Automotive IT Consulting Solutions

It may take a while to comprehend that automotive is the  second most data-driven  industry in the world, but this stat says a lot about the transformation the automobile industry is undergoing. The growing inclusion of IoT and mobile technology in vehicles enables manufacturers and third-party service providers to collect a huge amount of data related to drivers, their destinations, the routes they travel through, traffic model, and much more. Here are the top digital transformation trends that would make the most impact on the automotive industry in 2020. Mobility to get connected In this contemporary era, customers aspire for a seamless connected experience. The dynamics of connectivity have changed in 2020. They have ventured far away from just a Wi-Fi connection at your home or office to their vehicles. The in-car experience is changing since passengers are now connected to their apps, music and entertainment on the go. Most OEMs have rolled out Wi-Fi connect...

As per the industry speculations, Electric Vehicle and Private Car Leasing would be the biggest contributors in the leasing market. With the future of mobility departing from fossil fuels, it’s evident  that the leasing industry is all set to experience a major transformation in coming time. Here are the factors that would shape the future of automotive leasing in 2020. OEMs migrating towards EV leasing There are two major factors behind automotive manufacturers focusing aggressively on electric vehicles for the leasing market because of two particular reasons. First, the rate of depreciation for EVs is higher when compared to their internal combustion engine counterparts. Hence, leasing saves customers from worrying about low resale value. Second, leasing enables the customers to switch their EV models regularly since a new electric vehicle is showcased in the automobile industry every now and then. Wider appeal of private leasing As the number of first car buyers ...