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  • Writer's pictureGopika Sreekumar

Asset management in the automotive industry – Importance of ADAS in 2023

Updated: Feb 25, 2023

The automotive industry is evolving with many critical applications being developed, tested, and rolled out frequently, with the talk of the masses being focused on cloud-based asset management solutions. By deploying digitized tools to help manage their various automotive assets, organizations can achieve significant improvements in operations. Not only can effective asset management ensure the reliability of equipment and machinery through preventive maintenance, but it also assists in significantly reducing costs by increasing asset visibility in manufacturing plants. As well as optimizing the life cycle of mission-critical assets with asset life cycle management.


It was not long ago that we stepped into the world of improving safety features when driving. Given the option for drivers to choose based on real-time road and surrounding traffic conditions, we have been able to avoid and reduce collisions and loss of life.


ADAS was one of the key implementations that paved a path in driving safety. ADAS combines any driver assist technology that guides drivers to reach their destination with safety. Even though most of us won’t be familiar with the name per se, we are all dependent on this system when on the road.


Let us look at some of the features for better clarity. Starting from blind-spot monitoring, lane-departure warning, collision-mitigation systems, adaptive cruise control, air disc brakes, electronic stability control, and video monitoring, all our decisions are informed on the get-go, thanks to these systems!


These ADAS features can be largely classified under two major categories attributing to Active and Passive system features. Passive features summarize main alerting features that inform the driver of necessary road and care conditions such as rumbling on the steering wheel to alert the driver when his hands are off the steering wheel. This alerts the driver and lets him take an informed choice. Whereas active systems give out alerts to the driver well in advance and intervene if the driver does not take necessary action.


Now that we are aware of what ADAS is and what the current market offers, what could be in line for the future of this industry?


The current mechanisms even though drive a great amount of efficiency, drive up costs in the overall production. In a nutshell, the future aims to have increased demand and reduced costs. There are advanced features in the pipeline that allow two vehicles to communicate with each other. Various demonstrations and trials especially in the case of larger order vehicles are being experimented with to adapt to safer driving.


A recent demonstration of vehicle-to-vehicle communication (V2V) technology implementation showcased platooning in trucks, where the first vehicle in line on sensing danger, changed its course, and the following vehicles did the same!


Another potential future idea involved vehicle-to-infrastructure (V2I) communication. Real-world updates ranging from road conditions to weather are updated to the vehicles and informed course corrections are done by the vehicle.


Although the growth of ADA system innovation has garnered exponential popularity, the market has experienced restraints in moving forward with this technology on a large scale. One of the largest constraints involves scalability and its immense cost. Getting these systems into more factory-built vehicles requires many costs on many levels of compliance, safety standards, and more.


All of these sound like paving the way to autonomous vehicles on roads, and we are all still wary when it comes to trusting such technology with our lives! This is where the importance of our industry and the responsibility of calibration pays a huge role. Maintaining and ensuring quality standards with repetitive maintenance of the numerous sensors and other components that aid in making ADAS successful, is the core of any laboratory that focuses on calibration.


The journey to achieve a world of completely safe driving systems with fail-proof protection mechanisms is not far away. Continues efforts enabling mechanisms and advanced architecture developments on this front mean a safer driving environment, reduced accidents, and better trust on the roads for all of us.


If you wish to explore how a SaaS asset management system can help you track your assets effectively, signup for a free trial of tracefii - could based asset management platform.

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