Global digital transformation and technological advancements has put the automotive industry in a state of disruptive transition. This transition has given rise to an increase in vehicle ownership which is as a result of increase in population, consumer wants and experiences. Because of consumer pressure, most automotive companies have moved beyond automation to implementing Internet of Things (IoT), which is making a great impact on the automotive industry.
Internet of Things or IoT is a global network that comprises web-enabled smart devices that use sensors, communication hardwares and embedded processors to gather, send, collect and act on data to optimize the experience and reduce expenses. The connected entities include vehicles, pedestrians, roads, parking lots and city infrastructures. The received data is used to handle e-commerce payments, ensure compliance with policies, laws and more. In the automotive world, the IoT is transforming into IoV marking the evolution of conventional vehicle networks into the internet of vehicles (IoV).
IoV network communicates with the driver, the environment, other vehicles, pedestrian handheld devices, Roadside Units (RSUs) and public networks using Vehicle-to-Vehicle (V2V), Vehicle-to-Road (V2R), Vehicle-to-Human (V2H) and Vehicle-to-Sensor (V2S) interconnectivity. Thereby, it is creating a social network where the participants are all intelligent objects rather than human beings.
With all its diverse applications, the Internet of Vehicles is changing the world dramatically. Here is our glimpse into the most notable changes.
Safety and Efficient Navigation
Wiht 94% of all road accidents being attributed to human error, most automotive companies now chose to give vehicles the driving control in order to reduce this percentage. To do this, they are using the Internet of Vehicle technologies.
Information from sensors in IoT enabled vehicles are communicated with roadway sensors to detect traffic state such as vehicle flow, speed, density, or traffic accidents. The data gathered from the sensors is processed and shared between vehicles or with infrastructures to be routed to back end servers to analyze traffic conditions. This information is taken into account of the overall safety of various routes, alerts drivers of potential road hazards, reckless drivers, or even oncoming traffic delays, and provides drivers with the ability to include route safety in their navigation decisions.
Because of connected vehicles’ ability to communicate with each other in real time using data, safety of drivers and pedestrians on the road is improved. The Internet of Vehicles (IoV) does not only provide environmental safety but also provides in-vehicle safety, which helps drivers who may have fallen asleep or are suffering from a medical emergency. It also monitors driver’s habits and alerts appropriate services like hospitals of potential issues and emergencies.
Monitoring of Vehicle Health
In the coming future, most vehicles would be driverless and autonomous. The Internet of Vehicles (IoV) will help to track vehicle’s health, which is crucial in creating a safe and efficient world. Internet of Vehicles technologies will always conduct real-time inspections to ensure that vehicles are operating at their full potential. While the inspection is being conducted, any problem with the vehicle technology or its sensors would be made known to its driver, mechanic and other vehicles on the road. The automotive companies can also use Internet of Vehicles (IoV) in the monitoring of vehicle’s age, fuel performance, braking, speed and so on throughout the day, manage the performance of their vehicles and spot issues before they occur.
Because of the increase in population and the increase in the number of cars, traffic rate has increased by far and a lot of emissions are released. A vehicle that uses the Internet of Vehicles (IoV) technology is able to use its intelligent sensors to communicate with vehicles within its environment to reduce stop-and-go due to a few bad drivers.
Internet of Vehicles (IoV) equips vehicles with sensors and smart route mapping software that allows avoiding congestions. Thus, IoT creates a system that optimizes routes in real-time without relying on input from humans. Internet of Vehicles (IoV) technologies would help users get home on time by signaling the driver of overhead traffic, closed roads and travel schedules of public transports.
Improved Fleet Logistics and Geo-Fencing
The fleet management technology in Internet of Vehicles (IoV) improves operational efficiency, maintenance cost, fuel consumption, regulatory compliance, and speeds up accident response. Some of the features offered by fleet management technology include GPS tracking, geo-fencing and real-time business decisions. The Internet of Vehicles (IoV) technology also informs fleet managers about weather and road closure.
Geo-fencing is the advanced form of GPS where it captures the location of an asset or device with the coordinates of a particular area. Geo-fencing helps reduce and prevent overcrowding by redirecting vehicles to other regions of the city in order to avoid accidents or crashes. It can also help passengers travel at ease and better manage public fleets. Internet of Vehicles (IoV) helps fleet managers to not only manage vehicles but also track shipments, optimize delivery and shipping routes, cut costs associated with inefficiencies in logistics and improve bottom lines.
Remote Control Convenience
Internet of Vehicles (IoV) improves user convenience by providing them with the ability to remotely access a car, track and lock stolen vehicles. This feature is helpful not only to users but also to transportation agencies, because it makes it easier for them to manage and access parking data, traffic and congestion.
The Internet of vehicles can be used to avoid congestion and, thus, significantly reduce city gas emission, as well as to manage congestion charges. The technology also gives room for the tracking of road movements and managing street lights when needed to reduce the cost of electricity consumption.
With the rapid development of computation and communication technologies, Internet of Vehicles (IoV) promises a huge commercial and social value, thereby, attracting a large number of companies and researchers and turning in a necessity.