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- Considering automotive digitalization, how much will the automotive industry spend from technology and software perspective? More than 1700 new digital startups are expected to disrupt the automotive industry supply chain. - Connected Supply Chain- Industrial Internet of Things and Industry 4.0- Connected and Autonomous Cars- Digital Retailing- Mobility as a Service (MaaS)The study, Digital Transformation of the Automotive Industry, analyzes the strategies, growth analysis, competitive landscape, business models, and future focus areas of original equipment manufacturers (OEMs) and Tier I suppliers. Digitalization in the automotive industry will have a spiral effect on other industries. In the year 2016, digitalization underpins the transformation of business activities, process improvements, and the development of new competencies and business models across five key pillars within the automotive industry.
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"As a result, the drivers of digital initiatives will change from CEOs, CIOs and the IT departments; by 2020, Chief Digital Officers will steer the strategic and digital initiatives of OEMs across luxury and economy brands." "Digital transformation will affect the entire automotive value chain, including design, production, distribution and retail, reshaping the traditional automotive business model. Robert Bosch, Harman International, Continental, Magneti Marelli and Denso are focusing on digital initiatives. "Automotive companies adopting custom digital initiatives after thorough analysis will be able to successfully leverage their software investments, access new markets, and easily adopt best practices." To know more about Frost & Sullivan's research and to sign up for our Growth Strategy Dialogue, a complimentary one-hour interactive session with Frost & Sullivan's thought leaders, please go to https://goo.gl/BVTJ4L [https://goo.gl/BVTJ4L].
IoT and technology research firm Frost & Sullivan has released a new report on Automotive Digital Transformation, and the company's analysts say the report indicates that the opportunities are just beginning. "Digital transformation will affect the entire automotive value chain, including design, production, distribution and retail, reshaping the traditional automotive business model. "Digital Transformation of the Automotive Industry," the recently released report from the Frost & Sullivan Future of Mobility Growth Partnership Service program, indicates that "digitalization spending" could drive the component hardware-driven automotive industry into focusing more on software and solutions for the foreseeable future. "Automotive companies adopting custom digital initiatives after thorough analysis will be able to successfully leverage their software investments, access new markets, and easily adopt best practices."Edited by Alicia Young "By 2030, the digitalization roadmap in the automotive industry will move from digital services to car-as-a-service (CaaS) to MaaS, making vehicles an element of a connected living solution," said Venkatraman.
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collected by :John Max
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From Hardware to Software: Automotive Digital Transformation offers Billion Dollar Opportunities
"As a result, the drivers of digital initiatives will change from CEOs, CIOs and the IT departments; by 2020, Chief Digital Officers will steer the strategic and digital initiatives of OEMs across luxury and economy brands." "Digital transformation will affect the entire automotive value chain, including design, production, distribution and retail, reshaping the traditional automotive business model. Robert Bosch, Harman International, Continental, Magneti Marelli and Denso are focusing on digital initiatives. "Automotive companies adopting custom digital initiatives after thorough analysis will be able to successfully leverage their software investments, access new markets, and easily adopt best practices." To know more about Frost & Sullivan's research and to sign up for our Growth Strategy Dialogue, a complimentary one-hour interactive session with Frost & Sullivan's thought leaders, please go to https://goo.gl/BVTJ4L [https://goo.gl/BVTJ4L].
IoT and technology research firm Frost & Sullivan has released a new report on Automotive Digital Transformation, and the company's analysts say the report indicates that the opportunities are just beginning. "Digital transformation will affect the entire automotive value chain, including design, production, distribution and retail, reshaping the traditional automotive business model. "Digital Transformation of the Automotive Industry," the recently released report from the Frost & Sullivan Future of Mobility Growth Partnership Service program, indicates that "digitalization spending" could drive the component hardware-driven automotive industry into focusing more on software and solutions for the foreseeable future. "Automotive companies adopting custom digital initiatives after thorough analysis will be able to successfully leverage their software investments, access new markets, and easily adopt best practices."Edited by Alicia Young "By 2030, the digitalization roadmap in the automotive industry will move from digital services to car-as-a-service (CaaS) to MaaS, making vehicles an element of a connected living solution," said Venkatraman.
read more visit us industry
collected by :John Max
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