Autonomous and connected cars have already been trialed on the streets of many countries over the past half-decade. Advancements in artificial intelligence (AI) and the internet of things (IoT) have made way for the surge in the trialing and adoption of autonomous vehicles. It has been forecasted that by 2021, over 380 million connected cars will take to the streets. In fact, after the smartphone and the tablet, the connected car has been deemed as one of the most rapid-growing technological device.

Read more: Connected and autonomous cars: Balancing morality and regulation

The term IoT (internet of things) is widely recognized, and activity in the market to develop and install IoT solutions has grown exponentially over the last decade. The use of IoT for business operations has already been proven to deliver immense value. In spite of this success, there are increasing instances of IoT project failures. For a variety of reasons, it is estimated that nearly three-quarters of all IoT projects started will not be considered successful by the organizations using them.

Read more: Overcoming the challenges of IoT

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