Digitization, automation, and new business models are revolutionizing today’s automotive industry to a great extent. These forces are giving rise modern features like diverse mobility, autonomous driving, electrification, and connectivity. Companies are heavily investing in these with the rising customer demands.
At the operational level, the pandemic has accelerated developments in the automotive industry that began several years ago. Many of these changes are largely positive, such as the growth of online traffic and the greater willingness of OEMs to cooperate with partners—automotive and otherwise—to address challenges. While OEMs may now be concentrating on the core to keep the lights on, the failure to investigate other opportunities could be hamper them long term.
Given the widespread understanding that game-changing disruption is already on the horizon, there is still clear prediction on how the industry will look in the future. Automakers are finding out what kind of changes are coming and how they will affect traditional vehicle manufacturing and consumers, markets, and the automotive value chain. In this edition of Technology Innovators, we bring to you the Top 20 Automotive Technology CEOs of 2022. We hope it will help automotive leaders to gain more knowledge and insight to reimagine their organizational structures and operations and align to them to the modern forces and successfully implement them.
Juha Christensen, CEO
CloudMade’s mission is to create the building blocks and business logic that help the automotive industry connect the dots on every human journey.
Stephen M. Rowley, President
Cox Automotive is a digital marketing, software, e-commerce for consumers, manufacturers and the overall automotive ecosystem worldwide.
Eliron Ekstein Co-founder & CEO
Ravin inspects vehicles using everyday mobile or stationary cameras, creating trust in car rental, sharing, sales and insurance.
Shahar Bin-Nun, CEO
Tactile Mobility provides smart and autonomous vehicles (AVs) with tactility-sensing innovation that empowers multiple data solutions.
Tommy Barras, CEO
Reynolds and Reynolds is a leading provider of automobile dealership software, services, and forms to help dealerships deliver better results and transform the customer experience.
Yoav Levy, Co-Founder & CEO
Upstream Security is a centralized security and analytics platform for connected vehicles and smart mobility services.
Any significant technological innovation in the automobile industry may be linked back to automobiles technology research. Automatic windows, adaptive cruise control, electronic ignition, and more are all covered under this umbrella! Few technologies have been explained below.
Data Analytics & Big Data: Advanced data analytics influences many decisions all through the lifecycle of an automobile in the era of big data. Vehicle data enables informs fleet management, predictive maintenance also alerts concerned authorities in the event of an accident. Furthermore, customer automotive information is used to boost sales, improve supply chains, and improve product design for modern automobiles.
Procon Analytics : Is a company that specializes in data analytics. Procon Analytics, a firm established in the United States, uses big data to provide an automotive loan solution.
Automotive technicians are in high demand. The automotive, as well as maintenance industries, are likely to develop in the next years. Adding technical expertise to the typical nuts & bolts of a job is enticing for a lot of reasons, in addition to being in demand now, tomorrow, as well as for the foreseeable future. So following are few technologies that meet the demand of the automotive industry.
The depletion of fossil energy supplies and the environmental damage caused by its use necessitates the promotion of electric vehicles (EVs). EVs must overcome difficulties such as high prices, weak battery, fleet electrification, insufficient charging infrastructure, and powering renewable energy-based charging networks in order to achieve increased adoption.
Automobile technicians examine, diagnose, and repair mechanical, electronic systems, and electrical as well as components of automobiles. They may specialize in a particular manufacturer’s automobiles, but depending on the circumstances as well as the scope of services provided by the company, they may also work on vehicles from other manufacturers. Here are some technology incorporated in automobiles.
Vehicles now have a tamper-proof digital identifier that distinguishes them out from the entire network. This makes it simple to track vehicle data for a variety of applications, including insurance, the safety of drivers, predictive servicing, and also fleet management. Vehicle data sharing benefits not only the particular customer but the complete mobility ecosystem.
Information-oriented technologies play a key role shortly in the automobile industry, according to a comprehensive analysis of industry trends to expect forward to in 2021. At a never-before-seen rate, the sector is incorporating new technology into its processes. In addition to long-established technologies like artificial intelligence (AI) as well as big data and analytics, emerging technologies like the blockchain and the internet of things (IoT) have several uses in the automotive industry.
Autonomous vehicles, often known as self-driving vehicles, focus on reducing the role of human drivers thus appear to be on the verge of revolutionizing ordinary transportation. AV fleets aim to improve and expand the scope of last-mile shipments, public transit safety, and reducing downtime. By minimizing accidents prompted by driver exhaustion or negligence, for instance. Advanced recognition technology like AI-enhanced image recognition, is used by AVs to detect obstructions along the road.
Intvo is a start-up based in the United States that produces pedestrian behaviour forecasting technology.
Electronic technology in cars is becoming as crucial as what is under the hood these days. From security and safety to communication and connectivity these strategies are essential. And as automobiles get more advanced, it has a direct impact on how users engage with the vehicle. When buying a new automobile, here is a list of the top automotive technologies should look for. Some help to find a parking spot, while others help for staying connected to the outside world. The best tech features make driving easier while avoiding driver distraction.
Advanced Driver Assist Systems: Several automobile manufacturers employ technology that really can react swiftly to risks, minimize drowsy driving, and make traffic flow more smoothly. It can even park the vehicle for you. These systems are frequently sold as part of a package. Significant characteristics, such as:
The adaptive cruise control maintains a constant speed while slowing or speeding up to maintain a safe gap from the vehicle in the front of your vehicle.
June 17, 2019 – XenomatiX, a true solid state lidar technology provider is awarded the 2019 CLEPA Innovation Award in the category of Connectivity and Automation for SMEs.
CLEPA, the European Association of Automotive Suppliers recognizes outstanding contribution and excellence in the automotive supply industry in the fields of Environment, Safety, Cooperation, and Connectivity & Automation.
“We are proud to win this award and be recognised for our innovation. We see the CLEPA Award as a confirmation of our unique, innovative and outstanding lidar technology, as we work towards our goal of becoming a disruptive Tier II lifting ADAS and AD to the next level”, said Filip Geuens, XenomatiX’s CEO
Tesla, one of the biggest and the most renowned name in the technology sector with great innovations transforming the world was latest in talks due to innovation of automated drive cars. This technology gives an option to the driver to set the destination and route, car set the driving skills and techniques based on the routes and also sense driving skills, speed of other cars on the way, and other aspects of roads to make the driving best and safest. For innovate and execute this technology, Tesla used HW3.0 chips which is termed to be the best technology for designing automated cars.
From past few days, Tesla is aging a big topic to talk about among the owners of latest automated drive Tesla cars. In various social media platforms, Tesla car owners were spotted saying their car is designed using HW2.5 chips which is less advanced than HW3.0 chip, and hence makes automated drives risky too.
This is a result of the most dangerous infection spread all over the world in recent days “Corona virus”. Tesla’s biggest chip manufacturing plant is in Shanghai where approx.