collaborated with many tech companies and startups. Its partnership with Accenture has helped to develop a business model and on-route solutions.

Image Source

Tyre manufacturing major CEAT Limited is planning to reinvent its tyres. The company plans to embed Internet of Things (IoT) sensors, Global Positioning System (GPS) trackers and artificial intelligence (AI) to provide insights and visibility over operations. CEAT plans to introduce these smart tyres in the first quarter of FY22. Tyre management accounts for about 15-20% of the total operational costs in managing bigger fleets. Many logistics companies do not have the technical data and skills to digitise and optimise tyre management. According to CEAT, the new tyres will reduce the cost incurred on managing them and provide safety to the vehicles and drivers. CEAT Fleet Solutions is a strategic business unit of CEAT, focused on tech-enabled driving solutions sales to commercial vehicles in the country. It uses big data, AI solutions and advanced digital stack to enhance the efficiency of larger fleets. Before developing intelligent tyres, CEAT's Fleets Solutions was working to achieve a similar goal with traditional tyres and a stack of technologies operating behind. Vice President of Sales Development and Fleet Solutions of CEAT, Pali Tripathi, said that the algorithm could identify the poor performance of the tyres and suggest actions to improve them. Through the algorithm, the company can say what will happen to the tyre in future because of some driving behaviour. It has been tested, and the predictability coefficient is high. By using IoT systems, like tyre pressure monitoring systems (TPMS), the company will get real-time visibility of the status of the tyres. In case of raised or dropped temperature, an auto alert will be raised to inform the driver. In case of breakdown, the driver can reduce the downtime and cost by using CEAT's application. CEAT also integrated IoT devices with enterprise resource planning (ERP), which will provide real-time monitoring of tyre data remotely using a single tool. To ensure that the new tyres work efficiently, CEAT uses open Application Programming Interfaces (APIs). If the drivers already have an Enterprise Resource Planning (ERP), it will be taken on priority. To develop a management stack, CEAT has collaborated with many tech companies and startups. Its partnership with Accenture has helped to develop a business model and on-route solutions. Image Source

Next Story
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement