...it is also 'Connected'.
This is Part I of my Connected Vehicle series.
Although Electric Vehicles (EVs) are making more news than Fuel Cell Technology, experts still find it hard to predict which one of the two would be the winner in future, or may be they would go hand in hand as two options (like petrol & diesel today)
This is Part I of my Connected Vehicle series.
Although Electric Vehicles (EVs) are making more news than Fuel Cell Technology, experts still find it hard to predict which one of the two would be the winner in future, or may be they would go hand in hand as two options (like petrol & diesel today)
But there is one technology which is sure shot going to be the winner - the technology of 'çonnected cars' OR 'connected vehicles' - no points for guessing why numerous non - auto brands are developing their own EV's - Apple, Google, Xiaomi, etc. They may either vertically integrate their EV's with their connected appliances or license out the software to existing partners/EV OEMs to offer seamless connectivity.
What is a connected vehicle?
A connected vehicle is a lot more than a wi-fi hotspot or a remote smartphone app through which it is connected to it's owner! It is in fact internet enabled and has variety of sensors, through which it is able to send and receive signals, sense the physical environment around it (V2I) and interacts with other vehicles (V2V) or entities (V2X).
How can one have access to connected vehicle technology?
Leading brands like Qualcomm, Tech Mahindra, Verizon, Google, Cisco offer solutions for in-car telematics and sell directly to auto component suppliers/OEMs. The package can be customized to need with a variety of applications as per requirement.
What are the benefits of connected vehicle technology?
Today's consumer is more digital and more connected than ever. Most premium and luxury car brands today offer infotainment systems that mirror one's smart phone on the infotainment touchscreen. Few also offer gesture and voice controls. This is the first level of connectivity. In future, through telematics, connected EVs would be able to generate enormous amount of data, that both consumers and industry would be able to use to their advantage.
McKinsey in it's report 'Creating value from car data' mentions 3 ways in which industry would be able to create value for itself & customers.
A connected vehicle is a lot more than a wi-fi hotspot or a remote smartphone app through which it is connected to it's owner! It is in fact internet enabled and has variety of sensors, through which it is able to send and receive signals, sense the physical environment around it (V2I) and interacts with other vehicles (V2V) or entities (V2X).
How can one have access to connected vehicle technology?
Leading brands like Qualcomm, Tech Mahindra, Verizon, Google, Cisco offer solutions for in-car telematics and sell directly to auto component suppliers/OEMs. The package can be customized to need with a variety of applications as per requirement.
What are the benefits of connected vehicle technology?
Today's consumer is more digital and more connected than ever. Most premium and luxury car brands today offer infotainment systems that mirror one's smart phone on the infotainment touchscreen. Few also offer gesture and voice controls. This is the first level of connectivity. In future, through telematics, connected EVs would be able to generate enormous amount of data, that both consumers and industry would be able to use to their advantage.
McKinsey in it's report 'Creating value from car data' mentions 3 ways in which industry would be able to create value for itself & customers.
Speed to market is a critical factor. A new car development cycle can typically take 7 years, but software iteration cycle is just months long and are often complex. According to a PWC report, established companies are looking to invest in, partner with or even acquire new startups that are emerging in the connected vehicle space.
In my next article (Part II) I will attempt to build future scenarios through examples, on how connected vehicle technology can truly make our drives a delight.
Feel free to leave your comments on how you think Connected vehicle technology can help us take a leap from how we drive today.
In my next article (Part II) I will attempt to build future scenarios through examples, on how connected vehicle technology can truly make our drives a delight.
Feel free to leave your comments on how you think Connected vehicle technology can help us take a leap from how we drive today.
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