How Connected Cars Have Established A New Ecosystem Powered By IoT

TechCrunch

Editor’s note: Jahangir Mohammed is founder and CEO of Jasper, the cloud-based software platform that powers the Internet of Things. 

Not long ago, after you bought a new vehicle, the manufacturer had very little contact with you for years until it was time to sell you another car. The Internet of Things is changing all that. The IoT-enabled “connected car” turns the vehicle itself into a hub for an entire ecosystem of connected services that offer consumers a wealth of benefits including enhanced safety and security, a richer user experience and a new suite of product offerings. From the manufacturer’s perspective, this also helps establish an ongoing customer relationship as well as incremental revenue streams over the life of the vehicle.

Across the world, 23 million cars on the road today are connected to the Internet, and that figure is expected to increase to 152 million. Historically…

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