Market Report

IBM Institute for Business Value study, “A New Relationship — People and Cars,”

According to an IBM Institute for Business Value study, “A New Relationship — People and Cars,”vehicles are becoming part of the Internet of Things (IoT) as new mobility options transform consumers’ lives and expectations. Today’s cars are evolving from a mode of transport to a new kind of moving data center with onboard sensors and computers that capture information about the car, its driver, occupants and surroundings. At the same time, conversational interfaces are enabling drivers to interact with their vehicles more naturally and, with machine learning, cars can get to know their drivers better and personalize the experience accordingly.

According to IBM’s studies, cars are increasingly becoming:

1) Self-healing: Vehicles that are able to diagnose and fix themselves and even fix other vehicles with issues without human help.

2) Self-socializing: Vehicles that connect with other vehicles and the world around them.

3) Self-learning: Vehicles with cognitive capability to continuously learn and give advice based on the behavior of the driver, passengers, and other vehicles.

4) Self-driving: Vehicles are moving from limited automation to becoming fully autonomous.

5) Self-configuring: Vehicles adapt themselves to a driver’s personal preferences — everything from seat height and position to their drivers’ favorite destinations.

6) Self-integrating: Like other smart devices, these vehicles will be integrated parts of the IoT, connecting traffic, weather, and mobility events as they move around.

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