Tag: Automotive and Manufacturing

Key Takeaways:

1. Huge data volumes in today’s vehicles can be analyzed for new revenue opportunities
2. Today’s world of multi-modal, software-driven transportation expands the potential
3. Organizations can explore subscription packages, targeted offers and smart maintenance
4. Effective technology behind the scenes is key for effective implementation

More and more industries are uncovering ways to generate data, and then create economic value from that data. And given that there could be as many as 900 million connected cars on the world’s roads by 2030, the automotive sector has a golden opportunity to tap into this rich revenue stream.

Every single one of these connected vehicles has the ability to produce as much as 25GB of data every single hour. And through strategies like data services, access sales, and targeted advertising, this data could potentially deliver hundreds of dollars of revenue and cost savings per vehicle per year.

In this blog, we’ll explore how automotive data monetization works in practice, including the vital role that vehicle equity mining has to play.

Continue reading “Unlocking New Revenue Streams Through Automotive Data and Equity Mining”

Key Takeaways:

1. AI adoption is growing across vehicles and supply chains
2. AI enhances safety, efficiency, and profitability in fleet operations
3. Key concerns around safety, data security, and system integration should be addressed
4. A phased, expert-led approach is the best way forward

Since GPS, Bluetooth and parking cameras became commonplace on cars in the 2000s, technology has gradually assumed an increasingly dominant role in the automotive industry.

Continue reading “2025 & Beyond: Transforming the Automotive Industry with AI-Powered IT Solutions”

Key Takeaways:

1. Multi-channel eCommerce is essential for maximising retail sales opportunities
2. Selling across channels boosts customer experience and builds market resilience
3. Channels can be tailored to suit different customer demographics
4. Centralized management and automation are technical keys to success

Multi-channel eCommerce, where products are sold on multiple online channels simultaneously, is more important in online retail than ever before. This is not only because multi-channel strategies expand potential customer base and product visibility, but also because they help retailers meet growing consumer demand for seamless interactions across websites, apps, social media and other sales platforms.

Continue reading “Why Multi-Channel Operations Are Your Next Big Win”

Key Takeaways:

1. AI deployments will expand as public interest in autonomous vehicles grows
2. Smarter vehicles will make driving safer and more efficient
3. Personalization will help transform the in-car experience
4. Global standards and collaboration will coordinate innovation

2025 Automotive Predictions: AI and Machine Learning Innovation

The use cases of artificial intelligence (AI) and machine learning (ML) are expanding all the time, and the automotive sector is beginning to take full advantage of the opportunity. No surprise, therefore, that the size of the global market for AI in the automotive sector is set to increase by 55% year-on-year between 2023 and 2032.

Continue reading “2025 Automotive Predictions: AI and Machine Learning Innovation”

As the automotive industry embraces digital transformation, the demand for seamless, efficient, and personalized customer interactions has never been higher. AI-driven virtual assistants and chatbots are redefining how businesses connect with their customers. From answering inquiries about new and used cars to streamlining service bookings, these technologies are transforming the customer journey. 

Continue reading “The Increasing Role of Virtual Assistants and Chatbots in Revolutionizing Automotive Industry”