Automotive IOT focuses on emerging and disruptive technologies in the automotive industry such as Digital Transformation, Data monetization, Automotive Cybersecurity, Blockchain, emerging IOT platforms etc. OEMs and Tier-Is have realized that digitalization along with IoT, technology partnerships, software capabilities, and customized solutions will be the way forward for global automotive industry between 2018–2025. Digital transformation initiatives are expected to disrupt every industry and automotive value chain is not an exception. The rapid pace of digitalization will transform the component hardware-driven automotive sector to a software and solutions-focused industry, accelerated by consumers’ evolving digital lifestyle expectations and demands for new and innovative services.The bottomline is that new business models will focus on data, mobility, connectivity, and customer centricity along with cybersecurity.
The Frost & Sullivan Automotive IoT Program Area looks at digital and disruptive technologies which helps startups, Tier 1s and OEMs in developing new business models and digital solutions. Some of the key focus areas are provided below-
- Automotive Digital Transformation and Data Monetization
- Evolving business models, key disruptors, Technology innovation and Strategic Analysis
- Dedicated focus on technologies like Automotive Cybersecurity, Blockchain, Cloud solutions, Big data analytics, Dealer Management Software(DMS), Industry 4.0 and IoT platforms
Business Focus: Competitive landscape, Geographic trends, Technology roadmap and Pricing analysis
04 Dec 2018  |  Africa
The Key to a Sustainable Source of Fuel for Transport
The South African electric vehicle (EV) market is still in its infancy, but is expected to grow at a slow but steady pace over the next five years. South Africa’s automotive sector is currently ranked 23rd in terms of manufacturing and is a key player in the international automotive value chain. The EV market is currently restrained due to a vari...
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