Winning Points of IoT in the Automotive Industry

The Internet of Things technology has proved to be effective for other industrial IoT applications. The use of industrial IoT services can reduce operating costs, improve equipment reliability, and allow for predictive maintenance. In the automotive business, these benefits are huge as they can result in billions of dollars saved for automotive manufacturing companies in the not-too-distant future. So, there is an extensive list of benefits of IoT in automotive industry, which we are going to share with you.

Predictive Analytics

Using machine learning algorithms and IoT technologies, predictive analytics can make vehicles more efficient by identifying patterns in data. This can improve transportation and driving functions such as braking, steering, and fuel consumption. IoT applications in automotive industry also improve quality management by detecting quality issues and proactively addressing them. IoT and automotive industry is a tandem that can help prevent car recalls and improve customer satisfaction giving them more control over their vehicle. Predictive analytics based on industrial IoT platforms is already being used by global market leaders in various fields, so the automotive sector should consider implementing IoT industrial solutions as soon as possible.

Besides, predictive analytics is an important component of predictive maintenance. It can help automakers make their vehicles more efficient by analyzing the data they collect from their customers. It can also help them optimize the software upgrades in their vehicles, which are responsible for remote control, infotainment systems, Bluetooth connectivity, and other “electronics”. Automakers already can automatically update software without the need to manually start it. Similarly, future vehicles will be able to generate multiple data points every second. This data can include driving habits, policy violations, and the overall health of the car, which then can be used for the improved car owners’ experience and simplify case resolutions in event of car accidents. With predictive analytics, it is possible to identify potential problems and optimize the safety features of a connected car.

Predictive Maintenance

Predictive maintenance is a way to ensure that vehicles remain in top condition regardless of the date of their manufacture. Top industrial IoT companies help to build next-generation vehicles, which can predict when a particular component will fail, so owners have time to prepare and prevent downtime and costly repairs. Industrial IoT solutions can be applied to individual vehicles as well as to entire fleet management.

Predictive maintenance is a step above reactive one and uses specific information provided by multiple sensors to detect and prevent potential problems before they arise. A common example of this data is vibration analysis. By capturing this information, IoT sensors can create a baseline model and identify changes in vibration due to damage or an alien object. When deviations from this baseline occur, a vehicle needs maintenance. This means avoiding unexpected breakdowns, which can cost billions of dollars per year.

Another key benefit of predictive maintenance is improved asset availability and utilization during the manufacturing process. The data generated by automotive IoT-based asset monitoring systems can help companies plan, prioritize, and schedule work. The system can also identify the causes of equipment failure, which can then trigger proactive actions to address the problem of disruptive technology. Using IoT solutions in predictive maintenance, companies can plan maintenance activities based on the needs of the equipment and its environment. This can lead to substantial savings for companies.

Connectivity

In order to leverage IoT architecture in the automotive sector, connectivity needs to be a key component. This means constant communication between cars and between servers, client applications, sensors, and more. The data relay must be seamless and error-free. As connected vehicles generate massive amounts of data, companies can better tailor their offerings to consumers’ needs. Smart infrastructure in the automobile industry increases the success of products. This will put them in a unique position and support the digitalization of the automotive industry.

IoT in the automotive industry caused a revolution for car manufacturers. It is a game changer and is bringing unparalleled efficiencies and benefits to the automotive industries. IoT technology is also driving innovative features in the industry. With a new generation of internet technology, vehicle connectivity is now more robust than ever. Edge computing allows for faster data transmission, improved response times, and enhanced communication between vehicles and other devices.

Smart connected products are redefining traditional supplier relationships and shifting bargaining power. Automotive IoT-based technology is also allowing new suppliers to gain leverage with end users by providing smart, connected cars. As a result, new suppliers may be able to offer new features appealing to customers. By integrating the automotive IoT network into their products, manufacturers can gain insights and actionable real-time data. This data will improve understanding of the customer experience and processes of creating a connected vehicle. Furthermore, the understanding of what is industrial IoT and how to include it in smart transport systems can enhance the agility of the entire fleet management and lead to new efficiencies.

Impact on Capital Expenditures

The automotive industry is facing major challenges with regard to the future of at least semi-autonomous vehicles, self-driving cars, autonomous driving, and connected devices. everywhere. Consumer technologies are becoming increasingly advanced, and automakers must keep up with these changes providing a decent vehicle’s connection. Moreover, the industry is faced with the challenges of creating environmentally friendly vehicles. Recently, electric and hybrid vehicles have become popular, so companies like Tesla have gained a lot of traction with the general public.

