What comes to mind when you think of the term ‘connected car’?
Perhaps some sort of futuristic Google-enabled vehicle with a voice assistant and camera that can park itself. Although that sounds like something straight out of a sci-fi movie, it is not too far from the truth. The automotive industry has gone through a digital transformation in recent years with the help of Internet of Things (IoT) solutions.
In today’s digital world, a connected car is defined as any vehicle that has the ability to exchange data with other devices via a wireless network. Connected cars are also known as smart cars, Internet of Things (IoT) vehicles, or connected autonomous vehicles (CAVs). A connected car can assist a wide range of potentially useful functions, including pre-collision warning systems, automatic braking, lane departure warning systems, and adaptive lighting.
With the growth of IoT in the automotive industry and the rapid adoption of cloud computing and big data analytics, the market for connected autos is expected to grow significantly in the coming years. Approximately, 163 million active IoT connections will exist in vehicles by 2025. This will bring with it a host of new challenges for car manufacturers, who will have to design vehicles that are more intuitive and responsive to their drivers’ needs.
Smart cars are equipped with numerous sensors monitoring various engine functions and detecting dangerous situations such as skidding or a slippery surface. Some of these technologies have already been introduced on some production cars while others are still in testing phases but we expect them to hit the roads soon. Wi-fi hotspots and high-speed internet connections are not uncommon in cars in today’s connected world. With this technology, the car can stream music and video directly from the internet.
Which automakers are driving this connected car revolution?
In spite of the lack of a clear winner, a few companies are leading the way. Among 200 automotive executives surveyed by KPMG, BMW is the champion. Other companies on the list include General Motors, Toyota, Nissan, and Tesla.
Among the most well-known names in the automobile industry, Tesla Motors has made use of IoT to improve the efficiency and functionality of its connected vehicles. With Tesla cars, you can set the temperature and schedule service appointments remotely. Autopilot driver assistance is also available on Tesla cars via the internet. With the driver’s input, it can navigate roads between set waypoints. As a result of these IoT systems, a large amount of data is collected about navigation, traffic, and roads. In order for the car to drive itself, its computer systems analyze this data. With the Internet of Things in Tesla cars, the company can customize its services to suit its customers’ needs .As well as responding in real-time to unforeseen events, they can also predict them in advance. The company is able to optimize its vehicles’ performance using the data collected from these cars.
A number of tech giants, including Alphabet, Apple, Amazon, and others, have invested considerable resources in connected cars.
The world is changing rapidly and so is the way we travel. No longer are we bound by the restraints of time and space. We can now go anywhere we want, whenever we want and thanks to the internet, we can even work while we’re in transit. This new era of travel has been made possible by the internet of things (IoT), which is revolutionizing the way we live and work. Connected devices are changing the way we interact with the world around us and opening up new possibilities for businesses and consumers alike. IoT sensors are being used in a variety of industries to collect data and improve efficiency.
