The importance of technology in our daily lives is undeniable

The importance of technology in our daily lives is undeniable. This is due to the fact that in today’s dynamic world, life without technology is meaningless and that the technology we create now creates the future. In fact, economic progress and sustainability can now be dictated by the extent of technology adoption, utilization and integration in every facet of human endeavors. With this, interconnection of devices becomes prevalence giving rise to the so called Internet of Things (IoT).
Internet of Things (IoT) is the fast emerging and becoming an almost basic necessity. IoT is a network of physical objects on things that are embedded with electronics, software and sensors having the ability to collect data from the world around us and share data across the internet 1. As a network paradigm it is implemented via wireless and wired connections with a unique addressing scheme where each object are able to interact and cooperate with other things/objects to create a new applications/services and reach common goals 2. The goal is to enable things to be connected anytime, anyplace with anything and anyone ideally using any path/network and service.
IoT is a new revolution of internet. It is one of the “critical” trends and technologies impacting IT for the next few years. IoT will provide solutions based on the integration of information technology which refers to the hardware and software that are used to store, retrieve and process data and communication technology which includes electronic systems used for communication between individuals or groups. In fact today, the rapid convergence of information and communications technology is taking place at three layers of significant technology innovations: the cloud, data ; communications pipes/networks and device 3.
Despite IoT popularity, the technology is still in a ground zero level in a new phase of Global transformation powers by technology. IoT is generating significant economic opportunities and reshaping the industries. This is so, because, the hype of IoT centers on consumers application and industrial application which may ultimately dwarf the economic side in potential business and socio economic impacts. Hence, IoT will transform and will redefine the industries, manufacturing sectors and services sectors.
Meanwhile, IoT already deliver connectivity to a broad range of devices which enable the development of innovative new services and applications. This new wave of connectivity is going beyond tablets and laptops; to connected cars and buildings; TV and games console; smart meters and traffic control, with the prospect of intelligently connecting anything and anyone.
This paper discusses the concept of ‘connected cars/vehicle’ or what is being described as the Internet of Vehicles (IoV). The concept of IoV is now redefining the focus of a car industries – the focus is now shifting to the car as digital platforms for a new services, similar to how smartphones transformed the mobile phone into a marketplace for a diversity of application.