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Telematics comprises of telecommunication which involves the transfer of information from the on-board vehicle telematics sensors to a crash resistant black box. Various applications of vehicle telematics include summoning roadside assistance, smart parking, GPS Navigation, emergency warning systems, re-routing, hands-free cell phone, recording driver’s behavior many more.

These applications of Telematics Sensors are further refined to be used in the following applications that include-

• Lane Assistance- A lane assistance system guides the driver to stay on the correct lane. In case the driver diverts from the path, the system will notify the driver or auto correct the lane. This considerably reduces the chances of a crash.

• Smart Parking- According to a study, drivers incur a cost of $1.39 every time they search for a parking space. A smart parking system uses sensors in the parking space that detect the presence and absence of vehicle. These sensors guide the driver to the vacant parking space and helps in optimal utilization of the parking space.

• Insurance- Vehicle telematics has emerged out to be a boon for the insurance companies. Insurance companies monitor the behavior of the driver through telematics and charge premium depending on the driver’s behavior. Basically, with the help of telematics, drivers are classified as high or low degree of claim propensity.

• Auto Driving- The concept of driverless cars is still in prototype phase and will likely to increase sensors in telematics application. Companies like Google, Mercedes, GM and many more are working on making this dream a reality. By 2016, Mercedes is planning to launch Autobahn Pilot which will be capable of hands-free driving and autonomous over-taking.

• Fleet Management- Fleet management is the most popular use of vehicle telematics. Telematics has changed the face of modern fleet management systems. This enables the company to keep track of their vehicle location and plan their logistic operations based on that. Telematics in fleet management have been successful to such an extent that UPS-world’s largest private shipper with more than 100,000 vehicles reduced its preventive maintenance bill by half; at the same time improved its vehicles reliability.

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