The connected car refers to ever-more communication of the car and its many subcomponents with the outside world. These include V2V, V2backend, V2infrastructure and more generally V2X communication. Vehicle connectivity often stands in the shade of autonomous vehicles. When taking a closer look, it becomes clear the connectivity leaves a tremendous footprint on many industries: it improves operations and maintenance of vehicles, offers new revenue streams and business models to TelCo firms or insurances, impacts the after-market sector and simultaneously improves lives and comfort of passengers and car owners. In addition, ultimately, a truly autonomous vehicle is dependent on connectivity.
We believe connectivity is a very powerful tool, which is already being monetized in a variety of applications. After-market players are already shifting business models, and that is just the beginning. When thinking about connectivity, operations, maintenance, and especially traffic management often pop up as the key application fields. In addition to those, cyber security, data protection, 5G communications, V2X infrastructure are among our key focus areas and will heavily impact the status quo. Connected vehicles will allow level 4 autonomous vehicles to operate on public roads on large scale. For level 5 autonomy we are firm believers for the need of 5G technology (unless the computational power in cars develops extremely quickly). Lastly, data collection and privacy are heavily scrutinized topics. At h&z, we see concrete solutions to data ownership and distribution that will allow for less friction between industry stakeholders.