Telco and the automotive industry designing smart cars together

Telecommunications companies and car manufacturers are ready to conceive new synergies to fully develop the connected vehicle industry; a promising market.

In the hyper-connected future cars will also be smart

Smart cities, made up of smart homes, where the cars on the roads are just as smart. According to experts, in a not too distant future nothing will be left to chance; nothing will be “disconnected”. Specifically, with regard to the automotive industry, we can expect a boom in vehicles equipped with connectivity systems: in 2020 there will be an estimated 250 million in circulation. According to the RCRWireless report, by 2024 approximately 89% of cars sold worldwide will have a wireless connectivity system. For telecommunications companies and car manufacturers, the Internet of Things will therefore be a true gold mine, and these two worlds will be called upon to interact, to take advantage of each other’s strengths and to address weaknesses by conceiving common strategies.

Cars which are safe and “fun”

The main requirements that potential customers expect to be met in the coming years, in terms of connected cars, are those related to security, with the possibility of having an entire series of instruments, ranging from emergency braking systems to assistance in case of accident and diagnosis of mechanical problems. Furthermore, according to a Frost&Sullivan study, thanks to the diffusion of connected cars it is possible to estimate a reduction of up to 30% in collisions. Then of course there is a whole new area of business focused on “entertainment” instruments and those which facilitate driving and journeys, such as manoeuvring functions and automatic parking, or data collection and processing for choosing the best route or seeing the weather conditions that will be encountered along the way. One of the features that telecommunications companies and car manufacturers are focusing on is an integrated Sim, an innovation that would greatly improve reception of the wireless signal transmitted from the car, ensure better 3g or 4g coverage, and even turn the vehicle into a WiFi Hotspot.