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Telematics refers to the transmission of information to and from assets using telecommunication networks. The field of telematics originated with the introduction of the Global Positioning System (GPS), used by the US military. It was opened to public usage in 1985 and saw simple applications such as panic buttons, installed in vehicles for reporting emergencies. Telematics has evolved beyond these initial applications. Today, telematics has the potential to revolutionize the automotive industry with applications that were not possible till now. Telematics has always involved transferring information from assets to a computational unit that extracts insights from the information and either makes it available to the end user or uses it to control other assets. Earlier wires were used for this exchange, but with the advent of modern telecommunication techniques such as Bluetooth and cellular networks, the exchange can be …