' Big Money ' when IoT mate with the automotive industry

' Big Money ' when IoT mate with the automotive industry
All car manufacturers still produce, then the number of vehicles will continue to grow. The number of the hundreds of millions it became a potential ' money ' entry for the developers who make use of technology Internet Of Things. Connect between the Cloud to wireless Technology, smart chips, onboard computer, mobile apps, that will encourage new types of business models.

Connectivity for travel related to large data storage has become a necessity. In fact, the McKinsey & Company (2014) in its report stated that more than a quarter of car buyers say that internet connectivity is more important than features such as power engine and fuel efficiency. According to Gartner estimates, in the next five years, the number of cars that can exceed a quarter of a billion connected around the world.

Cloud connected car of the future here today – and grow in number. This is a trend driven largely by consumer demand. In 2014 the McKinsey report & Company, more than a quarter of car buyers say that internet connectivity is more important than features such as power engine and fuel efficiency. In the next five years, the number of cars that can exceed a quarter of a billion connected worldwide, according to Gartner estimates.

Is needed, not just speed in connectivity, but also stable. In indutsri own Automotive has begun venturing into nirkable 4 g connections are implemented in its newest production vehicles. Even already started there which makes it a standard. Especially for models to be produced in 2010.

The technology used is a combination of WiFi and IoT technology. Both these technologies pave the way to build applications that are needed by the driver or passenger. Such as navigation, realtime traffic info, parking information, streaming infotainment and telematics dashboard, smartphones and devices. Both with regard to health tracking and smart.

A New Source Of Income

Automotive industry associated with Big Data will shift our experience during the drive. Of course this will be a new experience, both for the car manufacturers, service providers as well as other related industries. The industry also include travel or tourism.

Revenue from the service car that already make use of this in the IoT technology five years ahead will reach $ 40 billion, as delivered by SNS Research a while ago. In fact, in the financial industry also included therein as guarantors of car loans with easy-to-perform flexible billing. Well in advance of payment, subscription or other payment schemes.

All the financial activities can be utilized by telecommunications companies as a network provider is able to add so IoT outposts of new revenue. The same thing can also be utilized by the application developer.

Services relating to industry otomotis this is already done by Ford through the Lexus EnForm and out of SYNC. Manufacturers already offer a range of additional services for its consumer-based Cloud. As Always – On Access, emergency service, Roadside Assistance, Teen-driver monitoring and advanced voice control.

The services provided in the subscription. That is, there is a regular income for the network provider or application developers. From the side of the customer, the service adds to the benefit and provide new experiences that really required when driving. The relationship between producers with consumers more closely, so that will make it easier when it will make a loyality program. And this relationship will become longer. Don't just buy it. There entertain towards consumers and, of course, his later if satisfied sales unit will occur when the new unit out.

Great Opportunities

Judging from the above example, then the Cloud-based automotive service berpontensi is huge. Much greater than when a new unit or a new type of a car brand is marketed. But don't get me wrong, the potential can also be cleared on a second vehicle.

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