VILNIUS, Lithuania, Oct. 18, 2022 /PRNewswire/ -- The only global IoT solutions competition IoT Project of the Year was held for the third time and named the top 12 projects from the last 12 months. The winning companies managed to create the most functional solutions, implement non-standard ideas using telematics and IoT technologies in different industries. These projects were carried out all over the world, from Switzerland, Israel and Lithuania to Mexico, South Africa and Lebanon. The winners were announced on October 9, 2022 in Dubai.
An international jury made up of IoT experts from well-known companies in the sector such as Wialon, Teltonika Telematics, Volvo Construction Equipment, IoT M2M Council, Queclink Wireless Solutions and Xirgo Global | Sensata named the winners in 11 applications. They were determined in different categories: from cold chain transportation and long-distance shipping to agriculture and public safety. And the most brilliant project among all the participants won the Community Choice award. The winner has been decided by open voting in the IoT and telematics community. The highest number of votes went to a project implemented by an enterprise solutions provider, MaliaTec, from Lebanon.
"Today, we are all witnessing how the IoT is being incorporated into more and more industries around the world. The flexibility of the technology means that the solutions are only limited by the creativity of the users. The IoT project competition of the This year aims to highlight the best industrial solutions of the past year and inspire companies to become more efficient through IoT," said Aliaksandr Kuushynau, Wialon Director, Gurtam.
This year, the projects presented from 24 countries demonstrated that the possibilities and potential of telematics and the IoT can be used in any company to optimize processes, reduce costs and stand out significantly in the market. For example, the largest Mexican exporter of beef, pork and chicken saved more than a million dollars thanks to the CTTMX telematics solution, which prevented cargo and vehicle theft. MaliaTec optimized cold chain delivery from a leading provider of cold chain solutions in the UAE. The result was an average success rate of 98.2% for guaranteed next-day delivery, while the industry standard rate is 70%. Gotthard Handels AG of Switzerland implemented a tracking solution for railway construction wagons that allowed the rental company to significantly improve its asset management.
The IoT Project of the Year contest is organized by the team behind Wialon, a state-of-the-art IoT and telematics platform with more than 3.4 million connected vehicles and other assets worldwide. The idea of the award is to demonstrate the incredible pace of development of IoT and telematics; show how innovative projects change businesses, but also spheres of human life, from providing personal security to contributing to environmental problems.
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