New Delhi, April 27, 2017: Tyre Express, a startup pioneering lifecycle management for fleet operators, has developed an IoT based Tyre Performance Management Solution. Powered by the 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 can have a dramatic effect on the life span of a tyre. Tyre pressure varies across vehicles depending on the model, size, etc., depending on whether one travels on a light or fully loaded vehicle. Tyre Express powered by the Azure IoT hub has started working towards monitoring these parameters and taking preemptive measures to increase their performance.
“Tyres are one of the largest consumables for fleet operators after fuel. Operating a vehicle with tyre pressure that is 20% below rated pressure increases fuel consumption by 5-10% and reduces tyre life by 15% to 20%. The new IoT platform helps customers monitor tyre performance in real time and track inventory. Microsoft Azure enables us to create a superior customer experience by allowing us to seamlessly integrate our 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.
Narendra Bhandari, General Manager – Developer Experience and Evangelism, Microsoft India said, “Tyre performance tracking can control premature tyre failure in vehicle, a direct impact to fleet productivity, costs and on time performance. Microsoft and Tyre Express have combined the power of IoT and Analytics for this innovative and game changing 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. When a message enters the Microsoft Azure IoT Hub, the Stream Analytics casts the data to appropriate data types and sends it to Power BI for a visual demo and to a SQL database.
About Tyre Express:
Tyre Express is co-founded by an alumni team from SP Jain and Saïd Business School (University of Oxford). Tyre Express is a Full Stack Enterprise IoT solutions venture. Our mission is to develop product and services that achieve measurable efficiency. Tyre Express has been part of NASSCOM’s 10000 Startup Program (Mumbai) and has raised Seed Fund from IvyCamp.
About Microsoft India:
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services, devices and solutions that help people and businesses realize their full potential. Microsoft set up its India operations in 1990. Today, Microsoft entities in India have over 8,000 employees, engaged in sales and marketing, research and development and customer services and support, across nine Indian cities – Ahmedabad, Bangalore, Chennai, Delhi NCR, Hyderabad, Kochi, Kolkata, Mumbai, and Pune.