The automotive industry is facing one of its biggest revolutions since the advent of automation. In this post, we will go through the Industry 4.0 aspects and how OEMs can turn these challenges into opportunities.
To put it simply, the first Industrial Revolution relied on steam power, the second one on electricity and the third one on computers. What about the fourth Industrial Revolution everyone is talking about? I would describe it as a data-driven revolution.
Data is a wide theme, as it enables a multitude of production processes that were not possible before. In order to leverage this data, the industry will use internet of things (IoT) technologies allowing the upload, use and sharing of said data. Data will enable the automotive industry’s digital transformation: in the vehicle, in the factory and beyond.
In a previous post, we discussed digital twins. While the most obvious use case for digital twins in automotive is optimising vehicle development, there’s a…