Telematics to bring about a revolutionary transformation in the auto industry, IoT integrated platforms to mitigate road safety concerns
Category: #world  By Shikha Sinha  Date: 2017-06-05
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Telematics to bring about a revolutionary transformation in the auto industry, IoT integrated platforms to mitigate road safety concerns

A recent report debating on the subject of road and driver safety has apparently shed light on a concept that could possibly play a huge role in enhancing the safety of roads. Telematics, the superior brain child of information technology that deals with the transmission of computerized data has been found to help allay the fears concerning driver and road safety, as automotive electronic systems embedded with connected technology and telematics are guaranteed to provide an elevated level of safety, making road travel convenient and secure.

Telematics, until a very long time, had been deployed only to detect and monitor performance flaws in automobiles to meet the demands for wireless connectivity. With road security becoming a major concern however, automakers across the globe have shifted their preferences toward emergency response system models. The European Union, for instance, has enforced norms regarding the sale of automobiles. As per these norms, every vehicle that has received the seal of approval to be sold across the continent will need to be embedded with the ability to make an automated call to emergency services in the event of an accident. The deployment of telematics apparently, will aim to achieve such value-added services in vehicles, thereby changing the dynamics of the global automotive market.

The latest trend in the automotive landscape is that of connected vehicles that are redefining user driving experience. IoT enabled technologies have been supporting automakers to deliver this kind of seamless experience to consumers. Telematics, when deployed in automobiles, will help accumulate information about the vehicle, the journey, location, driver, etc., and build an information database for personalized services. It will also help track vehicles, offer better customer service, monitor passenger location, and warn drivers in the event of a possible mishap. Industry experts have predicted that the factors such as reduced connectivity costs, strict safety regulations, increased technology penetration, and high focus on driver & passenger safety will also impel the growth of global telematics control unit (TCU) market over the next few years.

Automakers have reportedly been trying to come up with unique ways of integrating telematics in their vehicles and delivering optimum safety. For the same reason, analysts affirm that telematics will also transform the outlook of the global automotive usage-based insurance market, as it will provide data for better risk assessment and offer new growth opportunities for auto insurance companies to come up with improvised insurance models.

In the ensuring years, say experts, telematics will have a significant role to play in transforming the dynamics of the automotive sector, as the field offers the creation of a highly intelligent and connected traffic management system that will ensure real-time positioning, automobile diagnostics data, live traffic update provisions, efficient parking management, vehicle tracking, stolen automobile recovery, and electronic toll system installations.



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Shikha Sinha

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Shikha Sinha

Shikha currently manages content operations for a series of news and business portals including MSF, Algosonline, and the like. An electrical & electronics engineer by education, she has prior experience in content & technology writing, content marketing, market resea...

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