20151020_connected_cars v.01.pptx

Frankfurt, 20. Oct 2015

Connected CarsAnd its verticals

Author: Chetan Somashekar

Ostfalia University of Applied SciencesWolfsburg

Connected Cars20. Oct 2015Chetan Somashekar 2

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Internet of Things

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Connected Cars

Different Verticals – OEM, Dealer, Insurer, Cus-tomer, Fleet

Future of Connected Cars

Conclusion


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Internet of Things

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Connected Cars



Conclusion

Connected Cars 420. Oct 2015Chetan Somashekar

Internet of Things1

Source: http://resources.vzaar.com/vzaar/vzb/72f/target/vzb72f96c6386b4a1884b82437a877b877.png


The Internet of Things units installed base by category from 2013 to 2020 (in millions)

2013 2014 2015 20200

2000

4000

6000

8000

10000

12000

14000

Automotive Consumer Generic Business Vertical Business

Inst

alle

d ba

se in

mill

ions

Source: Gartner; ID 370350


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Internet of Things

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Connected Cars



Conclusion


Connected Cars2

Source: http://brandchannel.com/wp-content/uploads/2015/03/150302_volvo_cars_560.jpg


Survey

Source: Capgemini consulting


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Internet of Things

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Connected Cars



Conclusion


Different Verticals3

Added Value

Increase in spare parts

sales

Marketing enrichment

Protection guarantee

Importance for partners

OEM

Source: Remoto 3.0


Added value

Source: Remoto 3.0

Connected Cars 1320. Oct 2015 Chetan Somashekar

Knowledge about the car status, errors and mileage is the possibility of client proactive service:

Take care of customers and increase their loyalty:

• Invite clients to service at the proper moment• Help clients using remote diagnostic

Increase in spare parts sales

Source: Remoto 3.0


Make the most out of the accurate and conversion offers based on historical data from the telematics at the proper time

• Forecast concrete vehicle breakdowns by extra -polating certain client’s driving style patterns

• Offer relevant accessories suitable for climatic zone, the rhythm of life and the driving style

• Extent customer data through social networks (age, martial status, children, interests etc.)

Market enrichment

Source: http://www.sas.com/content/dam/SAS/en_us/image/sas-com/icons/navmenu/forecasting-icon.png


• Driving style recommendations to extend the car life

• In the case of non-compliance with the rules of operations. The system can give a tough argu-ment to dealership to refuse providing war-ranty service

Protection Guarantee

Source: http://www.al-miftah.com/wp-content/uploads/2015/04/id-protection.png


• Warranty, logistics, inventory

• Service appointment check-in

• Promotions/Product demos

• Product info/Guidelines

• Lifestyle profiling

Dealer3


Insurer3

Re-port inci-dent

Start claim

Automated first notice of lossReport incident, begin claims process and estimate severity

Esti-mate

Severity

Source: IBM


Notification of acci-dent

Emer-gency services

Tow-ing ser-vice

Automated first notice of lossNotify emergency services, towing service, rental car, or replacement vehicle for fleets

Replace-ment / Re-pair vehicle

Source: IBM


• Staying with defined boundaries and routes

• Alerting customers to road hazards by analyzing data from nearby vehicles

• Offering extended coverage if customers venture outside of covered area

Geo fencing

Source: http://www.ospox.com/image/geofence.png


• Gives rates and discounts based on actual driving scenarios rather than data about group behavior

• Can select and retain the lowest risk drivers better aligning risk and price

Pay how you drive

Source: http://blog.nwautos.com/ww-thinkistock-79078666.jpg


Customer3Home and work us-age

Source: Strategy analysis by Pivotal Labs

Security

Monitoring


In car office


Meeting Loca-

tions

Calendar Sync

Travel Itinerary


Reservations, Bookings, Rat-ings


Flight reservations

Movie ticket bookings

Rating services


Easy Payment


Car Wallet

Automated Toll pay-

ment


Drive Group


Sharing informa-

tion


Fleet3

Source: Fleet management and telematics by trinity


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Internet of Things

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Connected Cars



Conclusion


Future4

Source: http://symbio.com/wp-content/uploads/2015/04/Screen-Shot-2015-06-09-at-11.44.49-AM.png

The future of connected cars will be autonomous cars!!


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Internet of Things

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Connected Cars



Conclusion


Conclusion5

o Who will make and sell cars?

o Who will set the standards?

o Who will get left behind?

o What kinds of strategic alliances, joint ventures, or mergers will

reshape the competitive landscape?

THANK YOU

20151020_connected_cars v.01.pptx

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