IoT devices are one of the answers to this challenge. IoT solutions enable manufacturers to improve their processes, anticipate unexpected events, and benchmark their results. To understand the impact of IoT on the automotive industry, automakers should first understand what the most pressing pain point is and then implement an IoT solution to solve one problem at a time. This will enable them to generate maximum ROI and pave the way for a successful transition.

Reduced Likelihood of Human Error

The automotive industry is gaining more and more value from IoT technology, deep learning, cloud computing, and its integration into networks. With the Internet of Things, a driver can have more reliable information on vehicle condition, including tire pressure, GPS and GNSS system, weight measurement, and other basic features, which almost excludes the possibility of missing any repair due dates. Moreover, IoT enables manufacturers to monitor car performance in real-time during a revamped car inspection. Manufacturers can use data gathered by the Internet of Things devices to make recommendations to car owners, share data with people involved in emergency services development, and improve fleet management.

Connected vehicles generate enormous amounts of data, and manufacturers can use this data to better tailor their products. By offering the features that consumers want, car makers can increase the success of their products. In order to provide these features, manufacturers must reinvent the way they offer them to customers, and the Internet of Things is one of the best ways to do this. In addition, by leveraging IoT, they can improve quality control and road safety.

Improved Fleet Management

IoT sensors in the automotive industry can help fleet managers increase fuel efficiency. These sensors can be integrated with existing telematics systems to provide near real-time insights into fuel expenditures. This helps prevent unauthorized operational costs and improves the maintenance of connected cars. It can also help managers coach drivers on the efficient driving practices of a smart car.

IoT-enabled infrastructure can help fleet managers optimize the entire network of their vehicles and increase overall fleet efficiency, which plays a major role in revenue generation and gaining a bigger market share. Moreover, IoT-based predictive maintenance can be used to prevent the sudden breakdown of any car component, which is also positive for organizing fleet management. By analyzing the in-vehicle data and sending alerts to fleet managers IoT devices help prevent unexpected breakdowns.

Reduced Emissions

Using IoT in the automotive industry can reduce emissions and improve the way that people drive. These technologies allow vehicles to communicate with one another to optimize fuel and energy usage. They also help make vehicles more customizable. Moreover, IoT can help improve customer service and the driving experience. IoT-equipped vehicles can collect data from their surroundings and make the journey more comfortable for passengers and drivers.

What Can TEKTELIC Offer to the Automotive Sector?

TEKTELIC is a major IoT provider and manufactures a range of different devices for a variety of purposes. We can offer sensors for location tracking, building the IoT-based industrial security system, and collecting data from another sensor you already have. For example, KONA Mega Ex IoT Gateway from TEKTELIC is a carrier-grade solution for LoRaWAN Internet of Things networks that enables massive scalability. It supports up to 12 million messages per day and includes an option for cellular backhaul. Besides, it is ATEX or Zone 2 certified, which makes it a perfect choice for automobile manufacturing settings.

Speaking about other appliances, which can be of use, we should mention TEKTELIC ORCA. This is a GPS location tracker with optional BLE connectivity. It operates on LoRaWAN protocol and has a battery life of up to 5 years, making ORCA a reliable long-term choice. This device is incredibly important in the automotive sector as it can be used to track supplies and equipment delivery while on the road and when is already delivered to a stock. Besides, it is equipped with an accelerometer to accommodate event-based start-ups, which means it will not use power or send information when it is not on the move.

In case you don’t need to have a GPS tracking feature, you can pay attention to PELICAN EX. It is an outdoor asset tracking device, which is also ATEX/Zone 2 certified and can operate without any problems in a manufacturing environment. It smoothly operates in settings where dust, combustible gases, or vapors can be present. PELICAN EX has 6 years of battery life and transmits data via LoRaWAN and BLE using internal antennas. It is really small in size and lightweight, so you will not face any difficulty deploying it.

Summing up

Automotive IoT, with the development of autonomous vehicles, has numerous benefits that can help the industry become more efficient. This technology allows automakers to improve and customize processes based on their customer’s preferences, and it can help reduce time and money. The benefits of this technology include increased client satisfaction, improved production efficiency, and more efficient management of the entire production cycle.

With the growing use of IoT, the automotive industry is undergoing a digital transformation. Technology and product performance simulation are being used in manufacturing processes, delivery, and further operation of a regular or fully autonomous car. To organize the entire manufacturing plant, companies need a single platform that can control production in many different locations. In order to achieve this, they need to create an IoT ecosystem, where all the components are interconnected and continuously exchange data. This approach based on using IoT can improve production processes and offer real-time inventory control and logistics management.

TEKTELIC, in turn, can offer you a bunch of IoT devices, which will facilitate and optimize your manufactory. That is why if you are interested in making your automotive production smart or want to increase the efficiency of the manufactury, make sure to write to our sales team and discuss the opportunities we offer.