The modern world is constantly evolving. Take a precise look around – technologies have already become an inseparable part of our lives, bringing both relief and acceleration. If you either are a devoted driver or involved in the automotive industry you can’t help noticing that the concept of vehicles is getting connected, automated and redefined. The Internet of Things (IoT) has empowered organizations to transform their attitudes to conducting business and generating revenue. Moreover, even those industries that have been able to survive on the same business model for a long time realize it’s high time they changed since in this case technology is not only enabling sustainability but increasing customer satisfaction and quality of experience.
Modern vehicles are extremely intelligent, with a wide range of sensors that collect and process data from in and around the vehicle. In addition, advances in communication technologies allow vehicles use this data to communicate with each other and their surrounding infrastructure. Not only are connected vehicle solutions able to support traffic management but help tackle traffic congestion and road safety concerns in urban settings as well. Why is high-speed connectivity essential in this case? As the car becomes a more tailored transportation method, it demands rapid data sharing and management, and as a result the mentioned innovations can’t be implemented without reliable connectivity. What are the latest connected vehicle innovation trends and how do they influence the automotive industry?
Vehicle diagnostic testing is essential to identify vehicle faults and notify drivers before it becomes a hazard. How does it work? Connected vehicles utilize smart sensors to continuously monitor fuel levels, tire pressure, engine health, and more. In addition, combining advanced analytics with this data provides critical insights into vehicle conditions and enables preventative maintenance. Moreover, telematics functions enabled by diagnostic sensors allow fleet operators to monitor all aspects of their vehicle fleets from a single point.
The developed solutions provide travelers with real-time road condition information in smart cities. Moreover, innovations in the internet of things (IoT) allow vehicles to communicate with a wider range of public infrastructure. Can the applications of vehicles-to-infrastructure go beyond traffic management? You’ll definitely be surprised to learn that they are able to assist with accident alerts and parking availability!
Vehicle-to-everything enables vehicles to communicate with other vehicles, infrastructure, and pedestrians. Thus, autonomous vehicles can improve their navigational performance while contributing to the overall road safety. However, the cost associated with the mentioned systems greatly impacts their adoption.
Connected cars use the internet in order to receive vehicle software updates, contact emergency services, connect with other devices and infrastructure, and more to be mentioned. These assets are especially of great advantage in areas with limited connectivity, such as tunnels and mountainous areas. However, the bandwidth and latency limits of conventional communication methods limit the performance of autonomous vehicles.
Technologies such as artificial intelligence (AI), digital and data analytics platforms, 5G, blockchain, cloud, and telematics are enabling intelligent functions in CVs. AI is used to perform the driver’s tasks, more so in autonomous cars. Digital platforms, 5G, and the cloud enable the seamless collection, sharing, and processing of massive data sets from various sources and in multiple formats. The application of blockchain will ensure data security. Properly analysed, the data gathered provides a better understanding of the entire vehicle ecosystem and helps build new products and services.
As we see, the opportunities for connected car markets are huge –from mobile mechanics to other client-centric mobile services. Real-time location information and trip history for connecting with friends and family anytime can be viewed from any device, which means real-time connectivity. However, there are lots of obstacles on the development path. Which ones and how to overcome them? Stay tuned to learn more! We are about to reveal very exciting news!