IDC Encourages Collaboration Between Automotive OEMs and City Leaders for Implementing Connected Cars and Smart City Solutions

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By 2017 worldwide spending on connected vehicles will be $29.6 billion and government spending on intelligent transportation systems will be $16.5 billion, according to the International Data Corporation (IDC). A new IDC PlanScape, Collaboration Between Automotive OEMs and City Leaders for Implementing Connected Car and Smart City Solutions, offers practical guidance to further explore how IT and non-IT leaders in automotive manufacturing and state and local government can collaborate to provide new and improved opportunities and services in urban environments.

Automotive OEMs face an urgency to evolve their product to compete with other transportation options and Smart City officials need to integrate with new technologies in automobiles for the future Smart Street. To succeed, these two groups must work together, specifically to improve vehicle and street safety, reduce environmental impacts, mitigate urban congestion, evolve automobile design, and create new value-added services for consumers. This IDC PlanScape answers the following:

• Why is the relationship between automotive OEMs and city transportation leaders so important to the future transformative opportunities that connected cars and smart streets provide?
• What are connected cars and smart streets, and what are the key examples of their interplay?
• Who are the key stakeholders that should be involved in connected car and smart street joint initiatives? What are their roles and responsibilities for promoting the successful coexistence of the connected car within the city as well as the co-development of new revenue services?
• How can IT and non-IT automotive and state and local transportation leaders help accelerate investment in infrastructure and the resulting services for the connected car and Smart City ecosystem to deliver value to all constituents?

"Connected cars have reached critical mass, and their interaction with the transportation infrastructure within Smart Cities is ongoing," said Heather Ashton, research manager for IDC Manufacturing Insights, and Ruthbea Yesner Clarke, research director for IDC Government Insights Smart Cities Strategies. "Automotive OEMs and Smart City leaders will need to work closely to ensure the continued development of, and support for, connected car capabilities and services such as vehicle-to-vehicle and vehicle-to-infrastructure communications that will increasingly include autonomous operations. This IDC PlanScape helps IT and non-IT automotive leaders understand the connected car and Smart City ecosystem, and identify the key stakeholders and their part in accelerating further development of services for connected cars within Smart Cities."

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company.