Vehicles are a core component of the Internet of Things (“IoT”). Together with the AI and other technologies, IoT is part of the Fourth Industrial Revolution.
Modern connected cars are equipped with sensors, software and communication technologies that enable them to exchange data with other vehicles, infrastructure, devices and the internet. With 5G connectivity and advanced data analytics, vehicles are evolving into mobile data hubs, making them essential nodes in the broader IoT system. And the integration of IoT in vehicles contributes, in particular, to the development of autonomous driving and smart cities.
As Global Data explains, “While sensors and connectivity are essential enablers for IoT, the real value that is derived from these processes comes from the data. In today’s automotive landscape, data has become a strategic asset … Data has moved from being a byproduct to a core driver of innovation, becoming essential for the progress of autonomous driving, connected cars and AI-enabled features.”...<<<Read More>>>....
