Once a mere dream is now turning into a reality in the automotive industry. This sector does not restrict to the moving vehicles only, it is more about intelligence, smartness, eco-friendly, and the interconnected devices that provides convenience and promotes automation. The automotive companies aim to deliver innovative engineering solutions in a cost-effective package; with adhering to the compliance and security policies, these modern vehicles are enhancing the traveling experience.
Emerging technologies like AI, IoT, and Blockchain are transforming the cars into connected vehicles to escalate the driving and the riding experience for the customers. An added advantage is that these innovations are enhancing the safety of the vehicles and also smooth the way for safer roads. As the nations are more focused on adopting eco-friendly measures, one of the technological advancements that have become more prevalent in today’s time is the industries’ inclination towards the increased production and selling of electronic vehicles.
What about AI applications in the automotive industries? One might think of AI’s contribution in self-driving cars only but what’s more, is that it keeps one connected and safe even when they are driving themselves; with the deployment of AI and electric vehicles autonomous driving has become a reality. The integration of all the sensors and the intercommunication amid the various vehicles brings an extensive amount of data concerning the traffic congestions and other such patterns. Leveraging analytics on this data can help in escalating the safety of the roads focusing on driver behavior. AI is here to assess and assist the manufacturing process of vehicles, how inventory is managed and how the improvement process should be carried forward. The technology is best-known for its efforts in contribution in detecting fraudulent activities or defects in the systems way better and faster than what humans do; AI can be used for demand forecasting which can reduce the inventory costs.
Manufacturers are all set to welcome automation in technologies with the hope of enhancing productivity. They understand that a technology-driven change is essential and for that, they need to revamp and move the organization towards that change. Also, regular monitoring and evaluating the standards of technology and improving them whenever required are other essentials. All these factors have demanded an increased presence of automotive solution providers in today’s marketplace.
Manufacturers today need to understand the different solution providers that they can partner within their mission to bring up the most innovative vehicles for consumers. To facilitate CIOs in their quest to find the best partners, a panel of prominent CEOs, CIOs, VCs, analysts, along with the CIO Applications editorial board has assessed scores of automotive solution providers and picked out a list of prime choices. We have considered the vendor’s ability in designing and building advanced automotive solutions that cater to the manufacturers' needs, at the same time adding to its functional and productive flair. We present to you CIO Applications’ “Top 10 Automotive Solution Providers - 2018.”
