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Frost & Sullivan Webinar Explores Automotive Data Monetization Pricing and Business ModelsLONDON, March 14, 2018 /CNW/ -- Frost & Sullivan, the growth partnership company, announced today that it will host a live, complimentary Growth Innovation Leadership (GIL) briefing titled, "5 Ways To Monetize Data in the Auto Industry," on Wednesday, 21st March 2018 at 1:00PM EDT. The webinar will offer Frost & Sullivan's expert insight from Archana Vidyasekar, Global Research Manager, and Niranjan Manohar, Program Manager, Global Automotive & Transportation Research Team at Frost & Sullivan. The connected car of today generates data from at least 200 different sensors within the vehicle and can profile everything from your location to driving habits. It can also monitor the use of vehicle features such as the temperature in your car and the weather in your surroundings. These data points can typically provide more than 140 viable use cases, but only 15% of these use cases are monetized. If all the connected vehicles with the ability to capture certain data types were monetized, the overall opportunity would amount to $33 billion by 2025. Though use cases can be grouped under usage-based insurance (UBI), autonomous vehicles (AVs), crash reconstruction, and location and mapping services, there are several untapped dark horses. "Data monetization business models are still in the nascent stage," said Niranjan Manohar, Program Manager at Frost & Sullivan. "Willingness to pay will become the key variable that will determine pricing benchmarks for data products as data-led transformations are inevitable considering the increasing number of digital tochpoints and evolving use cases." Join us to gain a more comprehensive understanding of the different data monetization business models being discussed in the automotive industry and the different pricing models being evaluated in order to tap into growth opportunities. Expert Insight You Don't Want to Miss:
For more information and to register for the webinar, please click here. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion Press Contact: Kristi Cekani
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