Move targets autonomous driving, smart city markets
Mobileye, an Intel-owned company that’s a key player in the growing autonomous driving market, is partnering with Orange Business Services to provide Internet of Things (IoT) connectivity for its upcoming Mobileye 8 Connect product, which will benefit everyone from individual drivers and organizations to municipalities.
The Lowdown: The company is looking to enable Mobileye 8 Connect to be retrofitted into most existing vehicles to give them the most up-to-date collision avoidance technology that leverages data around driver behavior, the surrounding environment, and advanced real-time alerts, such as detecting and identifying pedestrians in low light. This can lead to fewer accidents and lower insurance premiums.
The Details: Mobileye 8 Connect’s advanced driver assistance system (ADAS) technology uses an onboard camera to help collect the data, not only on how the car is being driven and in what conditions, but also for a slew of other areas, including the creation of high-definition maps, identification of static infrastructure – think manhole covers and telephone poles – and dynamic information, such as traffic congestion and potholes.
Orange Business Services’ IoT connectivity solution has broad support in the United States, Europe, and Asia, with more than 500 roaming agreements with local providers. The goal is to give Mobileye users seamless connectivity within and among countries for a consistent and unbroken experience.
The Impact: Fast, reliable, and secure connectivity is key to any ADAS and autonomous vehicle technology, which needs to be able to collect and analyze huge amounts of data in as close to real time as possible to enable the vehicle to react to what’s around it. Such technologies also are key to the growing smart city space, which can use the collected data to ensure better traffic flow, address problems, and improve planning.
Background: The importance of the burgeoning ADAS and autonomous vehicle space was highlighted when Intel bought Mobileye and its sensor, camera, and mapping capabilities for $15.3 billion in 2017, following a year in which the two companies partnered. Analysts at Allied Market Research expect the autonomous vehicle market to grow from $54.23 billion this year to $556.67 billion by 2026, an annual rate of almost 39.5%.
The Buzz: “Mobileye will revolutionize the ADAS space, establishing itself as a critical player in the autonomous vehicle market,” said Lior Sethon, vice president and deputy general manager of Mobileye’s Intelligent Mobility Solutions division. “The Orange Business Services global IoT network is key to providing connectivity and data collection capabilities to empower the management of smart city assets, corporate fleets, and ride sharing on a large scale. At the same time, this connectivity will enable us to push over-the-air software updates to the cars, which allows us to add new features and improve its existing functionality.”
“Seamless connectivity is a vital enabler of the smart automotive industry. Our extensive experience with IoT and data is helping Mobileye bring a truly innovative solution to market that will enable safer and smarter driving, preparing the way for self-driving cars,” said Fabrice de Windt, senior vice president for Europe at Orange Business Services.