Thursday, August 29, 2013

How our future cars will be like?

The present day car is full of sensors, controllers and electronic control units. The user interface includes, for instance, instrument panel, on-board diagnostics, user controls and settings and in car entertainment systems. Once you are inside the car you are in a different world. What once felt more like a couch, which was accidentally equipped with a steering wheel and pedals, now looks more like an airplane cockpit. Everything is interconnected in our world of devices and gadgets, the car seems to have been unfortunately left out. The only time when detailed vehicle data can be accessed is when it visits the workshop.

This presents a unique opportunity for manufacturers to start connecting car to the internet. This will enable capturing real-time data on car usage and performance. The Big data can be mined to provide insights into cars performance and customer behaviors. Manufacturers may find the costs of connecting the cars prohibitive, but the benefits do make a strong argument in favor. Some premium manufacturers are already offering online connection packages as extra for their cars.

Connected cars: Real-time access of vehicle data can revolutionize the mobility for passengers. The experience of moving from one place to another can be improved in a connected car. The cars performance can be customized based on the route chosen to travel. The suspension, the power, the steering, the transmission, the tyre etc. can be optimized based on real-time data of the location of the car, weather and the type of road. The goal of such optimization can be to improve comfort, performance or fuel economy.

The user driving habits can be mapped on real-time and necessary advice on improving the driving can be suggested. This driving data can be analyzed to predict life of various components or time to go for repair. It can be used to predict failures and provide alerts on possible breakdowns.

Cars can be connected to share information to each other while on road. This communication between cars can share information like if brakes are being pressed, if a driver has fallen asleep, if car tyres are slipping or skidding or if the cars are too close to each other. Data from other cars can be used to predict behavior of other cars or drivers on the road.

Customized cars: Such real-time data can be used for analysis to find trends and insights into driver preferences and habits. This data on the interaction between the driver and the car can be used to design and optimize various features and components of the car. A feature seldom used may be removed and a component used more frequently may be improved for performance and reliability.

Past history of driving habits and preferences of a customer could be used to develop a car customized to match person’s needs. The data on habits may also help, for instance, to optimize gasoline consumption by choosing the right engine as well as personalized engine management. Such a customized and optimized car would deliver more value for customer and also lead to lower costs to manufacturer but eliminating features or equipment not desired by the customer.

Safety: Historical data on driving habits can be used to predict accidents, areas prone to accidents, conditions leading to accidents or possible errors a user can make while driving. Real-time information on road conditions, weather and accident history can also significantly improve road safety. Driving will become a lot safer. Car insurance rates could be more accurately determined with driving behavior and history of the customer. Another benefit of safer road travel will make the host of safety equipment like anti-lock braking systems, electronic brake force distribution, electronic stability programs and airbags etc may become redundant, making cars a lot cheaper.

Know more: The locations were the car is parked can provide further insight into customer’s life. This data can be a gold mine for marketers. This information can be used to position various kinds of products like hotels, holiday trips, shopping malls, lifestyle products or services etc. Some may find it intrusive to their privacy. But location data can be used to enhance driving experience. Customers profile and historical preferences can be used to suggest thing that a customer may find interesting on route.

Manufacturers who collect and have therefore access to such data will be in a superior position compared to those who don’t. The intimate knowledge about its customers with the help of big data can help manufacturers to build a stronger relationship with customers by delivering value desired by the customer and exceeding customer expectations by accurately predicting their behavior.
    

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