The automotive industry is continually called upon to deliver components and technologies that enhance the interconnectivity of vehicles, a.k.a., telematics. In fact, the global telematics market is poised to grow exponentially in the next 10 years, with approximately 104 million new cars expected to have some form of connectivity by 2025. It is estimated that 16 million new cars with embedded telematics will be sold in the United States alone by that time.
Telematics not only applies to technology that enables automobiles to run, now they will be asked to interface with satellites, mobile devices, and beyond. Whether it’s greater improvements for fleet management, Wi-Fi-enabled vehicle-to-vehicle communications, or incorporating privacy principles into future technology developments, automotive suppliers and OEMs have to be innovative in identifying opportunities for connectivity while considering how to get technology to market faster.
Drive Forward: The Future of Telematics
On Wednesday, January 14, 2015, Foley will host Drive Forward: The Future of Telematics, a robust discussion led by panelists from Google for Work, American Axle & Manufacturing, Inc. and Kia Motors America on technology advancements, trends, and strategies. Held at the Detroit Athletic Club in conjunction with the 2015 Detroit Auto Show, attendees will hear unique perspectives of these industry leaders and have the opportunity to ask questions on the business implications of telematics.
We will explore:
- Issues surrounding lag time between innovation and mass production
- Consumer-driven demands on OEMs for more infotainment-related technology
- Fully connected “smart” cars and multi-modal synergies as a major target of future expansion for manufacturers
- Autonomous technology and its potential to address driver-distraction concerns
To learn more about this event or register, visit Foley.com/driveforward.