亚博体育官网首页

Nilesh Jain, Nigraani: Fuel tracking market penetration under 1%
Technology

Nilesh Jain, Nigraani: Fuel tracking market penetration under 1%

Nigraani provides IoT (Internet of Things) solutions to commercial fleet operators to help them track their diesel consumption with 99% accuracy and fleet operation metrics. The SaaS (Software as a Service) model helps avoid any overhead of setting up an IT team to manage hardware and software. Nigraani鈥檚 cloud-born, real-time analytics solutions help the customer get RoI in months by better management of fuel, their largest operating expense.

On segments that are driving the demand for its products, Nigraani鈥檚 Director Nilesh Jain, who has over 20 years of experience transforming businesses of large and complex organisations across the world spanning Africa to Asia, tells us that fuel tracking solution鈥檚 penetration is less than 1% of the overall commercial fleet size of India due to multiple factors鈹乴ack of product knowledge, failed experiments with low precision solutions, transport segment stuck in the age-old practice of compensating drivers on a per-trip basis to overcome fuel accountability challenges, etc. Fuel tracking solution is gaining more traction in the market with dependable high-precision solutions and the R-of-I (Return of (not ON!) Investment) in months.

Jain explains why it makes sense in cost and efficiency terms to include IoT-based solutions to a fleet and indeed, changing the way the business model operates. In this story, we also include an interesting case study on how civil construction company IRSS benefited from fuel tracking solutions.

Nigraani provides IoT (Internet of Things) solutions to commercial fleet operators to help them track their diesel consumption with 99% accuracy and fleet operation metrics. The SaaS (Software as a Service) model helps avoid any overhead of setting up an IT team to manage hardware and software. Nigraani鈥檚 cloud-born, real-time analytics solutions help the customer get RoI in months by better management of fuel, their largest operating expense. On segments that are driving the demand for its products, Nigraani鈥檚 Director Nilesh Jain, who has over 20 years of experience transforming businesses of large and complex organisations across the world spanning Africa to Asia, tells us that fuel tracking solution鈥檚 penetration is less than 1% of the overall commercial fleet size of India due to multiple factors鈹乴ack of product knowledge, failed experiments with low precision solutions, transport segment stuck in the age-old practice of compensating drivers on a per-trip basis to overcome fuel accountability challenges, etc. Fuel tracking solution is gaining more traction in the market with dependable high-precision solutions and the R-of-I (Return of (not ON!) Investment) in months. Jain explains why it makes sense in cost and efficiency terms to include IoT-based solutions to a fleet and indeed, changing the way the business model operates. In this story, we also include an interesting case study on how civil construction company IRSS benefited from fuel tracking solutions.Read interview and case study here.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement