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Telematics 2.0
Telematics 2.0 is the name for IoT-based telematics technology for the automotive industry. Telematics 2.0 utilises smartphone based sensors rather than black-box devices used in the traditional PAYD Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, b ... insurance industry. Telematics 2.0 solutions hit the consumer market in 2012/3 with solutions being offered by leading auto insurers such as AIG and AssetFENCE in the US. A commercial pilot of SafeDrive was run 2013 in Sweden, where the shortcomings of the smartphone as measurement probe were handled by digital signal processing.''Smartphone-Based Measurement Systems for Road Vehicle Traffic Monitoring and Usage-Based Insurance'', P. Händel, J. Ohlsson, M. Ohlsson, I. Skog, and E. Nygren, IEEE SYSTEMS JOURNAL/ref> References Veh ...
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Internet Of Things
The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communications networks. Internet of things has been considered a misnomer because devices do not need to be connected to the public internet, they only need to be connected to a network and be individually addressable. The field has evolved due to the convergence of multiple technologies, including ubiquitous computing, commodity sensors, increasingly powerful embedded systems, as well as machine learning.Hu, J.; Niu, H.; Carrasco, J.; Lennox, B.; Arvin, F.,Fault-tolerant cooperative navigation of networked UAV swarms for forest fire monitoring Aerospace Science and Technology, 2022. Traditional fields of embedded systems, wireless sensor networks, control systems, automation (including home and building automation), independently ...
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Telematics
Telematics is an interdisciplinary field encompassing telecommunications, vehicular technologies (road transport, road safety, etc.), electrical engineering (sensors, instrumentation, wireless communications, etc.), and computer science (multimedia, Internet, etc.). Telematics can involve any of the following: * The technology of sending, receiving, and storing information using telecommunication devices to control remote objects * The integrated use of telecommunications and informatics for application in vehicles and to control vehicles on the move * Global navigation satellite system technology integrated with computers and mobile communications technology in automotive navigation systems * (Most narrowly) The use of such systems within road vehicles (also called vehicle telematics) History Telematics is a translation of the French word ''télématique,'' which was first coined by Simon Nora and Alain Minc in a 1978 report to the French government on the computerizatio ...
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Automotive Industry
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% o ...
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PAYD
Usage-based insurance (UBI), also known as pay as you drive (PAYD), pay how you drive (PHYD) and mile-based auto insurance, is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place. This differs from traditional insurance, which attempts to differentiate and reward "safe" drivers, giving them lower premiums and/or a no-claims bonus. However, conventional differentiation is a reflection of history rather than present patterns of behaviour. This means that it may take a long time before safer (or more reckless) patterns of driving and changes in lifestyle feed through into premiums. Concept The simplest form of usage-based insurance bases the insurance costs simply on distance driven. However, the general concept of ''pay as you drive'' includes any scheme where the insurance costs may depend not just on how much you drive but how, where, and when one drives. Pay as you drive (PAYD) means that the ...
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