Automobiles today already generate a huge amount of data regarding the vehicle. However, this data is largely stored locally. Using big data and analytics, this data can be aggregated centrally and analyzed for insights in design and production, operational efficiency, workforce optimization, predictive maintenance, supply chain improvement, timely response to vehicle engine performance, remote software update, and to gather inferences regarding consumer behavior. The future belongs to autonomous driving and big auto makers such as Ford, Toyota, Tesla, Audi, BMW are already spearheading the revolution.
Inteliment bring a Data Innovation partnership to Automotive companies that combine our Business & Technology Solutions, Partner Eco-system, Decade long Proven Track Record of Customer Success and Execution Capability to deliver you an assured Business Value.
According to McKinsey Global Institute, widespread adoption of Big Data Analytics could increase GDP of manufacturers and retailers by $325b, by 2020.
For 2020, the installed base of Internet of Things devices is forecast to grow to almost 31 billion worldwide. By 2020, there will be 50 billion+ connected devices
A recent Gartner survey showed that 59% of organizations are still gathering information to build their AI strategies, while the remainder have already made progress
Global spending on the business intelligence (BI) and analytics software is forecast to reach $22.8 billion by 2020 if it continues the present CAGR of 7.5%