One of the most notable trends in automotive is the near-universal integration of connectivity in new vehicles, with Expeditors projecting this to be at 96% of new inventory by the turn of the decade. This surge in digitization is not just reshaping customer experiences but also revolutionizing business models, creating novel revenue streams within the vehicle’s digital ecosystem. Issues such as autonomous driving, data sharing and security, and advanced safety features tied to regulatory compliance are becoming ubiquitous in the automotive space.
The emergence of the software-defined vehicle (SDV) is a testament to the industry's dynamic nature, further intensified by new regulatory demands, unpredictable supply chains, and diversified competition.
In our observations of the industry and its trends, four core challenges in work and process management that must be addressed and reimagined have emerged:
- Remediation of Technical Debt: How to balance the need to deliver optimized vehicle software and its technology-related challenges with capacity and resource management.
- Scalability and Speed: How to move faster at scale and improve alignment between physical and digital teams for seamless integration.
- Improving Strategic Decision-Making: How to innovate and pivot quickly to anticipate customer expectations and market shifts.
- Risk Reduction: How to acquire ease of visibility into resource capacity and financial costs to respond adeptly in a complex regulatory environment.
Dive deeper into this whitepaper to learn more about our comprehensive analysis of the intricate dynamics shaping the automotive marketplace.
One of the most notable trends in automotive is the near-universal integration of connectivity in new vehicles, with Expeditors projecting this to be at 96% of new inventory by the turn of the decade. This surge in digitization is not just reshaping customer experiences but also revolutionizing business models, creating novel revenue streams within the vehicle’s digital ecosystem. Issues such as autonomous driving, data sharing and security, and advanced safety features tied to regulatory compliance are becoming ubiquitous in the automotive space.
The emergence of the software-defined vehicle (SDV) is a testament to the industry's dynamic nature, further intensified by new regulatory demands, unpredictable supply chains, and diversified competition.
In our observations of the industry and its trends, four core challenges in work and process management that must be addressed and reimagined have emerged:
- Remediation of Technical Debt: How to balance the need to deliver optimized vehicle software and its technology-related challenges with capacity and resource management.
- Scalability and Speed: How to move faster at scale and improve alignment between physical and digital teams for seamless integration.
- Improving Strategic Decision-Making: How to innovate and pivot quickly to anticipate customer expectations and market shifts.
- Risk Reduction: How to acquire ease of visibility into resource capacity and financial costs to respond adeptly in a complex regulatory environment.
Dive deeper into this whitepaper to learn more about our comprehensive analysis of the intricate dynamics shaping the automotive marketplace.
