What factors influence the cost of a fleet management solution?

The Total Cost of Ownership (TCO) for a fleet management solution will depend on several factors: Cost of hardware embedded in each unit Size of the fleet being managed Complexity of features required Data transmission and storage costs Implementation costs will vary by the size and complexity of deployment Ongoing system maintenance

Fleet Management

Monitor your global fleet with Cumulocity

Fleet management solutions have enabled tracking, monitoring, and managing of assets in the field— but modern fleets need to think. Today’s systems require specialized knowledge in cybersecurity threat detection, multiple communication protocols, and edge intelligence, while simultaneously customers are demanding AI and ML capabilities to better manage their assets and reduce costs.

Cumulocity brings it all together — a powerful AIoT platform that helps you modernize fleet operations, reduce operating costs, and boost customer loyalty.

Cumulocity enabled us to accelerate innovation and scale rapidly. It’s helped us deliver customized, real-time fleet solutions across complex use cases while staying ahead of customer expectations.

Nadeem Asghar

CCO

Tracking

The challenges of implementing fleet management solutions

Internal development resources are stretched thin

Continued investing in internal resources to upgrade and maintain your IoT infrastructure as well as new AI innovations will slow innovation.

Regulatory compliance has become more demanding

IoT fleet management solutions are essential for meeting evolving global sustainability, safety, and cybersecurity regulations.

Customer expectations have evolved

Fleet customers worldwide demand real-time tracking, predictive maintenance, and enhanced transparency as standard.

Technology continues to develop rapidly

AI and edge computing are becoming integral to modern fleet management solutions across industries.

Fleet management saves money

According to research from the U.S. Department of Energy, companies that implement an IoT fleet management strategy see a 25-30% reduction in maintenance costs, a 70-75% decrease in breakdowns, and a 35-45% increase in asset life.

The numbers tell the story

$26 billion
projected size of the global IoT fleet management market in 2034, up from $9 billion in 2024.
Source: Fact MR
60%
of equipment makers maintain contact with equipment in the field.
Source: Boston Consulting Group
20%
extension of vehicle lifespan by implementing an IoT fleet management solution.
Source: Grand View Research

The right choice for fleet management

18 months

time saved in developing a fleet management solution by working with Cumulocity.

$180,000

savings for a trucking company using live data capture to monitor temperature of product in transit.

$3.5 million

annual savings from performing OTA updates for an entire fleet using Cumulocity.

Maintain a diverse fleet of devices

Gain complete visibility across your fleet with a platform that supports diverse connectivity for any vehicle, asset, or sensor. Effortlessly connect your entire operation—whether over MQTT, custom IoT sensors, LwM2M, or CoAP. Perform critical tasks like secure, bulk firmware updates while keeping your focus on actionable insights instead of integration challenges.

For us, scalability is more about the range of connections we can add quickly, across different device and communication types, rather than just the number of IoT devices.

—Arnaud Dejean

IoT Technical Director
Greenflex

Manage devices globally at scale

Cumulocity simplifies large-scale device management by automating tasks like updates, monitoring and more. This makes it easy to manage 100k devices with the same efficiency as 50.

Ensure enterprise cybersecurity

Build and maintain enterprise-grade security with confidence using a platform trusted by industry leaders across telecommunications, medical equipment, and government institutions. Cumulocity’s security infrastructure—including encrypted data transmission and storage, fine-grained Role-Based Access Control, comprehensive audit trails, and native multi-tenancy with complete data segregation—is built into the platform from the ground up. Backed by ISO 27001, 27017, 27018, and SOC 2 certifications, plus US Federal Government Authority to Operate (ATO), the platform delivers the highest security standards while supporting air-gapped deployments and seamless integration with existing security solutions.

Learn more at our Trust Center.

Deploy advanced AI and predictive analytics

Implement Cumulocity Streaming Analytics to deploy machine learning-powered anomaly detection and predictive maintenance that automatically identifies operational issues before they cause downtime. The platform processes real-time data from multiple sources to detect complex patterns, trigger instant alerts when devices perform outside expected bounds, and suggest targeted maintenance interventions. Scale these intelligent analytics across your entire fleet to optimize asset performance, reduce response times, and drive continuous cost savings through predictive insights and automated actions.

Aggregate fleet management systems to a single, unified platform

In the past, many organizations had to rely on multiple, separate systems for tasks like software updates, remote access, and lifecycle management. This lack of integration made operations inefficient and complex. Cumulocity addresses this by providing a single, unified application for managing devices end-to-end.

We knew we needed a mature and flexible IoT platform that could be deployed quickly without compromising on security, performance or integration breadth. Cumulocity was a natural fit.

—Glen Watson

Director Business Development
Hammerstone

Frequently asked questions

Managing device certificates for a large, globally distributed fleet can be a complex process. Simplifying it requires the use of a centralized trusted Certificate Authority (CA) for issuing and managing certificates. You can learn more on our Security page.

The Total Cost of Ownership (TCO) for a fleet management solution will depend on several factors:

Cost of hardware embedded in each unit
Size of the fleet being managed
Complexity of features required
Data transmission and storage costs
Implementation costs will vary by the size and complexity of deployment
Ongoing system maintenance

Ready to migrate to Cumulocity?

Be like Solenis. Migrate to Cumulocity and get a reliable, scalable IoT platform… with the ability to drive innovation and differentiation.

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