the five pillars of digitisation that will transform the automotive industry

The rapid pace of digitalization is changing component hardware
Software-driven automotive industryand solutions-
Consumer expectations and demands for new and innovative services are accelerating key industries with changing digital lifestyles.
The future digital roadmap for the automotive industry is expected to quickly shift from \"digital services\" to \"automotive-as-a-
\"Mobile\" serviceas-a-
So by 2030, cars will be part of a connected life solution.
Source: Frost & SullivanIn\'s recent Frost & Sullivan event in collaboration with IBM, and the digital head of major OEMs and suppliers on the eve of the Paris auto show, concluded that by 2020, the Internet
The connected vehicle will be the first application to transmit more than 350 KB of data per minute.
The event determines that the digitization of the automotive industry can be defined around five key pillars: It is believed that most of the savings and early potential will be in the connected supply chain, in this supply chain, automakers with the largest sales can save up to $1 billion a year.
In the future interconnected supply chain, the combination of IoT data and analysis can provide a common platform for manufacturers.
Time visibility promotes greater flexibility in interdependent, collaborative, dynamic response, and integrated disruptive innovation.
One area where the impact of digital disruption will be particularly common is the split of the automotive retail network.
The future of auto retail will transition from trading concept to experience --
Build models using digital tools throughout the customer journey.
Car companies are expected to sell cars online (
Just like BMW started in the UK)
Retail auto parts through market model (like eBay)
, Direct sales through their own website (e. g.
BMW and Ford in Germany will follow suit. com)
And an electronic service aggregation model will also be provided in which the car will notify you before the part fails and allow you to base on location-
Select a specific location for the replacement/repair service based on the service.
The roundtable also discussed the possibility of future car transformation to mobile platforms.
The transaction will be based on the time and mileage covered.
Most European OEMs are already serving cars (CaaS).
Internet of Things (IoT)
Has changed the customer experience, enhanced operations and disrupted careers, businesses and even the industry as a whole, \"said Sanjay Brahmawar, Watson IoT IBM Global head and management partner strategy business development, and co-operation
Moderator of the debate.
The future of mobile consists of technologyenabled, door-to-door, multi-
Including pre-modal traveltrip, in-trip and post-
Travel services to enhance the user\'s travel experience.
The automotive industry will be in the leading position in the field of industrial internet of things (IIoT)or Industry 4.
It is usually called 0 in Germany. Industry 4.
0 is a framework that will enable the combination of technology, collaborative practice, process innovation and create great value potential in future factory workshops.
Application cases such as 3D printing, robotics, collaborative IT can help automakers strengthen product design and change the inefficient situation of traditional production and supply chain.
As demand in the automotive industry shifts toward complex products, shortest lead times, raw materials, and custom products, most industry participants will certainly adopt this shift on a large scale.
The event identified a diversified digital strategy, including several elements such as business intelligence analysis, automotive platforms, and the Internet of Things (IoT)
Deep learning and artificial intelligence (AI)
It will help to increase the profit of car manufacturers.
Digital head, a carmaker, admits that the industry is developing \"software-
Based on everything \", from human interface tools, excessivethe-
Aviation and security software, the increasing diversity of high-definition maps to automakers, as well as offering their own mobile services.