MUNICH –Car data provide fertile ground for new automotive business opportunities, but industry experts say several issues need to be addressed to realize the new revenue that automotive companies hope will compensate them for an expected longer term decline in new car sales. Participants at a “Monetizing Car Data” conference hosted here by the German Read More..
Taking part in the research were 160 Ford Transit light commercial vehicles, driven and operated in different sectors and by different businesses, from owner-operators to large fleets, plus a fleet of private Fiesta superminis. Over the course of the year – and over 15,000 days of usage between them – these vehicles covered over one million Read More..
Geotab has built a software platform that provides fleet managers with information and analysis designed to improve all aspects of their operations. The Canadian telematics company, founded in 2000, offers software that can help improve safety, increase productivity and boost fuel efficiency. It provides its own hardware connector to vehicles’ OBD ports, but it is Read More..
The auto industry is currently undergoing a massive technology upheaval. Artificial intelligence (AI) provides an opportunity for automotive players to rethink everything. Some believe that AI is the key differentiator in the auto industry. But this is inaccurate. It’s not the AI, it’s the data that is the source of differentiation. NVIDIA CEO Jensen Huang Read More..
BMW has launched a new service designed to better manage the functions â€“ and business opportunities â€“ that are becoming available through car data. The service, which is called BMW CarData, allows customers to decide what data can be used for a particular purpose. For BMW, it provides opportunities to enter into a new range Read More..
Delphi is taking minority interests in two Israeli companies, as it moves to strengthen its connected-car related products and services. The US-based automotive supplier said it had signed a commercial partnership agreement with otonomo,Â a specialist in monetizing automotive data by way of a digital marketplace. The tie-upÂ will broaden the range of systems and services DelphiÂ can Read More..
Intel will spend an additional 250 million dlrs on automotive technology, as the US company targets a potential high-growth market for its core semiconductor business. In a keynote address at the opening of the Los Angeles auto show, Intel CEO Brian Krzanich highlighted changes in mobility and the coming of the internet of things (IOT) Read More..
Toyota has established a separate US-based company to handle global data management and data services development. The new unit, called Toyota Connected, will be the central data science resource for a wide range of new-mobility initiatives. Toyota Connectedâ€™s primary mission is to deliver seamless and contextual services and to use data analytics to support product Read More..
A US report published this week shows how connected cars may be vulnerable to hackers.The paper, based on answers to questions by 16 major car manufacturers, highlights growing concerns that networking cars with the world around them poses potential security risks. “The responses from the automobile manufacturers show a vehicle fleet that has fully adopted Read More..
The market for networked mobility products and services is set to almost quadruple between 2015 and 2020, but data securityÂ issues will become a big problem once more cars are connected, according to a new study. The study projects that the market for networked mobility will grow to 115.2 billion euros by 2020 from 31.87 billion Read More..