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Connected Car News: Tesla, ON Semiconductor, Foresight, SambaSafety, Valeo, Renesasm and Octo Telematics

Octo Telematics Partnership with RCI Bank: Global Platform Approach to Offer Tailor-made here exists the concept of ‘incentivise to monetise‘, whereby most automakers are trying to achieve a balance of collecting data and offering benefits to the end-user, including discounts on warranties, free trials of services, etc. Meanwhile, in the B2B sector, there is a lot of talk about business models. One of the most mature data sets today is the user profile which is used for tailoring insurance policies. Right from basic data points such as speed, acceleration, braking, car model, trips durations, odometer, time, and driving patterns to in-vehicle driver monitoring (using biometrics) aid creation of profiles for insurance.

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