Top Ten Technology Breakthrough in Automotive Industry in 2018
Top ten breakthrough in technology in automobile industry- analyzed by Maximize Market Research
Artificial Intelligence is going to predictive capabilities and machine learning into cars and vehicles, enabling drivers to personalize driving experience. It will automate the process of from setting up car seat to in-vehicle infotainment and application preferences. Cars’ service will be personalized accordingly through AI. Like voice commands, no need to push levers buttons etc..
Additionally, the few remaining things which we might need to set-up or configure ourselves will be configured through voice-commands. No more need to push levers and buttons, no more need to take our hands off the wheel. With AI becoming the new user interface, connected cars will become truly useful and integrated into our connected lifestyles.
Breakthrough in “in-vehicle” Artificial Intelligence
Applications in cars are not as sophisticated as in mobile, it makes majority of digital application almost useless. For example, if one’s home to office direction and road is fixed, car should navigate a software automatically.
If connectivity, computer power and data is there, what is missing? Means of interaction with data in seamless and smart ways to enhance the driving without distraction is missing. And artificial intelligence will change it.
Breakthrough in AI and algorithm solution will be the most important step in auto technology in 2018.
However, AI is not only some of the trends…
Cars to get smarter
Smarter cars will enable new digital services like predictive parking, predictive vehicle maintains will turn entire after sales business on its head.
For example, car or vehicle will predict when part is going to fail, book the maintenance slot, order spare part etc…
Self-configuring cars are expected this year that can predict drivers preferences, weather and road conditions and tweak their configurations like suspension setting accordingly.
A password for car
AI will be able to learn more about drivers and their preferences and well digital service will finally come to cars. Its digital identity management- user account and passwords for cars
More IOT and Cloud
OEMs will keep investing in IoT and cloud technologies in areas of supply chain management and information technology.
More connected cars and vehicles are expected to become high performing. Higher agility will be solved by investing in cloud infrastructure will lead to lower cost to manage demand fluctuations.
Analytics At The Edge
OEM to step up analytics: Capacities to extract value from large data are the key and it is still being built. It is being built in all the functions of OEM including manufacturing, marketing, and sales and after sales.
The Edge analytics, which is the capability of embedding analytics in routers and other edge devices, has started. However, self-driving cars are yet to be commercialize, edge analytics will consolidate its position in 2018.
Robots In The Back office
Artificial Intelligence will help OEMs streamline and automate many of their functions in areas of finance. HR, Marketing and Sales and in customer service as well
According to recent survey, AI is supposed to boost 39% productivity in manufacturing section.
Blockchain Makes an Entrance
IT and data security has become a big concern in digital world. Blockchain, the encryption solution using public “ledgers” to secure digital payments will be used to authenticate drivers, cars, car parts and data transmission and other parts of digitized auto industry.
Augmented Reality Everywhere
Virtual reality is expected to stay stay however, augmented and mixed-reality have proven much more useful. More AR will be used in construction, engineering, marketing and maybe even next-gen heads-up displays in cars.
And this shift is expected to boost the rise of new technology called digital twins or virtual 3D representations of physical products.
Fully self driving? Not yet…
Progress in self-driving technology is expected in 2018, however, the fully autonomous cars will not come in 2018. Level two and may be level three features in premium vehicles are expected in next twelve months like self parking or traffic jam assistants.
There are many challenges preventing higher levels in self-driven automation at the same time in most of the countries, drivers will not be allowed to use level three features, which they might have in their cars.
There are still numerous technical challenges preventing us from reaching higher levels, and then there’s regulation: In most countries drivers will not even be allowed to use the level three features which they might get in their new cars.
2018 is going to be the year for the Connected Car— but it will take some more time for self-driven cars