Automotive Industry
The global automotive industry has been shaped by disruptive changes over the decades, and digital technologies are the new disruptors that will transform its future journey.
The global automotive industry has been shaped by disruptive changes over the decades, and digital technologies are the new disruptors that will transform its future journey. Trends such as IoT, the cloud, big data, wireless solutions, connected devices, environmental regulations and changing consumer expectations have encouraged automotive companies to make more investments in digitalisation.
For the SAP Industry Innovation Week, we invited dynamic startups to talk about their ideas on the value-generating digital transformation of the automotive industry.
We also had some of our customers join this virtual event. These leading automotive companies believe that as vehicles get increasingly connected, 5G and AI will play a major role in improving customer experience.
At SAP, we acknowledge the culture of speed and entrepreneurship driving the startup work environment. Many of these startups can support digital transformation initiatives of traditional automotive brands to help them compete with digital giants such as Apple and Google, who are also entering the industry.
The secret to success with digital transformation lies in the right mix of ‘5Ps’ by automotive players.
These include:
SAP works closely with startups that have demonstrated their capability to step into a bigger innovation ecosystem for the automotive industry.
In this webinar focusing on the automotive industry, we had five SAP Startup Studio partners explaining their solutions for the sector.
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