In no other industry have M2M and IoT developed faster than in the automotive industry. This development is driven by multiple reasons such as increasing efficiency of business processes, new product features, closer relationships with customers, and facilitating new business models such as car sharing. Delivering on the IoT and M2M promise in the automotive industry are not only the car manufacturers, but also suppliers, who are often the forerunners of innovators.
The applications for M2M/IoT technology in the transportation segment:
- Fleet management
- In-vehicle infotainment
- Remote diagnostics and services
- Assistance systems
- Usage-based cost allocation
Manufacturers and suppliers are facing the following difficulties and requirements when developing applications for the transportation markets:
- Long lifespan
- Operations in harsh environments
- Traffic cost management
- Multi-national coverage
- Policy enforcement
- Split billing
Technological and commercial solutions
Application developer, car manufacturer and supplier can overcome the challenges they face by running their IoT/M2M application on an IoT connectivity platform.