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Digital Outlook: Automotive Industry

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Infosys commissioned an independent market research company, Vanson Bourne, to investigate the use of digital technologies and key trends in nine industries. We surveyed 1,000 senior decision makers from business and IT, from large organizations with 1,000 employees or more and annual revenue of at least US$500 million.

The report aims to discover:
a) the surging tide of digital technology adoption in organizations – what is used and where?
b) the promised land of digital technology use, and the hurdles organizations face to get there
c) the biggest disruptive digital trends within the next three years and why organizations see them as vital to future success

The summary here presents the survey results and highlights the digital outlook that will define the automotive industry strategy over the next three years.

Published in: Automotive
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Digital Outlook: Automotive Industry

  1. 1. www.infosys.com DIGITAL OUTLOOK AUTOMOTIVE INDUSTRY …
  2. 2. DIGITAL OUTLOOK AUTOMOTIVE INDUSTRY 2 THE RESEARCH … 1,000 Senior IT and business decision makers were interviewed from organizations, which use digital technologies, with 1,000+ employees and US$500M or more global annual revenue. Survey covered a range of industries, across Australia, China, France, Germany, India, the UK, and the US. The research investigates the use of digital technologies and key trends in nine different industries, namely, automotive, banking, consumer packaged goods, healthcare, industrial manufacturing, insurance, life sciences, retail, and utilities. The study reveals • The surging tide of digital technology adoption in organizations - what is used and where? • The promised land of digital technology use, and the hurdles organizations face to get there • The biggest disruptive digital trends within the next three years and why organizations see them as vital to future success
  3. 3. DIGITAL OUTLOOK AUTOMOTIVE INDUSTRY 3 TOP AUTOMOTIVE TRENDS THAT WILL MAKE MOST IMPACT WITHIN NEXT THREE YEARS … The three trends receiving most mentions, as making a positive impact on the business, show that automobile companies are quite focused on the revolutionary and disruptive digital trends that are sweeping their business. 1 Digital supply chains 2 Clean technologies 3 Autonomous vehicles
  4. 4. DIGITAL OUTLOOK AUTOMOTIVE INDUSTRY 4 DIGITAL TECHNOLOGIES THAT AUTOMOTIVE INDUSTRY USES THE MOST … Automotive companies utilize six digital technologies on average. The most deployed technologies in the industry are: 71% Artificial intelligence 66% 3D printing 57% Cyber security 57% Enterprise cloud 55% Big data analytics 46% ERP and enterprise application implementation/modernization
  5. 5. DIGITAL OUTLOOK AUTOMOTIVE INDUSTRY 5 KEY GOALS OF IMPLEMENTING DIGITAL TECHNOLOGIES … For automotive manufacturers, the most important purpose of implementing the digital technologies is to improve existing business operations and then to solve new business problems. 3D printing 68% are implementing it to improve existing business operations 41% to solve new business problems 38% to create new opportunities Cyber security 67% are implementing it to improve existing| business operations 57% to solve new business problems 33% to create new opportunities Enterprise cloud 63% are implementing it to improve existing business operations 46% to solve new business problems 33% to create new opportunities Artificial intelligence 54% are implementing it to improve existing business operations 54% to solve new business problems 49% to create new opportunities
  6. 6. DIGITAL OUTLOOK AUTOMOTIVE INDUSTRY 6 THE AREAS THAT ARE ATTRACTING INVESTMENTS ARE… … 67% Richer, connected cars 65% Digital supply chains 55% Direct to consumer data collection, analyses, and insights 66% Autonomous vehicles 56% Smart factories …BUT The automotive industry will need to improve both existing skills and technologies in preparation for implementing the top trends within the next three years. A greater proportion of respondents from Europe - Germany (88%) and France (67%) - said they were investing in environment-friendly automotive technologies than the industry average (50%).
  7. 7. Copyright © 2018 Infosys Limited Your journey to being more digital extends from core modernization to customer delight. To steer through that path purposefully, write to us. … Write to Us
  8. 8. Copyright © 2018 Infosys Limited Thank You … Visit Infosys.com/digital-outlook to find out more about the digital outlook that will be driving the automotive industry strategy in the next three years.

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