Driving the connected car technology
With the introduction of the connected car in 1996, the connected car technology came into existence and from that time a new industry of connected car technology started and since then this industry is rapidly inventing itself from the inside out.
This industry market is influenced by both automotive OEMs who are developing this technology inhouse and third-party vendors.
There has been fierce competition between OEMs and third-party vendors who are developing this Connected car platform but that only going to help to advance an industry even further. With OEMs to concentrate on other aspects to develop in automobile third-party vendors who are only concentrating on the development of the connected car, applications are one-step ahead of OEMs. As a reason for this new automotive developers is highly inclined towards getting the Connected car platform from Vendors rather than developing it inhouse.
By strict definition Connected car includes vehicles with Internet connections. Product and services in mobility can broadly include application enablement, with thousands of 3rd party and aftermarket companies involved, the connected car ecosystem is a multifaceted industry.
The Connected car industry has bought a huge opportunity for mobile apps. Demand is growing for apps that interface with the vehicle’s automation and telematics system and are able to push data on uniform cloud-based connected car platform and enable connected car analytics.
Connected car technology brings together automotive advancements such as application enablement and car data analytics, self-driving automobiles. The connected car will spur innovation and growth among automotive and non-automotive industries alike. For companies willing to invest in the automotive industry of the future, payback could be huge
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