Value of Connected Car Data

The connected car is becoming a major source of data for a variety of companies ranging from auto OEMs and Telematics Service Providers (TSP) to traffic information suppliers and cloud content and service companies. The connected car is also a large consumer of data - both the car itself and the driver and passengers. The data to and from the car are flowing via different and sometimes multiple communication links. The variety and volume of data is growing dramatically and is contributing to the so-called big-data explosion in the automotive industry. The value of the connected car data will also grow significantly for many types of companies.