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July 28, 2017

Are Autonomous Vehicles Going Places Anytime Soon?

Posted by Dr. G. V. V. Ravi Kumar (View Profile | View All Posts) at 6:33 AM

Are Autonomous Vehicles Going Places Anytime Soon?

(This blog post has been written with inputs from Saraswathi Thippaiah, Principal Consultant - Advanced Engineering & Sreekanta Guptha BP, Principal Consultant - Advanced Engineering, Infosys)

In the foreseeable future, autonomous vehicles (AV) - drones and self-driving cars- will be the major mode of transportation, and facilitate access to a number of allied services. For instance, imagine receiving your products within minutes of placing the order. The AV industry is expected to grow to $126.8 billion by 2027.

Autonomous vehicles drive with the aid of the Internet or a wireless network, using in-vehicle technologies such as sensors, radar, LIDAR (light radar), lasers, cameras, and GPS, to steer, navigate and brake. Data generated or accessed by the AVs is usually stored on a cloud platform. As technology gets smarter, autonomous vehicles will play an increasingly important role in industries such as logistics, where they will simplify fleet management, optimize delivery routes and enable asset tracking. One will also find AVs in industries such as mining, retail, healthcare, and hospitality.

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