Firms that implement Internet of Things (IoT) technology into their businesses and manufacture products and equipment within the realm of this technology are known as smart vehicle technology companies. Other terms for them are automotive IoT and connected automobile companies.
It’s safe to say that the automotive sector has become firmly integrated into the Internet of Things (IoT). As more and more companies within the automotive IoT sector seek to give their customers a safer and more comfortable driving experience, competition within the industry has intensified as a result of all of the new goods and services being manufactured and supplied by automotive IoT providers.
Transported back in time: a history of IoT in the automotive sector
Believe it or not, some of the systems used more than a century ago were the forerunners of today’s self-driving automobiles. More recently, Carnegie Mellon University introduced the first self-driving car models in 1984. Another autonomous car model was created in 1987 as part of a Bundeswehr University and Mercedes-Benz study. Following the introduction of these two driverless vehicles, the automotive industry became decidedly competitive. Today, many businesses have incorporated IoT into their automotive operations. Below, we’ll take a look at some of the best in the business.
1. NXP Semiconductors
NXP Semiconductors develops semiconductors and software for applications such as consumer electronics, in-car entertainment, mobile communications, security, and networking. Within the automotive industry, specifically, the company sells driver assistance transceivers, microcontrollers, media and audio, sensors, in-vehicle networks, microcontrollers and processors, safety and power management, and smart power drivers.
With personnel in more than 30 countries, NXP has established itself in Europe, Latin America, North America, Asia-Pacific, Africa, and the Middle East.
CONTUS focuses on developing a connected vehicle environment by providing infrared-free solutions such as vehicle-to-vehicle, vehicle-to-infrastructure, vehicle-to-pedestrian, and vehicle-to-network IoT network structures.
Through scalable technology that includes everything from car monitoring and infotainment to predictive maintenance and safety, CONTUS enables autonomous driving. The company also offers a seamless smartphone-to-vehicle interface, which creates a concentrated point of contact in the palm of one’s hand. Needless to say, CONTUS’ solutions not only lower operating expenses but also ensure increased efficiency across the board.
AT&T’s operations seem to have a hand in virtually all communication-related sectors. Some of their products include:
- Satellite television
- Fixed-line telephony
- Telephone services
- Mobile telephony
- Internet services
- Digital television
- Network security
- Home security
- Film production
- Cable television
- Television production
- Pay television
- Sports management
- Video games
AT&T plays an active role in the automotive sector through a number of its segments, including Communications (which comprises Mobility, Business Wireline and Entertainment), Latin America, WarnerMedia, and Corporate.
IBM’s automotive IoT solutions are AI-enabled throughout their entire life cycle. Specifically, IBM offers Enterprise Asset Management and Systems Engineering services, the latter of which focuses on continuous engineering, which helps to outfit autos with futuristic technologies in order to increase efficiency.
Alternatively, Enterprise Asset Management, focuses on cost reduction and asset maintenance, which help existing fleets save money on maintenance, optimize operations and extend their life. Preventive maintenance is also possible with AI-assisted optimization, which means less downtime.
TomTom is an automotive company renowned for providing devices, navigation software, digital maps, real-time traffic information and APIs enable smart mobility across the globe. TomTom’s driving mission is to make roads safer, drives easier and air cleaner.
Aeris is a pioneer in end-to-end vehicle technology. The company – which has developed and deployed programs for automotive giants including Mitsubishi and Volkswagen – offers a Mobility Suite aimed at automakers who want to quickly set up scalable, multi-regional car programs.
AI and machine learning are used in the Aeris services platform to make intelligent recommendations based on real-time vehicle data. The application platform uses a subscription-based model to deliver tools and upgrades.
7. Tata Communications
The Tata Intelligent Connected Vehicle Platform makes it easy to monitor connectivity across several network providers, ensuring smooth data collecting. It also ensures great intelligence application for the highest levels of data-driven connection at low prices.
The platform connects 600 mobile networks in 200 countries through a single integration. The company believes that all vehicles should be seamlessly linked to the internet.
IoT paves the way for evolving and enhanced automotive systems
The Internet of Things has opened up new opportunities for both car makers and buyers all over the world, enabling multi-purpose applications within the automobile sector. From connected cars to automated transportation systems, it’s safe to say that IoT is helping to steer the automotive sector.