telematics

5 Connected Car Business Opportunities for 2018 As the auto industry transitions into the age of Internet-connected vehicles, both challenges and opportunities await automakers and the plethora of technology providers that will help them along the journey. The new automotive revolution will drive connected car business development for years to come. Connected Car Market Size Connected vehicles are filling dealer lots at an increasing rate. Industry experts predict a quarter billion of them will be on the road by 2020,... [Lire la suite]

What is Connected Car Insurance? | Insurance Telematics What is Connected Car Insurance?  Connected car insurance is a technology-driven automobile insurance leveraging the Internet of Things (IoT) whereby insurance premiums are dependent on driver behavior. Connected car insurance programs are intended to reward and promote safer and smarter driving behavior, while enabling auto insurance customers to receive potential discounts and savings to their monthly premiums based on individual driving patterns calculated by their... [Lire la suite]

Telematics and ADAS: Ready for take off Susan Kuchinskas explores why the market for advanced driver assistance systems (ADAS) may finally be ready for prime time. Drivers don't necessarily know how to drive. The 1.2 million annual traffic accident deaths each year attest to that. Advanced driver assistance systems (ADAS), which can help prevent injury, death, and property damage, are already available. But now the time may be ripe for them to take off. The most common ADAS technologies are lane departure warning and/or... [Lire la suite]

Telematics Lays the Foundation for Autonomous Trucking Current trucking technology such as telematics and fleet management solutions are key factors in the autonomous trucking revolution that could reshape the logistics industry. Industry analysts IHS Automotive estimate that sales of autonomous vehicles could reach 60,000 per year by 2035, or about 15 percent of Class 8-weight segment sales, according to a report from the American Transportation Research Institute. However, that does not take into account... [Lire la suite]

LG Electronics (LG) is partnering with HERE Technologies (HERE), a global provider of digital mapping and location services, to offer a next-generation telematics solution for autonomous vehicles. The solution combines LG’s advanced telematics technology with high-precision map data and location services powered by the HERE Open Location Platform. Through their planned collaboration, the companies aim to support automakers globally with a robust and secure data communications hub for highly automated and fully autonomous cars. ... [Lire la suite]

ADAS is steering us towards driverless vehicles Consumers are getting used to assisted driving systems and will soon want full autonomous features, says Andrew Miller chief technical officer with Thatcham Research. [Auto.Myles.2016.02.01] Q: Why has ADAS technology suddenly taken off in the automotive industry? “The main driver is that new technology, vis-à-vis computing power and sensor technology, has enabled this sector to grow over the last 10-15 years. In turn this presents a new market possibility for... [Lire la suite]

Combining state-of-the-art IVI systems, Telematics, and ADAS to drive innovation in the connected car The Automotive industry is fast drifting to newer segments with consumers expecting a greater range of connected services and enhanced driving experiences. The long-awaited realization of widespread vehicle connectivity brings various challenges such as: Design & implementation of a proprietary IVI Growing ECUs causing cost/efficiency challenges Revenue with mobility services Unavailability of test scenarios for ADAS... [Lire la suite]

Advanced Driver Assistance Systems + Telematics = Improved Driver Safety Imagine being able to warn drivers of upcoming dangers on the road before they arise, all the while capturing this data to inform a broader driver monitoring and improvement program. What was once a futuristic idea is now reality thanks to the convergence of Advanced Driver Assistance Systems (ADAS) and telematics. ADAS were designed to supplement a driver’s ability to operate their vehicle safely on a day-to-day basis.  Typically an ADAS system will use... [Lire la suite]

The New Auto Insurance Ecosystem: Telematics, Mobility and the Connected Car With the increased use of mobile communications, the stage is set for property and casualty insurers to develop more meaningful and mutually beneficial relationships with policyholders. Nowhere is this more clear than in auto/motor insurance, where advances in machine-to-machine (M2M) communication, or telematics, are rippling across the marketplace, generating data to more precisely assess risk and reward for policyholders who adhere to safe driving... [Lire la suite]

The Future Trends of Usage Based Insurance and Telematics 3 Reasons Usage Based Insurance is Driving Global Telematics Market Growth It’s not hard to understand and forecast why usage based insurance (UBI) — otherwise known as behaviour-based insurance or pay-as-you-drive (PAYD) — is becoming popular among North American drivers and rest of the world. With improved governmental regulations and technology market penetration the industry estimates the automotive telematics market is expected to grow at a CAGR of 23 –... [Lire la suite]