The auto industry is always at the forefront of technological trends. This is certainly the case when it comes to big data and some of the applications that stem from it.
Big Data Meets Auto Industry
Wearable devices, smart home appliances, sophisticated algorithms that power advanced B2B software…the internet of things (IoT), powered by big data, has many different application points. But when you study some of the more transformational intersections, it’s clear that big data has the power to fundamentally revolutionise the auto industry in unique ways.
In 2018, as things currently stand, we’re in a bit of an in-between phase. Much of the industry is still using the technology of yesterday. However, they are acutely aware of the innovations that are emerging and are strategically preparing to implement changes in the coming months. In other words, the technology is here, but the infrastructure for mass implementation and adoption is still being constructed.
As we stand in this transitional space, there are several exciting things happening. Let’s look at some of the hottest trends and expectations as they pertain to big data’s role in the auto industry.
1. Improved Car Buying
From the consumer side of things, the increased access to data in the car …