Dear Readers,

Telematics is one of the most rapidly emerging sectors in India. Driven by factors such as the increase in the number of accidents, rising vehicle thefts and the demand for navigation services, it has the potential to expand and be a source of huge R&D implementation, if developed in the right stride. Although the Indian telematics market is in relatively early stage, it offers wide scope for the automobile industry to flourish. The integration of m2m telematics applications helps the automobile industry in various ways, e.g. a lower number of road rages, vehicle tracking and many others.

Last couple of years have seen an alarming increase in the number of vehicles that are observed on the roads all over the world. This progress has come along with its pitfalls though; steep rise in accidental deaths and damages to property, to name a few. Making roads safer and technology smarter is one big concern and has already seen many initiatives taken in this regard, to enhance a transport system that can interact with mobile traffic and pedestrians alike. Once the driver is provided with necessary vehicle technology information to the driver, potential accidents can be avoided, several technology-based products have been developed. The latest technology researchers are working on is based on Internet of Things (IoT).

The growth of telematics sector in many developing and developed countries can be broadly clubbed into four service areas: navigation, safety, information and remote diagnostics. Indian automobile industry is one of the most vibrant industries and contributes to a large percentage of the country’s manufacturing capacity. Aided by favourable government policies and subsequent economic growth, it is quite likely that this industry is going to expand by leaps and bounds.

Many companies have started realizing that it is not just about monitoring, but also about achieving transparency in business efficiency and processes. Considering fleet management, telematics plays an important role as drivers and vehicles can be tracked throughout the journey. A large portion of the total telematics market is captured by vehicular tracking and fleet management has captured.

Large amounts of data can be processed in real time in automotive telematics and information can be gathered at even when the vehicle is on the go. Applications can help decrease the number of road accidents and damage to vehicles. Live traffic updates, smart routing and tracking or roadside assistance in case of breakdowns can make life a lot easier for urban commuters. The demography of India provides an excellent opportunity for the deployment of the telematics solutions that improve safety and efficiency. All this digital impact on transportation would lead to a better planned traffic scenario with reduced casualties .

Keep tuned to this space for more!

Author:
Harsha Thakur
Senior Technical Content Writer