The transition to Industry 4.0, on one hand, and the Covid19 pandemic on the other, led multinationals and small and medium enterprises to redefine the logic and the process behind their companies and to adapt to make the best out of these new scenarios.
In particular, the fields of mobility and telematics (for a detailed analysis of these two fields, please, check our other article Greenvulcano Technologies and the digital transformation of the telematics industry) which dramatically plunged during 2020, are now experiencing a progressive reprise, driven by the increasing spread of electric cars and of those connected to the web (connected cars). According to the estimates of ABI Research, these latter’s sales are increasing at a 20% rate, thanks to the introduction of new technological solutions such as artificial intelligence (AI), 5G and augmented reality.
Moreover, according to a study published by TechNavio, we can see how the field of mobility, or Mobility-as-a-Service, could reach 235 billion dollars within 2025 in the whole world, with a +29% growth starting from 2021.
Connected vehicles: what are they, what are the technologies and applications
As stated by Marco D’Ambrosio, Head of Business Development at GreenVulcano:
«It’s already been ten years that vehicles connected to the telematics service providers’ technological infrastructure benefit from a wide range of services - enabled by GPRS and 4G connectivity. Some of these can be used directly by passengers and drivers, such as information services on traffic, navigation systems and scoring systems for the driver’s behavior. Others, such as fleet optimization and management or the use, maintenance and efficiency of vehicles, are managed mainly by the car manufacturers or the telematics service providers.»
One of the current trends among car manufacturers is to integrate - with prior consent of the user - telematics devices with built-in on-board Internet connectivity for the new models, so as to monitor and process detailed information regarding the same vehicle, GPS data, on-board diagnostics and OEM specifications - OEM standing for Original Equipment Manufacturer. Such information is then visualized through an online fleet management platform that allows for the extrapolation of relevant and valuable data for providers of insurance companies.
Moreover, D’Ambrosio added:
«In the next five years we’ll witness a revolution, a technological jump that will change the entire paradigm of the connected car - thanks to 5G that will massively introduce the market to Advanced Driver-Assistance Systems (ADAS). These are indeed already present on newer generations of cars, although they are still at an embryonic stage.»
The introduction of 5G, indeed, will allow us to improve performance, speed and reliability of Internet connectivity in the mobility industry and to transfer large amounts of data in a dramatically shorter time than 4G.
What is the role of GreenVulcano Technologies in all this?
The role of GreenVulcano Technologies
GreenVulcano has always paid attention to the tech evolutions that concern the field of mobility. Thanks to its 20-year experience and the many collaborations with leader companies in the field, its goal is to develop the most efficient and effective solutions for services concerning:
- Fleet Management
- Remote diagnostics
- Anti-theft solution
- Crash reconstruction
- Geofencing and Curfew
- Pay per use
- Insurance Telematics
- UBI programs (driver’s behavior: pay as you drive)
«The new paradigm we’re foreseeing for the next few years will be vehicle-to-vehicle (V2V) and vehicle-to-connected-object (V2CO). This means that our cities will be swarmed with monitoring sensors for constant monitoring of the environmental conditions that might affect driving. Just think of a smart camera that identifies a hole on the road or the presence of an accident or, even, a pedestrian crossing and then shares this information in real-time with the cars driving in that direction. Information gathered in this way, then, triggers Advanced Driver-Assistance Systems (ADAS) that can warn and assist the drivers in critical situations.» - D’Ambrosio concluded.
The participation of the Group at the OCTO Connected FORUM
«Connected mobility, hence, represents a revolution destined to leave a deep mark not only on our way to employ cars and transportation means but also, more broadly, on our lifestyles.» - as argued by Nicola Veratelli, CEO of OCTO Group and promoter of the OCTO Connected FORUM, an event on connected mobility occurring on September 17th.
The event will include all the key stakeholders in the field, in order to spark a debate and to confront each other on the priorities to face to enhance competitiveness and achieve the success of Smart Mobility in Italy.
GreenVulcano’s Telematics Business Division will be there too, as a technical supplier, at the FORUM organized by OCTO Telematics together with The European House Ambrosetti. What will be the topics of discussion? Among the most relevant, the participants will talk about vehicle and fleet management, drivers’ experiences, and smart infrastructure.
What are you waiting for? Come find us at the OCTO Connected FORUM and visit our website to learn more about solutions applied to the field of mobility.