June 22, 2017
Telematics is making life simpler by providing additional functionality to the automotive world. Along with supporting risk assessment, it is also helping to make driving a safer experience. At one point, telematics has been used solely to monitor vehicle performance. Now, discussions are being held to discuss the possible benefits of increasing the presence of telematics in everyday life.
For example, telematics can help to save someone's life. Pretend that you are traveling down the highway in an ultra-modern vehicle. The driver of an eighteen-wheeler, distracted by his cell phone, veers into your lane and collides with your vehicle. You are knocked unconscious and spin out of control. Luckily for you, help is already on the way. Sensors fitted to the vehicle send alerts to the nearest emergency center on the map. The first responders come swarming out like bees to the scene of the accident. Your life and the lives of any other injured parties are saved thanks to the electronics in your vehicle. Of course, not all accidents end so well. Electronic assistance is no excuse for sloppy driving or poor practices such as texting while driving or driving without a seatbelt.
All that aside, technology can play an important part in helping drivers stay safe on American roads. Some say that a driving experience controlled by telematics and IoT (the Internet of Things) can make road travel more secure. Increased safety regulations, higher rates of smartphone penetration and decreased connectivity costs are all providing the impetus needed to grow the market for telematics. Both insurers and consumers can benefit from improved technological advances by providing better risk assessment data and incentives.
As a result of increased security concerns, many nations around the world are considering emergency response system models for their vehicles. The European Union has issued a mandate that all new cars approved to be sold in the area must be able to make an automated call to emergency services in the event of an accident.
Because of poor infrastructure, India has the highest rate of road accidents per year. Telematics can help decrease this rising number by relaying real-time data to the driver to apprise him or her of the current situation. So far, the Indian telematics market is seeing slow integration as a result of ignorance of its benefits. As the Indian public becomes more educated about the benefits of telematics and IoT, the safety of drivers and passengers on Indian roads can be improved.