Connected Cars and the New Business Economy

Connected cars are not just changing the way we drive cars, but in-car tech, mobile GPS and new auto-specific mobile apps are already having a big impact on how companies and entire industries do business. In fact, the increasingly connected and fast- evolving transportation and human activity landscape is giving birth to new ways of living and doing business especially when it comes to entertainment, insurance, government interfacing and aftermarket applications. Let’s start with the insurance industry. Did you know on-board telematics are just starting to transform insurance companies? More and more, consumers are allowing their insurance company to track their vehicle via GPS-delivered data to monitor driving patterns, gather data and then spit out evaluations to save on monthly bills or advise drivers on how best to decrease their insurance costs.

Read More

Drive Like It’s 2025: Connected Cars Are the Norm and Your Commute is Unrecognizable

Connected Car (definition) — the presence of devices in an automobile that connect the devices to other devices within the car/vehicles and or devices, networks and services outside the car including other cars, home, office or infrastructure. It is 2025, and connected cars have been the norm for the past five years. Before being connected, I would get in my car and instantly get disconnected from the world. Today, my car alerts me and service personnel to vehicle issues, allowing appointments to be made in less time and with more information about what’s wrong with the vehicle. In addition, software fixes that might have been performed at a dealership now are initiated through the Internet.

Read More