Trends In Automobile Industry
The automotive businesses are adopting new technologies that speed up innovations and recent trends at intervals.
Let's discuss some trends –
1) Artificial intelligence – Al technologies like deep learning and machine learning are taking part in a significant role in the automotive business. Computing permits extremely machine-driven driving, which will remodel future quality.
NAUTO: This Company supported in 2015 and headquartered in California, United States. It holds the ability of AI to develop driverless cars and produce different firms within the business to optimize their vehicles.
WAYMO: Firms like Waymo employ this computing to develop camera pictures for simulation by exploiting device information collected by its self-driving cars.
Autonomous vehicle firms like Waymo use simulation environments to coach, test, and validate their systems before those systems are deployed to real-world cars.
2) Blockchain- Blockchain is probably going to become indispensable for the automotive business in years to come back to create these next-generation cars a reality.
IBM – With ZF and UBS bank, IBM has announced a partnership to implement Blockchain e-wallet service to make payments even between vehicles, enabling cashless, micropayments for tools, congestion fees, parking charges, and electric charges delivered through IBM cloud.
Some of the features in Blockchain like real-time reliability, transparent irreversible, digital and immutable makes innovations in the automotive industry easy.
3) Big Data- Predictive analysis helps companies in the automotive industry analyze and take timely steps to better the vehicle's health. Studies show that usage of big data in this industry helps increase customer satisfaction experience and control measures.
Some applications of Big data in the automobile industry-
1) Supply chain management
2) Predictive analysis
3) Automobile financing
4) Connected cars
4) Cloud computing- Cloud computing can fasten data processing and storage speed faster and better in the automotive industry. It reduces the risk of data loss. Certified experts manage every cloud environment.
Advantages are given by cloud computing-
1) System performance – Service like GPS requires continuous data flow and uninterrupted services. All this can be possible due to cloud computing.
2) Safe Environment- Data is the biggest key, and keeping it safe is one of the primary aspects of the cloud. Thus, it avoids the risks of loss of data.
5) Internet of things – Remote control and management are critical solutions provided by IoT to companies that tailor services to their customers and respond in real-time. Tesla is using IoT in self-driving cars operations to avoid accidents and reduce the pressure on drivers with the help of different sensors and cameras. Internet of things and Artificial intelligence is said to be the future of the automotive industry.
KIA Seltos has its WIFI and navigation system connected via a smartphone application and provides you with the feature to start your car remotely with a smartphone.
By - Roshni Asati
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