Here’s how IoT can transform the automotive industry

The automotive industry has always been the first to adopt new technologies. This is because the industry deals with high-priced products, and consumers often look for innovation when making purchases. The automotive industry is about mobility, and so is the Internet of Things (IoT). This blog represents how IoT connectivity can transform the Automotive domain.

How can IoT connectivity drive the automotive industry?

Any vehicle on the road is mobile, and a decade ago, there was no traceability, connection, insights, and guidance about these automotive products. IoT connectivity can change the way of driving, minimize traffic congestion, optimize fuel consumption, improve road safety, and establish traceability.

Here are some use cases of IoT/M2M devices working in the automotive domain:

  • IoT fleet management:

Manually managing a fleet of vehicles can be a tedious job as it used to require manual measurement and logging of weight, location, and timely arrival, among many other measures. Global SIM card IoT devices with the required sensors can allow ultimate traceability of fleets.

It can also share fuel statistics and route suggestions with hassle-free communication across different networks managed via an IoT connectivity management platform.

  • Smarter parking management with IoT:

Parking is an essential aspect of owning a vehicle. In concentrated areas of urban cities, it is often hard to lend a parking spot without roaming around. This challenge leads to traffic congestion and fuel consumption. With IoT connectivity, one can reserve a spot or they can find an empty one right from their phone.

  • IoT for predictive maintenance:

Predictive maintenance is another gift of IoT device monitoring and M2M communication. With the right sensors on the vehicle and an OBD device, manufacturers can gather the vehicle information like vibrations, temperatures, leakage, etc. that information can be analyzed to give customers predictions before any potential breakdowns can take place.

  • Connected cars:

Connected cars are another popular adoption of IoT as they can lead to full-autonomous cars with driving assistance systems. These cars would leverage the CV2X (cellular vehicle to everything) IoT network with M2M SIM cards to communicate with other vehicles, infrastructure, transport networks, and pedestrians.

  • Autonomous vehicle and telematics:

Other widespread IoT connectivity uses in the automotive industry include IoT-infused autonomous vehicles. This can help minimize the decision-making for drivers with automated braking, acceleration, warning, and driving instructions. The necessary data can be stored on the cloud, including any accidental footage for further use.

Similarly, Telematics with IoT connectivity can allow owners to get updates about their vehicles remotely. For example, it can share engine statistics, theft attempt alerts, and driving pattern reports.

The future of the automotive industry with IoT

A simple IoT SIM card can connect a vehicle to a network full of possibilities. This growing use of IoT in the automotive sector is proof that IoT can create more value down the road. Connect with Freeeway now to discuss how we can help you with your IoT connectivity needs!

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