Technology and the Automotive Sector: Connected Cars Driving the Future of Vehicle Safety

As Sterling Performance breaks into the autonomous vehicles market, we’re keeping our eyes on new technologies that will improve auto safety in the years ahead. Companies such as Tesla, Blackberry, and Siyata Mobile are teaming up to make driving safer for the autonomous vehicle of the future. Sterling Performance plans to be with them every step of the way in providing world-class engine testing services

Technology and the Automotive Sector: Connected Cars Driving the Future of Vehicle SafetyPoint Roberts, WA and Delta, BC – June 5, 2019 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering technology and automotive stocks releases a sector snapshot reporting on connected car technology and how it will play a leading role in automotive safety in the future.

According to Adroit Market Research, “The global connected cars market was valued at $73.18 Billion USD in 2018. The global connected cars market is primarily driven by high adoption in the telematics segment. Along with that, factors that have reinforced the market include trend of connectivity solutions and an increase in the need for safety & security.”

Siyata Mobile Inc. (TSX-V:SIM) (OTCQX:SYATF), a leading provider of in-vehicle communication devices is evolving the conversation surrounding automotive safety having just announced the launch of its groundbreaking Uniden ® UV350 on the AT&T network and FirstNet platform.

FirstNet is being built with AT&T in a public-private partnership with the First Responder Network Authority (FirstNet Authority) – an independent agency within the federal government. It’s designed for first responders and those critical to their emergency response. With this much-needed technology upgrade, first responders can connect to the critical information they need every day and in every emergency.

A recent Frost and Sullivan report supports the Siyata Mobile Inc. strategy noting, “Connected car makers will be eager to build strategic partnerships with telecom providers and communication module makers to augment on-road safety and offer in-vehicle, data-rich services.”

BlackBerry Limited (NYSE:BB) (TSX: BB), looking at connected cars and security says, “Cybersecurity is top of mind for automakers as their cars become more connected to the outside world. Today’s vehicles are computers on wheels-with over 100 million lines of software per car. This degree of connectivity allows bad actors to hack into cars and their software, with the potential to create havoc. The risk posed to automakers can be mitigated with a well-designed end-to-end security solution and alignment with security best practices.”

BlackBerry received $40 million in federal funding to help develop technologies that make cars safer, more connected to cyberspace and eventually, capable of driving themselves.

“The ability for vehicles to communicate with other vehicles and the infrastructure ‘shows great promise in helping to avoid crashes, ease traffic and improve the environment’, says the US Department of Transportation.”

At CES earlier this year, Bosch and Mojio, the leading platform for connected cars, announced a jointly developed, IoT integrated emergency response solution. The new offering adds crash detection and emergency call (eCall) response to an existing connected car solution from Mojio. Through the simple combination of a plug-and-play device for the vehicle’s OBD-II port and a mobile app, nearly a million consumers in North America and Europe have already upgraded their cars with Mojio’s white-label connected car solutions. These connected car offerings are deployed by Mojio’s portfolio of mobile network operator customers, including Deutsche Telekom, T-Mobile US and Telus (TSX: T) (NYSE: TU).

Telus is pushing its Connected Car Drive + technology saying, “From a few vehicles to a full scale fleet, the TELUS Connected Vehicle portfolio empowers business owners to efficiently & safely manage their vehicles. ”

“With more than a billion unconnected cars still on the road today, industry collaboration is critical to accelerate the deployment of connected mobility services across the globe,” said Kenny Hawk, CEO, Mojio. “Together with Bosch, we’re addressing the key barriers that automakers face in building profitable connected mobility services – in turn, helping OEMs shift their focus towards the rapidly-evolving expectations of the global driving community.”

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