IoT Research Labs, based in India, specializes in providing advanced fleet management solutions powered by IoT technology. The company serves businesses with vehicle fleets, aiming to increase safety, operational efficiency, and profitability by 10-15%. Operating in the fleet management market, IoT Research Labs offers a comprehensive software platform that includes features such as GPS tracking, fuel tracking, and fleet tracking. The business model revolves around a subscription-based service, where clients pay for access to the software and its various functionalities. Revenue is generated through these subscriptions, as well as through additional services such as preventive maintenance scheduling and vehicle downtime reduction. The company targets large enterprises and businesses that rely heavily on vehicle fleets for their operations. By leveraging IoT technology, IoT Research Labs helps its clients reduce vehicle downtime, improve driving behavior, and enhance road safety. The platform also includes tools for calculating return on investment (ROI) and optimizing fleet performance.

Keywords: Fleet management, IoT technology, GPS tracking, fuel tracking, operational efficiency, vehicle safety, preventive maintenance, ROI calculator, large enterprises, India.