According to Statista, the lack of cutting-edge features in automobiles has massively contributed to the poor growth of its market. After all, the advancements in automotive technology have remained reserved for some time, but thankfully, IoT companies in Singapore have been stepping up the game. The advent of the Internet of Things (IoT) has redefined several industries already, and the automobile industry is no exception.
With the help of IoT companies in Singapore, the automobile industry is recently attempting to maximise its potential with IoT. All these connections create a shared network. Read on to uncover the top six most impressive applications of the Internet of Things in the world of automotive this 2023!
1. PREDICTIVE MAINTENANCE FOR CAR REPAIR
When it comes to car maintenance, there are only two common approaches, which are preventive and predictive. For instance, if you want to stay updated with your vehicle, you get devices that provide exact and real time location. This one is preventative maintenance. On the contrary, one good example of predictive maintenance is when your system monitors your vehicular parameters.
2. COMMERCIAL FLEET MONITORING
The advent of IoT can also be a good fleet management solution. Some automobile sectors are now developing an IoT and automotive management network to help provide economic benefits. It includes well-optimised maintenance and logistics, driver performance monitoring, scheduled preventive maintenance, and detecting vehicle status for better safety and fuel consumption.
3. SMART INFRASTRUCTURE FOR DRIVERS
IoT companies in Singapore can also become an integral part of the automotive industry. With the help of IoT, roads and infrastructure can now have a common network and connection to improve vehicular interactions and driving experience. The benefits of IoT may help with intelligent road lighting, traffic jams, proper energy management, congestion prevention, and loads of EV charging stations. This technology may come in handy with industries that deliver products across the country. You can opt for cross border tracking to ensure the safety of your deliveries.
4. COMMUNICATION BETWEEN VEHICLES
The goal of IoT companies in Singapore is to make good communication between vehicles, or V2V. This SMART infrastructure technological idea can help with several advantages, including preventing accidents. With IoT, vehicles can share data about their real time location, speed, route, and other information through a single network. Through SMART devices, drivers can get alerted regarding probable emergency situations and road collisions.
5. IMPROVING CAR ENGINEERING AND PRODUCTION TIMELINES
When automotive industries and IoT companies in Singapore work together, they can produce a significant, favourable impact on infrastructure and interconnected facilities. IoT can significantly impact crucial corporate components, such as services, product longevity, and design ideas.
6. OPTIMISED CAR INSURANCE
Many IoT companies in Singapore are also working closely with insurance companies to help track the current vehicle condition and the driving style of the driver, allowing the insurance agent to assess the damage better in case of an accident.
Overdrive IOT is one of the leading IoT companies in Singapore! If your business is leaning towards using IoT, you may call them at +65 6950 0890 or contact them on their website.