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DATA SCIENCE
IN
AUTOMOBILE
INDUSTRY
Gopikrishnan V Kaimal
2237008
DATA SCIENCE
• Data science is the process of drawing valuable conclusions from
huge data sets.
• Combining statistics, algorithms, and other scientific techniques a
ccomplishes this.
• This area has experienced tremendous growth in recent years, an
d numerous industries around the world have been successful
in utilizing the untapped potential of data science.
KEY AREAS
WHERE DATA
SCIENCE IS
USED IN THE
INDUSTRY
1. Product development
2. Supply chain
3. Manufacturing
4. Sales and marketing
5. Finance
Data science in product development
• Automakersuse data science
to analyzecar model
configurations,component
reliability,and conducttesting
in small scales before
implementingat the
manufacturinglevel.
• In addition, theyuse data
scienceto helprun simulations
of how thedifferent
componentsfunctionin thecar
designand analyze their
performance todetermine
whetherthe designis feasible.
Data science in manufacturing
• Data scientistshelpengineers
analyzedata fromoperations,
finances,and suppliersto
ensure thateach stepmoves
smoothlyand on time.
• For example,a teamof data
scientists mightfocus on the
performance ofcar part
suppliersto ensurethat they
are located in an economically
feasiblearea, are always able
to deliver componentson time,
and chargefair prices
according to industry
standards.
Data science in sustainability
• Automakersuse data science
to optimizefueland emissions
efficiency accordingto
government targetswhile
maintainingtheirsales and
profit targets.
• For example,a car brand can
usedata scientiststo minimize
thefuelconsumptionof their
vansand pickuptrucksand
determine theoptimized
numberof electriccars in the
productline.
Data science in sales and marketing
• Automakers use data
science to gather customer
information and forecast
customer behaviors.
• It improves the customer
journey by predicting the
future direction of customer
expectations, improving
product quality, and
personalizing the purchasing
experience.
AI in Automobile Industry
• Thenext generationof electricandlow-
emissionautomobiles is being created
withthe aidof AI, accordingto engineers.
• Automotiveexperts can createmodels
thatexactly replicateevery partof the
vehicle designandtest the vehicle in
realistic,dynamiccircumstanceslong
before it is producedthanksto artificial
intelligence for automobiles.
• Manufacturerslike BMWuse AI-powered
robots to build custom carsand
autonomously transportmaterialswhile
avoidingmoving objectsandpeople.
• AI is being widely usedfor qualitycontrol
measures.
CONCLUSION
• In response to changes in
government policies,the
economic landscape,and
consumer preferences,key
playersin the auto industry are
shifting all aspectsof how they
operate. To remain competitive in
the industry, automakers are
leveragingdata sciencein three
key areas:
1. Product offerings
2. Operations
3. Customer engagement
THANK
YOU

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Data Science in Automobile Industry1.pptx

  • 2. DATA SCIENCE • Data science is the process of drawing valuable conclusions from huge data sets. • Combining statistics, algorithms, and other scientific techniques a ccomplishes this. • This area has experienced tremendous growth in recent years, an d numerous industries around the world have been successful in utilizing the untapped potential of data science.
  • 3. KEY AREAS WHERE DATA SCIENCE IS USED IN THE INDUSTRY 1. Product development 2. Supply chain 3. Manufacturing 4. Sales and marketing 5. Finance
  • 4. Data science in product development • Automakersuse data science to analyzecar model configurations,component reliability,and conducttesting in small scales before implementingat the manufacturinglevel. • In addition, theyuse data scienceto helprun simulations of how thedifferent componentsfunctionin thecar designand analyze their performance todetermine whetherthe designis feasible.
  • 5. Data science in manufacturing • Data scientistshelpengineers analyzedata fromoperations, finances,and suppliersto ensure thateach stepmoves smoothlyand on time. • For example,a teamof data scientists mightfocus on the performance ofcar part suppliersto ensurethat they are located in an economically feasiblearea, are always able to deliver componentson time, and chargefair prices according to industry standards.
  • 6. Data science in sustainability • Automakersuse data science to optimizefueland emissions efficiency accordingto government targetswhile maintainingtheirsales and profit targets. • For example,a car brand can usedata scientiststo minimize thefuelconsumptionof their vansand pickuptrucksand determine theoptimized numberof electriccars in the productline.
  • 7. Data science in sales and marketing • Automakers use data science to gather customer information and forecast customer behaviors. • It improves the customer journey by predicting the future direction of customer expectations, improving product quality, and personalizing the purchasing experience.
  • 8. AI in Automobile Industry • Thenext generationof electricandlow- emissionautomobiles is being created withthe aidof AI, accordingto engineers. • Automotiveexperts can createmodels thatexactly replicateevery partof the vehicle designandtest the vehicle in realistic,dynamiccircumstanceslong before it is producedthanksto artificial intelligence for automobiles. • Manufacturerslike BMWuse AI-powered robots to build custom carsand autonomously transportmaterialswhile avoidingmoving objectsandpeople. • AI is being widely usedfor qualitycontrol measures.
  • 9. CONCLUSION • In response to changes in government policies,the economic landscape,and consumer preferences,key playersin the auto industry are shifting all aspectsof how they operate. To remain competitive in the industry, automakers are leveragingdata sciencein three key areas: 1. Product offerings 2. Operations 3. Customer engagement