Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
IIoT Architecture Standardization to Create a $90 Billion Opportunity by 2021
save 15 %
* Required Fields
Pay by invoice
Industrial Internet of Things (IIoT) can be leveraged to transform the production aspect and future potential of the automotive manufacturing business. While evolving technologies play a key role in fostering the automotive business, it becomes crucial for automotive manufacturers to stay connected in order to amalgamate different technologies like machine learning, Big Data, sensor data, machine-to-machine communication, and automation. This will make the best use of IIoT, which would in turn result in gaining a competitive edge and open new revenue streams for the auto makers in the market. Primary factors, like boosting operational efficiency, increasing productivity, and reducing the complexity of process in the industry plays a vital role in the adoption of IIoT by auto makers. Industrial Internet strives to create a connected enterprise by combining the information and operation department of the production facility. Cognitive systems and real-time analysis can interpret data from systems and components to valuable insights, with which automotive manufacturers can use it to improve the reliability of their output. This not only ensures quality but also improves overall efficiency while supporting manufacturers in introducing new value-added services to customers. Automotive manufacturers are implementing IoT concepts to create automated and seamless transactions in their production process by deploying sensors, initiate communication with multiple devices, and implant advanced analytics solutions to derive actionable insights. Auto makers need to take multi pronged approach to create relevant business model that embraces IoT-enabled capabilities. Apart from this, maintaining and updating complex systems from in-house/remote locations, possible cyber attacks over the connected networks, adhering to standards of local networks for bandwidth and latency, maintaining process integrity and IP protection, and making immediate investments in evolving technologies are possible challenges to IIoT adoption in a manufacturing facility. However, continuous monitoring of transformation needs would help the auto maker develop a proactive approach to overcoming these challenges.
Key Issues Addressed
Global Overview of Blockchain Technology in Construction and Mining Equipment, Forecast to 2023
Global Automotive Customer Relationship Management Market, Forecast to 2025
South African Electric Vehicles Market, Forecast to 2022
Global Automotive Cybersecurity Market, Forecast to 2025
CES Automotive and Transportation Highlights, 2018
Future of Big Data Analytics, Related Business Models, and Automotive Use Cases, Forecast to 2025
Blockchain Technology Revolutionizing Automotive Industry
Strategic Analysis of eRetailing in the Global Automotive Aftermarket
Disruptive Satellite Communication in the Automotive Industry
Automotive Industry IT Spending—CIO Focus, Trends, and Highest Growth Areas
neurology devices market
composite materials market
smart wearables market
smart grid market
smart lighting market
consumer electronics market
alternative energy market
solar panel market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.