Considerations for key stakeholders Carmakers Telecom operators Motor insurers Service • Integrate telematics offering • Offer 4G/LTE connectivity to • Develop an internal IT system offerings with mobility solutions offer high bandwidth services to leverage telematics-based to support intelligent such as internet-gaming, insurance data transportation solutions videoconferencing, etc. for • Create attractive aftermarket • Build the cost of diagnostics passengers proposition to drive uptake in and security services into the • Provide flexible data plans such car parc price of the new car, while as shared data plans or split • Offer specialized products for subscription model to be billing services fleets aimed at reducing the followed in aftermarket • Focus on network security for total cost of ownership • Focus on vehicle data as well vehicle-related data as integration of data in the • Telematics service platform environment to offer end services either • Leverage other revenue directly to the customers or in streams such as location-based collaboration with carmakers advertisements • Leverage data collection/ • Integrate payment services mining capabilities to support within the vehicle (while carmakers ensuring data security) • Build telematics systems with enough capacity and performance to handle software upgrades Collaboration • Partner with automotive • Partner with carmakers to offer • Collaborate with carmakers to and suppliers to build open and customer support services such offer usage-based insurance partnerships scalable (HMI) as subscription management (UBI) based on integrated • Collaborate with aftermarket and charging and billing connectivity solution channels for optimal utilization services of vehicle data • Partner with various sector • Outsource non-core services stakeholders to launch services such as billing and subscription in the aftermarket management This is the executive summary of a detailed analysis conducted by Ernst and Young’s Global Automotive, Telecom and Insurance Centers. Please contact our sector professionals for more in-depth information.
The Quest for Telematics 4.0 Page 6 Page 8