A Brief insight to Internet of Things (IOT) for Automobiles

IOT is a new term that revolutionizes modern concept of manufacturing, service sectors in global and national scenario. IOT actually gives birth to fourth generation of industrial revolution with modern approach to the concept of product, processing and its utility. IOT is a further step to the concept of autonomous car and industrial automation. Smart car of present time which consists of myriads of modern entities like navigation, cab services, entertainment is already a step towards high end automation, driverless car concept. IOT actually helps in more advancement of such concept leading to communication between devices and sensors installed in car for better traffic control, positioning, navigation, anti-theft and others. Due to IOT there will be possibility of connected cars playing a major role in the roads and for economy in future. IOT will also cause a major shift in automobile industry from concept focussing on products to services, experiences, from hardware to software, functionality to information as key objective for value creation along with industry silos to complex connected systems.