The Automotive industry is undergoing a stage of continuous advancement. Soon the familiar four wheeler, engine- running model will not even represent the model of a car. From tech giants and mobility providers to original equipment manufacturers (OEMs), every party involved in the automotive industry is busy adding to the competition.
Different technologies have contributed in changing the shape of the automotive industry. Here are the top 5 technologies that have, indeed proved to be disruptive in this regard:
1. OEMs
Every car manufacturer, who is serious about their business will vouch for the importance of OEMs. Tech giants are creating new OEMs to enhance the user experience of the customers. This has been a turning point in the history of automotive industry.
2. Connectivity
The world is now constantly connected. Every app, system, and technology works online. Automotive industry is no different either. From GPS to switching off heat, the experience of a car ride has changed almost altogether.
3. Car Sharing Services
Another game changer in the world of automotive has been the car sharing services. Services such as Uber have affected the industry greatly. More and more people are leaving the cars they own in favour of such services.
4. Automation
Self-driving and driverless driving are not a part of sci-fi anymore. The dream has been realised and such cars are going to be available, maybe not to the masses as yet. Elon Musk’s Tesla has definitely changed the shape of the automotive industry.
5. IoT
Internet of things has changed the automotive industry by efficiently generating readable data about the business. This valuable log of information is used by the manufacturers to identify supply demand and also for better logistics.
Now that you know about the aforementioned technologies, share it among your peers.
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