Over the last decade, the discussion about connected car technology has taken a complete change. We are no longer talking so much about how innovation will change the car industry, but, or maybe, how connected cars will transform other businesses.
In this article, we will look at the various businesses that are changing the way they do business because of the connected car data, or that soon will be. The different use cases of vehicle data such as Location Intelligence, Mapping & Planning, Energy Distribution, etc. empower Automotive OEM to upgrade safety & security highlights and the cost diminishments within the vehicle. Some of the industries that envisage a business model change are detailed below:
Insurance Industry
Good drivers pay lower insurance premiums in comparison to hasty drivers. Insurance extortion and risk can moreover be recognized precisely due to advance car sensors and information analysis systems. Car mishaps are instantly made mindful to insurers, together with video information of mishap and extent of harm automating the claim & settlement process.
Mobility as a Service (MaaS) and Future of Transportation
MaaS can help communities diminish the number of vehicles in operation by expanding the effectiveness of use. Instead of each person depending on an individual vehicle, MaaS advances the use of shared and open transportation services. It helps diminish traffic congestion and contamination produced by vehicles. It can moreover help communities recover space already dedicated to parking slots.
As the accessibility of mobility services increases, shared and open modes of transportation will end up becoming increasingly convenient and productive. This change dispenses with the two most prominent boundaries for many travelers and will empower numerous to begin adopting these services with more noteworthy recurrence.
When devices are made promptly accessible and can effortlessly be leased or returned, travelers use radically increments. This same rule applies to transportation of all kinds.
Thus, with numerous use cases of connected cars, we can say the connected cars will bring a smart lifestyle. Airlinq mobility platform empowers Automotive OEMs to offer infotainment, security, and utility administrations inside the vehicle for modern streams of digital revenues and improving the client experience.
Automotive OEMs can make a branded storefront facilitating a personalized, custom-fitted ecosystem of in-house or third-party applications and services.
Smart Parking
Finding a space when and where we require it can be more upsetting than arranging rush hour activity. Fortunately, connected car innovation offers a smart solution as Smart Parking.
To know more, please visit: https://www.airlinq.com/automotive-industry/
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