Search results for: 'Procurement Digital Transformation Road Map'

The global automotive industry is being completely redefined, from what goes into an automobile to how raw material is mined for production. Every underlying tenet of the industry is changing as the world strives toward sustainability, consumer preferences evolve, and data grows in abundance and significance. This comprehensive Frost & Sullivan...

A digital twin is a virtual replica of a product, system, or process. Geopolitical tensions arising as a result of the COVID-19 pandemic, trade disputes, wars between countries, and other factors have prompted automakers and their suppliers to employ digital technologies to minimize operational disruptions, reduce costs and resource utilization, re...

This study analyses automotive industry trends from 2016 to 2025 offering a holistic view of the road to autonomous vehicle technology. The ADAS and safety section covers the evolution of and trends for lane departure warning, power assisted steering, and adaptive cruise control. In the connected car systems section, technologies used by OEMs and s...

16 Jul 2019  |  North America  |  Market Research

Digital KPIs Transforming the Automotive Industry

Customer-centric Metrics at the Forefront of Performance Assessment as Companies Embrace Digitization and Expand into New Monetization Avenues

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The automotive industry as we now know it is undergoing a distinct, irreversible shift. Nothing is the same it was five years ago. Companies continue investing in new technologies that will enhance their customer-facing applications and their internal efficiencies. However, when it comes to measuring their performance as an organization or to asse...

14 Jun 2021  |  Global  |  Market Research

China Belt and Road Initiative Growth Opportunities

CBRI to Ensure the Construction of Record-breaking Rail Routes, the Transformational Growth of Smart Cities, Smart Ports, Smart Highways, IoT and Cloud-enabled Smart Logistics Services, and the Proliferation of Mega Trucks and Mega Ships

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In 2013, China initiated the China Belt and Road Initiative (CBRI) to connect Asia, Europe, and Africa through a series of land and sea routes which would ensure greater connectivity and promote commerce between China and the rest of the world. China has aggressively promoted this endeavor that seeks to reestablish a series of trade routes similar ...

The aim of this study is to research, analyze, and forecast digital retailing in the automotive industry. Digital retailing is creating a revolution in the way cars are being sold or the way a brand is being experienced in prime areas of a city. The research identifies retail strategies and opportunities for future growth of automotive original equ...

Driven by behavioral, city-related, or technologies trends, shared mobility is set to generate several opportunities. Technology has changed the way people move from point A to point B, over the last decade. Transportation services have become more connected and shareable with the rise of platform apps. Over the next decade, this technology-led ...

30 Jun 2022  |  Global  |  Market Outlook

Global Automotive Outlook, 2022

Automotive OEMs Prioritizing Supply Chain Recalibration, Digital Transformation, and Sustainability to Accelerate Growth

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Rebounding from the pandemic-related disruptions of 2020, the global automotive industry registered a healthy 5.3% increase in sales, with 81 million in unit sales in 2021. Toyota led global OEM sales, recording a growth rate of 13.9%, selling 9.9 million units. Despite the positive recovery trends in the global economy and vehicle sales, the Ru...

The growth of digital tools and technologies has created new business models for the automotive industry. Today's automotive OEMs are shifting from selling cars to providing mobility solutions by exploring opportunities in several markets, such as electric vehicles, connected and autonomous mobility, and others, to create revenue opportunities. Thi...