Securing and managing the connected vehicle ecosystem

Transform the ownership experience with one cloud platform.
Usage Based Insurance

Mobility-as-a-Service

Usage-based Insurance

Telematics

Monetizing Telematics

Predictive Maintenance

Over-the-Air Updates

Hyundai securely connects owners to their vehicles – driving customer intimacy

Covisint enables Hyundai to rapidly build new connected vehicle services, allowing the OEM to continually engage with customers throughout the entire lifecycle of ownership. Hyundai leverages Covisint’s foundational technologies to create a 360-view of the customer and share information across the extended vehicle ecosystem, in a secure and scalable way.

Hyundai BlueLink — built on the Covisint IoT Platform — is a mobile application that allows owners to monitor vehicle health, communicate conveniently with service representatives and control their vehicle remotely, from just about anywhere. The Covisint IoT Platform seamlessly integrates the numerous systems associated with the vehicle, and manages the identities of all drivers, devices and cars across the ecosystem.

Mobility-as-a-Service

Emerging technology, urban growth, and new mobility players has altered consumer transportation behavior, shifting from traditional vehicle ownership to shared mobility. Automotive OEMs are rapidly capitalizing on new business models for vehicle sales, by creating value-added mobility services. OEMs and partners can capitalize on mobility-as-a-service by monetizing the time consumers spend in the vehicle during drive time, while providing a desired customer experience.

To deliver mobility-as-a-service, OEMs need a centralized platform to securely integrate and communicate with all entities. A successful user experience will hinge on the ability for OEMs to manage the complete ecosystem. Covisint can assist by providing a centralized IoT Platform that securely identifies, authenticate and connect users, devices, and information, with the flexibility for quick to market solutions.

Monetizing Telematics

The automotive market is transforming to an economy-of-services, subscriber-based revenue models and positive ownership experiences. The connected vehicle provides a wide array of data to help OEMs make better decisions, improve safety, and increase profitability. OEMs are looking for a competitive edge while delivering on customer expectations of value added services.

Telematics facilitates the passage of data from the IoT-edge to the Cloud, which is fundamental to building connected vehicle solutions that enhance the user experience, unlock value, and bring insights to light. However, OEMs must be able to manage multiple stakeholders and disparate systems, while providing a secured data environment. Covisint can help OEMs build telematics-based solutions securely managing the connected vehicle ecosystems, and provide an open-development IoT Platform enabling rapid prototyping, development and integration of telematics services.

Usage-based Insurance

Advancements in connected vehicle technologies, telematics and analytics, have enabled the automotive industry to provide value services to consumers while growing new revenue streams. UBI is poised for massive adoption in both emerging and industrialized global markets. Consumers are demanding ways to reduce cost of vehicle ownership. The value of UBI depends on the ability to provide access to real-time, relevant vehicle data on a mass scale.

By accessing this data, insurers can make better decisions on driver behavior, allowing for more personalized insurance premium offerings for consumers. Automotive OEMs need a platform that can offer UBI developments from concept to market. The Covisint IoT Platform provides a foundation from which to build UBI services that orchestrate the secure, pervasive and deliberate flow of information to the right people, systems and things.

Over-the-Air Updates

Vehicles today are produced with several firmware and software components to provide quality product offerings to consumers. Automotive OEMs are continuously looking for efficient ways to simplify product updates, effectively address recalls or prevent recall, reduce warranty cost and improve offerings for a better customer experience. The connected vehicle allows OEMs to remotely carry out system refreshes, bug fixes or even a ‘digital recall’.

Growing consumer concern about data safety and security, compliance with federal and state regulations and mandates, and assuring accuracy and timeliness of updates are just a few challenges confronting OTA updates. Covisint enables OTA updates by securely integrating the related components and systems, providing flexibility to implement, assure data security, and meet OMA-DM compliance.

Dealer Insight