The automotive industry is going through a major period of disruptive innovation. Connectivity and digitization are the most important trends which could influence the global automobile industry. Consumers want more connectivity, are focused on active safety and ease of use,and are increasingly using digital sources in making their purchase decisions. Companies which have spent decades perfecting the production of vehicles are now reinventing themselves as mobility services providers.
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Artificial Intelligence and Internet of Things are ruling the industry.
84% of companies are using AI to elevate performance, for many business functions beyond IT. While, IoT (Internet of Things) is helping people to make things connected. AI & IoT help companies to get better analytics and insights about the products they have developed and which is used by customers.