Technical Paper
Connected Vehicle Data – Prognostics and Monetization Opportunity
2023-10-31
2023-01-1685
In recent years, the automotive industry has seen an exponential increase in the replacement of mechanical components with electronic-controlled components or systems. engine, transmission, brake, exhaust gas recirculation (EGR), lighting, driver-assist technologies, etc. are all monitored and/or controlled electronically. Connected vehicles are increasingly being used by Original Equipment Manufacturers (OEMs) to collect and transmit vehicle data in real-time via the use of various sensors, actuators, and communication technologies. Vehicle telematics devices can collect and transmit data about the vehicle location, speed, fuel efficiency, State Of Charge (SOC), auxiliary battery voltage, emissions, performance, and more. This data is sent over to the cloud via cellular networks, where it can be processed and analyzed to improve their products and services by automotive companies and/or fleet management.