Vehicles are more than transportation: they’re now smart mobile devices generating volumes of telematics data. Automotive revenue streams are shifting and the key to unlocking real value from big data in the automotive industry is accelerated analytics with OmniSci.
- Connected cars generate 300TB of data per car, per year
- By 2020, connected car services will account for over US $40bn in annual revenue
- By 2030, half the world’s vehicles will be covered by telematics-based insurance policies