Pareteum for the Automobile Industry
The automobile industry is one of the biggest manufacturing industries in the world. With an estimated one billion motor vehicles in use globally, including more than 260 million highway registered vehicles in the United States, it also happens to be highly competitive. So, to differentiate their fleets, many manufacturers are turning to the Internet of Things (IoT), Internet of Vehicles (IoV), Vehicle to Vehicle (V2V) connectivity, and Vehicle to Cloud (V2C) connectivity.
28.5 million connected cars with embedded telematics were sold in 2019 (Statista)
$166 billion is the anticipated value of the connected vehicle market by 2025 (Markets and Markets)
86% of fleets now use telematics, up from 48% just two years ago (Teletrac Navman)
The Internet of Vehicles (IoV) Keeps Your Fleet on the Cutting Edge
There’s no mystery here. Internet of Vehicles and connected vehicle solutions provide near-limitless potential for improving driver experiences, safety, fuel consumption, and lifetime value by enabling manufacturers to:
- Improve telematics, preventative maintenance, accident prevention, and infotainment systems.
- Bolster emergency on-call services and enable other in-vehicle concierge services.
- Facilitate remote or Over-The-Air (OTA) software updates across their entire fleet of connected vehicles.
- Capture and share actionable diagnostics and track driver behavior.
- Create new revenue opportunities with location services, value-added services, and direct, affiliate, and affinity marketing.
Introducing the Pareteum IoT Platform
To help you harness the potential of IoV, Pareteum offers a comprehensive IoT platform capable of keeping your vehicles connected while simultaneously enabling streamlined IoT management.
How Can Automobile Manufacturers Leverage Pareteum?
Keep Drivers and Vehicles Connected No Matter What
Automatically Connect to Global Wi-Fi
Facilitate automatic connections to in-home, dealership, and partner Wi-Fi networks. Enable vehicles and the devices they’re paired with to share network configurations via mobile apps.Facilitate Over-The-Air (OTA) Updates
Paired devices can download secure OTA images while the vehicle owner is at home, work, or the local café, then connect to the car and push the update to the vehicle the next time the driver turns on the infotainment system.Download Digital Content
Give drivers and vehicles the ability to manually or automatically download music, podcasts, audiobooks, movies, and other digital content. This can also be done by proxy via user devices.Improve Driver Experiences and Boost Lifetime Value
Create Driver Profiles
Enable drivers to upload their personal settings to loaners, rentals, and other vehicles. With a QR code, individuals can be given the ability to unlock an associated vehicle and upload their radio pre-sets, recent destinations, Bluetooth pairing, etc. This can be managed via the manufacturer’s branded mobile app.Enable Easy Maintenance Scheduling
Schedule maintenance directly from a vehicle or with a mobile app. Mechanics will then be alerted when the vehicle is approaching and receive information about the car (model, year, mileage, past repairs, etc.), as well as the reason for the visit. Mechanics can use the infotainment system to send repair updates to the vehicle owner.Offer Concierge Services
On-demand services are a great way to differentiate your fleet. Mobile and connectivity technologies enable near-limitless on-call services, including roadside assistance, fuelling, charging, maintenance, and cleaning offerings. Connected vehicles can also act as digital wallets and receive in-vehicle deliveries.Access Actionable Insights
Analyze Diagnostics and Driver Behavior
Gain insight into metrics such as average speed, average or anticipated fuel consumption, air conditioner usage, popular locations, restaurants, gas stations, etc. Uploading this information via Wi-Fi helps generate cost savings.Partner Marketing
Determine where vehicles are going and leverage Wi-Fi SSIDs to figure out which restaurants, stores, and other locations drivers visit after parking. Launch geotargeted A2P messaging campaigns in partnership with other brands based on driver preferences.Related News
March 17, 2022