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The business telephone system, commonly referred to as a private branch exchange (PBX), predates the invention of the Internet, Ethernet and the personal computer. As such, legacy PBXs were always deployed on dedicated infrastructure. The call-control manager was a standalone hardware server or appliance serving as the bridge between the PSTN and h...

Vehicle manufacturers are looking at lighting solutions to create an identity for their brands. The LED lighting technology brings more flexibility to design front and rear lighting systems. Demand for these systems is increasing because of the LED solution and the growing awareness among consumers regarding the importance of adaptive lighting solu...

Frost & Sullivan’s Medtech and Imaging programs explore, articulate, and address the medical industry’s most pressing questions related to growth. The programs focus on core segments such as care delivery, care management, imaging informatics, intelligent imaging, and business models. They independently review and identify companies that are produc...

This Frost Radar plots 14 Growth and Innovation leaders in the content security and anti-piracy services industry that offer services primarily oriented to a media and entertainment customer base and prioritizing video content. The Frost Radar is a robust analytical tool that benchmarks companies' innovation focus and growth performance in an...

The global digital financial services industry is undergoing a structural transformation, driven by autonomous AI, embedded finance, blockchain-enabled value chain compression, and geopolitical fragmentation of payment systems. These shifts create opportunities for cost reduction, faster decision-making, and scalable platform-based growth, while in...

This Frost & Sullivan report on the global school bus industry provides an in-depth analysis of the growth environment, global trends, and an extensive examination of the school bus space segmented by region. The global school bus industry is expected to grow at a 4.1% rate as market demand experiences a rebound after the pandemic, with replacemen...

This study analyses trends and market engineering measurements in the global electric vehicles lithium ion batteries chemicals and materials market during the 20102020 period. Also included is an overall market overview, analysis of the market dynamics, revenues, market shares, volumes demand (based on in-house Frost & Sullivan electric vehicles s...

22 Aug 2016  |  North America  |  Market Research

Automotive Industry IT Spending—CIO Focus, Trends, and Highest Growth Areas

By 2020, IT Spending by Automotive Companies to Reach $80.05 Billion

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Growing digitization, connectivity, cloud computing, dynamic customer preferences, Internet of Things (IoT), cybersecurity, and increasing automation are the key trends driving the automotive industry to invest in IT. Automotive OEMs, Tier I suppliers, and automotive ecosystem participants invest in key focus areas including Industry 4.0, digital r...

This Frost & Sullivan Global Connected Vehicle Market Growth Outlook examines the key strategies, growth drivers, and challenges shaping the future of mobility. The move toward software-defined systems and over-the-air (OTA) updates is becoming more important than hardware. There is also growing demand for seamless connectivity in autonomous vehicl...