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63% Of IoT Adopters See Significant Returns On Investment, Says Study

Digital technology has to prove it is every bit as robust as any other automotive product if the connected car has a long term future. That’s the opinion of Erik Brenneis, Vodafone’s global director of IoT speaking at a press briefing in London outlining the telecoms giant’s 2016 IoT Barometer. And he said the company’s business strategy reflects this conviction. He told TU-Automotive: “Two years ago we acquired a company called Cobra who manufacture telematics boxes to go inside cars. Also they have written the software system that allows remote control of the cars’ function via a smartphone. The software also sends vehicle data to control centres and this allows tracking in the event of theft and service data of monitored vehicle condition and also emergency call up in the event of a crash.”

Read the whole story at TU-Automotive »

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