IoT & Automation industry: Smarter Vehicles
Automobile industry may not always be connected or conjoined with the Internet of Things (IoT). The reason being numerous automobile manufacturers are a fraction of a slow-moving sector that incorporates technology at a snails-pace when compared to other arenas. The automobile manufacturers may be right in doing so owing to massive liabilities to the general public and private industries. However, with the modernization of IoT in recent years, the automotive sector is unquestionably aligning with the technological inclination, promising safety, suitability, and customization to augment the daily lives of consumers.
Some of the possibilities that IoT provides for the automotive industry include inspection and security, analytics, real-time monitoring, insight management, emergency situations where it can save lives, maintenance data of the car and accepting market trends. As more automotive designers are beginning to execute IoT technology into their automobile designs, the face of the whole industry is altering. As per a study conducted by Business Insider, 82 percent of cars out of 94 million, are now connected to an IoT device, and these ‘smart cars’ are positioned to be shipped by the year 2021. IoT can help automation industry in numerous ways:
IoT is making it simpler to administer the product lifecycle by increasing the product speed and engineering timelines. The consequences are faster time-to-market and enhanced customer and product contentment. IoT helps decrease manufacturing costs by recognizing non-value driving components and eliminating these components from future vehicles. Futuristic design ideation chances contain applying machine learning to past product presentation data and using this information to expand the design and ideation procedure.
Today’s vehicles have created a massive need for ongoing software code management and service. Rationalized service enablement is the most popular scenario for IoT in the automotive after-market. IoT is enhancing customer satisfaction via aftermarket eminence guarantee and improvement, while also increasing profits from aftermarket services. IoT technology is making it simpler for manufacturers to not only follow product defects and preservation needs but also to converse proactively with consumers about these service updates and announcements.
Flexible and Lean:
Process automation utilizing IoT data and analytics is one of the most critical precedence development for manufacturers. Factors pushing auto manufacturers to accept a flexible, lean manufacturing approach comprises shorter time-to-market cycles, speedily changing requirements, highly multifaceted products, and processes, and growing material considerations around light-weighting and 3D printing. IoT is enabling this adoption with real-time scheduling to meet varying demand and well-organized, flexible manufacturing processes—including material optimization.
Apps for Vehicles:
Automakers are now working hand-in-hand with application developers to create a transformative approach in the automotive industry. From applications that can predict traffic patterns in real-time to navigation systems that can evade accidents based on the conversation between vehicles.
IoT can also monitor driver habits, and third-party insurance firms can access this data can get more close on the driver. This information comprises metrics as the time of the day when the vehicle is being driven, and the expanse traveled speeding and braking habits. With this type of data, insurance companies can base their premiums off of the driver’s. And with this great implementation of IoT, even automobiles will soon encompass their internet Wi-Fi or 4G hotspot. This ability for cars to provide as a connection to the Internet is essential. Car manufacturers are captivating this feature and may soon roll out vehicles that will offer these kinds of functionality. Of course, for this to work, people will need to become accustomed to their ways of communicating with these new smart vehicles, such as the need for an M2M SIM card.