What can big data do for the auto industry?

By: DavidPage

Big Data has been used by automakers to improve their cars and provide better customer service. Big Data and vehicles interconnected will transform our lives. Carwatch Weekly compiles a summary of vehicle recalls that were published during the week prior. Although we get our data from various regional markets, we do not claim to have all the information.

Big data is expanding the information available to automakers for decision-making. Big data is a vast improvement over the old days when car manufacturers had to rely on a few experiences and a limited amount of information. Now they can use big data to develop new models or provide new services. They can also predict the future of the automotive industry in terms of Mobility, Electrification, Connectivity, and Autonomous. .

Hyundai Motor Group announced recently the launch of “Hyundai developers”, an open-platform portal for vehicle data developers. It is designed to provide an environment that encourages the creation of custom services and products by start ups. Access to data from millions of connected cars and service networks, including information on vehicle condition, operation, and specifications, will be granted to outsiders.

Big Data Team plays an important role. It analyzes data related to planning, sales, and marketing. It also collects data from Hyundai cars, and analyzes the quality. It handles data like mileage, remaining battery and location/waiting times of charging stations. The Big Data Team now manages and analyses data from overseas offices.

These processes include collecting, preprocessing (a data mining technique that transforms raw data into a understandable format), storage, and managing. To get more refined data, we put a lot of effort into developing an algorithm.

Big Data can be used to provide customer-centric services and product development. The possibilities for Big Data are endless when you consider the recent business models that were built on the mobility industry.

Another example of mobility services is the development of a dynamic routing platform that allows cars to find the most efficient routes for their drivers. As it collects real-time data on traffic, weather and user preferences, we expect the service will continue to improve.

What other technologies and services could Big Data be used in the future?

We could also avoid unexpected malfunctions by using a similar method. Big Data analysis could determine when the car is due for a checkup. We could then apply that information to other models. This technology will make driving safer and more convenient than having to have a mechanic check your car.

Others services are also being developed. An app that helps you charge your electric car would be the first. The app analyzes the data and will direct the driver to the closest charging station. It also lets him know how long it takes to wait.