Automotive – Connected Vehicles
The ability to connect vehicles is enabling a revolution around vehicle maintenance , safety , and consumer experience . Connected devices provide consumers a uniform experience as well as more rapid notification to events that could affect their commute .
4th – Notifying drivers and the dealer that a vehicle is in need of maintenance while automatically sending in diagnostic information to streamline diagnosis and repairs .
3rd – Giving consumers the ability to move preferences and experience between brands of cars .
2nd – Communicating between automotive manufacturers and suppliers about emerging product quality , safety and reliability issues for proactive resolution .
1st – Giving third parties the ability to seamlessly access authorized data so non-car related services can be created to enhance other aspects of the car owner ’ s life . With this data an entire ecosystem can grow around the data produced by cars to provide for better integration with mobile devices as well as better quality information available to members of the automotive supply chain .
Breaking Boundaries
IoT has rapidly grown through the adoption of connected devices , streaming data and improved consumer experiences . This growth has proven to reduce costs and increase revenues through incrementally improved product features and capabilities . But the real value ; the true halo effect of IoT monetization will be realized as organizations break boundaries , merging and integrating data across companies and providers that were once competitors or working in distinct markets . Both consumers and IoT providers will see tremendous advantages through new capabilities and financial benefits with the continued integration and availability of IoT data .
At CTP , many of our clients have an abundance of unused data . They realize the potential value , but they do not have the skills or expertise to take advantage of the IoT opportunity . If you are an enterprise manager , you too may be sitting on a gold mine of data that could open up entirely new areas for your company to collaborate with others and create innovative new products that could never have existed before .
54 | THE DOPPLER | WINTER 2017