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On a typical sheep gathering session, 10-12 farmers face difficulties finding all their animals. The implication is that both animal and farmer may have to stay out for longer than necessary. When there is heavy snow, this compounds the problems and the cold induces distress upon both farmer and animal.
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The competitiveness of the car insurance market is driving UBI growth as a means for insurance companies to differentiate their customer propositions as well as improving operational efficiency. An insurance model - usage-based insurance ("UBI") - offers possibilities for insurers to do more efficient market segmentation and accurate risk assessment and pricing. Insurers require an IoT solution for the purpose of data collection and performance analysis
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While mechanical service is still needed, incre- asing digitalization of cars has led to the need for rmware and software updates to complement service and repairs. Instead of repairing cars once they have broken down, real-time data from connected cars enables predictive and proactive service. This creates new opportunities for OEMs to increase the direct relationship to the end customer. Conversely, repair shops need to adapt to these new conditions and innovate new business models to ensure future competitiveness.
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