The automotive industry is shifting its attention away from infotainment to focus on transformative technologies that will enable the Mobility as a Service paradigm to spring to life. Third-party platforms like CarPlay and Android Auto increasingly dominate the industry as it explores the benefits of ADAS, V2X, 5G connectivity, AI, AR, driverless vehicles, electrification, and IoT. And the future starts now, with the new car and ride sharing economy already evolving to take Uberization to the next level with driverless taxis and multimodal transportation. In the shorter term, car-to-cloud vehicle sensor data crowdsourcing for traffic, parking, weather and map services and cloud-to-car Over the Air Updates for life cycle and cyber security management are critical focus areas. Commercial vehicle technology is evolving from aftermarket fleet telematics to embedded connectivity, active safety and ADAS, platooning and ultimately autonomous trucks.
Advances in telematics, ECUs and numerous ADAS features are facilitating growth in vehicle health management systems including prognostics and repair management. These enable over the air (OTA) lifecycle management, customer satisfaction, and loyalty as well as reduced costs for the OEMS. Prognostics monitor and predict anticipated performance of a component in real time by estimating the degree of deviation of a component from its expected norm.
The automotive and commercial vehicle industries are moving from merely corrective, manual repairs to predictive and preventable occurrences. The transformation also presents an opportunity for OEMs to harvest valuable data from the cars and drivers. The value will increase as vehicle diagnostics move from tires and engines into a full spectrum of connected components and extend to a vehicle in motion and processed in real time.