5 Ways Automotive Industry is utilizing IoT Technology

5 ways automotive industry is utilizing  iot technology

5 Ways Automotive Industry is utilizing IoT Technology

The Internet of Things (IoT) is revamping several sectors, including the automotive industry. One must admit that connected devices are changing our lifestyle. Moving from the age of products to the age of service and experience, from functionality to information as a critical object of value creation, and from warehouses to intricately connected systems, the automotive industry is trying to expand its potential with IoT.

The Internet of Things, or IoT, refers to the many physical devices connected to the Internet worldwide, all of which collect and share data without human intervention. Car2Car connectivity and advanced fleet management are just a few examples of how IoT-based services transform the automotive age.

IoT connectivity, intelligent sensors and gadgets, edge computing, mobile apps, and cloud services will revolutionize how you communicate with and use your automobiles. The implementation of IoT applications in the automotive industry helps the design increase performance, reduce costs, and enable quality control.

So with that in mind, here are five ways IoT transforms the automotive industry and our roads:

Fleet Management
The fleet management system is the latest IoT application in the automotive industry that takes advantage of IoT and offers fleet operators a wide range of benefits over a lifetime. IoT automotive applications' primary service is to optimize maintenance and logistics to monitor driver performance and comply with environmental and safety regulations. In addition to tracking vehicles, monitoring fuel utilization, sharing driver health and performance statistics, sending idle alerts, preventive maintenance, and integrating a service condition monitoring solution, all IoT applications in fleet management are extended.

With reliable connectivity to cellular networks over various networks such as 2G, 3G, and 4G/LTE, IoT sensors installed in vehicles send signals and trigger warnings for low battery, coolant temperature, or engine maintenance. IoT solutions in the automotive industry enable the automation of the different mechanisms and scheduling trips in fleet management. Besides, this helps the fleet management sector gain more consumer satisfaction through on-time delivery and high service quality.

Predictive Maintenance
Combining big data, cloud computing, edge computing with sensors enables data collection and predictive technology analysis based on IoT connectivity tools to collect vehicle part performance data. It evaluates the risk of vehicle malfunction, transmits data over the cloud, and informs the user by reducing breakdowns and facilitating easy maintenance.

The primary features of Automotive IoT solutions for predictive maintenance are as follows:

● Identify any parts failures before the occurrence.
● Approximate the remaining useful life/possible repairs up to 75%.
● Measures performance data points such as temperature, speed, electrical system, navigational route

Infotainment In-Vehicle
Smart apps and mobile networks offer a broad range of infotainment services for vehicles, starting with car navigation, telematics, and entertainment. Precisely companies are working with as many car industries to manufacture IoT use cases such as in-vehicle infotainment. For example, Google Navigation Maps, Google Hands-free Help Assistant while driving, and Apple Carplay for high-end car infotainment. The vehicle is now available on the owner's phone or tablet, with the connected network authenticating the car to open, close the door, and self-start all vehicle infotainment expectations.

Autonomous Vehicles
Autonomous vehicles are a hot topic among car manufacturers. Several car manufacturers are looking to incorporate a fully autonomous car that assumes all drivers' driving functions. Although initiatives have been made in this area, a fully independent vehicle still needs to be developed.

However, semi-autonomous vehicles have been manufactured, which partially assist drivers with changing driving, braking, parking, and lane activities. IoT infused semi-autonomous cars take on-site decisions while controlling vehicle operations to avoid accidents and reduce the driver's load. Along with different proximity cameras and sensors, vehicles are integrated with IoT systems to minimize human error and make driving more pleasant and safe.

Smart Infrastructure
Cars are not the only part of the automotive industry to be part of the IoT technology. Roads and infrastructure are also linked to a standard system to enhance interaction.

Some of the benefits of smart cities and other IoT technology include:
● Traffic jams and the prevention of traffic jams
● Intelligent road lights
● Management of Smart Parking
● Network charging station for hybrid cars
● Proper management of energy
The introduction of the Internet of Things into the "smart city" infrastructure enables them to improve all road users' safety and increase municipality efficiency.

IoT is the DNA of the current era of the automotive industry. You've got your vehicle in your pocket for the moment. Also, Business Insider predicts that $267 billion will be spent on Automotive IoT use cases. Automotive is starting a new phase with IoT, and the 3G/4G/5G-powered Wi-Fi capability even opens up room for higher implementation. All autonomous vehicles can be expected soon. Automotive Industry is one of the trendsetters and customer-centric industries among manufacturing industries. The automotive sector’s technology trends account for changing consumer behavior, developing partnerships, and driving transformational change. Head over to Aximind’s automotive industry page to know in detail about the services we provide in the automotive sector, which will make your digital transformation journey as smooth as butter. Besides, vehicular telematics enables long-range data transmission that has contributed to developing an IoT-powered fleet management system.

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