• About
  • Advertise
  • Privacy & Policy
  • Contact Us
Saturday, September 30, 2023
DATAQUEST
  • Home
  • News
    Indian Army TGC

    Indian Army 139th Technical Graduate Course (TGC)Recruitment 2023

    FUJIFILM India

    FUJIFILM India has Officially entered the Office Printer Business in India, Introducing six A3 Multifunction Printers Developed by Fujifilm Business Innovation

    Dunzo

    Dunzo to Raise $35 Million from Reliance Industries and Google as Investors

    Adobe Photoshop

    Adobe has released a Web Version of Photoshop that includes AI-powered Capabilities

    Artificial Intelligence

    Benefits and Major Features of Artificial Intelligence in the Education Sector: Decoded

    Generative AI

    AI could be a Game Changer for SMEs: Generative AI, AI Tool Adoption

    Trending Tags

    • election update
    • trump news
    • United Nations
    • whitelisting
  • Business Technologies
    TSMC

    Siemens and TSMC collaborate to help mutual customers optimize designs using foundry’s newest advancements

    Rural broadband in Idukki

    Breaching digital divide: Impact of SD-WAN connectivity on rural and remote connectivity in India

    Jio and NVIDIA

    Jio Platforms partners with NVIDIA to Accelerate AI Cloud Infrastructure In India

    HCLTech

    HCLTech Secures Siemens Contract to Accelerate Cloud-Led Digital Transformation

    ChatGPT

    A Human-Centered approach will lead to a better Responsible AI framework

    TSMC

    TSMC to build multi-billion-Euro chip factory in Dresden, Germany

    Trending Tags

    • Nintendo Switch Pro
    • ClickShare CSE-800
    • Mark Zuckerberg
    • Silicon Valley
    • internet
  • DQDeepTech
    ChatGPT

    Epiphenomenal Scare: The Rise of ChatGPT and the Imperatives for DevOps (Software) Engineers

    Generative AI

    Role of Generative AI in the Modernization of Software Development Process

    ORACLE (7)

    Oracle Unveils New Generative AI Features for Enhancing Customer Service

    Manodayam

    Through AI, we are offering mental health solutions at Rs 1 per day: Sanjay Bhardwaj, founder, Manodayam

    Conversational AI

    Transforming customer experience with conversational AI and language neutralization

    Google

    Google Introduces Generative AI Search Experience in India

  • Leadership Insights
    • Interview
    • Opinion
    • Editors Blog
    • Features
  • Annuals
    Sandeep Dutta and Ajay Vij

    DQ Top 20 Rank 7- Rank 7 – Accenture India, Concerns over revised guidance

    Google

    DQ Top 20 Rank 20 – Google India Driving Growth through Advertising Space Reselling 

    Genpact

    DQ Top 20 Rank 19 – Genpact Transformation Happening Here? 

    Oracle

    DQ Top 20 Rank 17 – Oracle India Business Surges, spearheading Cloud Revolution across Sectors 

    Microsoft

    DQ Top 20 Rank 16 – Microsoft India Robust Outlook Amid Driven by Hybrid Work and Cloud Adoption 

    Mphasis

    DQ Top 20 Rank 15 – Mphasis Mphasizing on AI and quantum 

    Trending Tags

    • Data Loss Prevention 2.0
    • Technology product Development
    • Internet access in developing countries
    • Unilever Ventures
  • DQ40Years
  • Events
    Oracle Cloud World 2023 Keynote

    Larry Ellison’s Oracle Cloud World 2023 Keynote Highlights: Pivotal Innovations and Industry Insights

    Smart city

    Smart and sustainable city solutions deliver on sustainability and resilience goals

    Forge

    Sustainable building an integrated approach to support customers’ goals

    Buildings

    Honeywell helps building owners drive critical performance

    Gigafactory

    Gigafactories fueling renewable energy transition through automation control technologies

    Refrigerants

    Unlocking true potential of energy storage

    Trending Tags

    • Revenue Analytics
    • fraud prevention
    • Seven Pillars of Digital India
  • Business Solutions
    Schneider

    Schneider Electric showcases innovative, sustainable, and transformative digital solutions at Automation Expo 2023

    Electronics

    Booming Indian consumer market comes with opportunities and challenges for e-commerce brands

    Predictive analytics

    Role of predictive analytics: Unleashing business growth and efficiency

    health tech

    Asia Business Case Centre, NTU Singapore released case study on health tech HealthPlix

    customer experience

    NovelVox digitizes and personalized customer experience for American National Bank

    Dream11

    Dream11 built a funnel analytic tool for user behaviour at a large scale: Abhishek Ravi, CIO

    Trending Tags

    • More
      • Tech4Growth
      • DQConclave Event Site
      • TechSchools Event Site
    No Result
    View All Result
    • Home
    • News
      Indian Army TGC

      Indian Army 139th Technical Graduate Course (TGC)Recruitment 2023

      FUJIFILM India

      FUJIFILM India has Officially entered the Office Printer Business in India, Introducing six A3 Multifunction Printers Developed by Fujifilm Business Innovation

      Dunzo

      Dunzo to Raise $35 Million from Reliance Industries and Google as Investors

      Adobe Photoshop

      Adobe has released a Web Version of Photoshop that includes AI-powered Capabilities

      Artificial Intelligence

      Benefits and Major Features of Artificial Intelligence in the Education Sector: Decoded

      Generative AI

      AI could be a Game Changer for SMEs: Generative AI, AI Tool Adoption

      Trending Tags

      • election update
      • trump news
      • United Nations
      • whitelisting
    • Business Technologies
      TSMC

      Siemens and TSMC collaborate to help mutual customers optimize designs using foundry’s newest advancements

      Rural broadband in Idukki

      Breaching digital divide: Impact of SD-WAN connectivity on rural and remote connectivity in India

      Jio and NVIDIA

      Jio Platforms partners with NVIDIA to Accelerate AI Cloud Infrastructure In India

      HCLTech

      HCLTech Secures Siemens Contract to Accelerate Cloud-Led Digital Transformation

      ChatGPT

      A Human-Centered approach will lead to a better Responsible AI framework

      TSMC

      TSMC to build multi-billion-Euro chip factory in Dresden, Germany

      Trending Tags

      • Nintendo Switch Pro
      • ClickShare CSE-800
      • Mark Zuckerberg
      • Silicon Valley
      • internet
    • DQDeepTech
      ChatGPT

      Epiphenomenal Scare: The Rise of ChatGPT and the Imperatives for DevOps (Software) Engineers

      Generative AI

      Role of Generative AI in the Modernization of Software Development Process

      ORACLE (7)

      Oracle Unveils New Generative AI Features for Enhancing Customer Service

      Manodayam

      Through AI, we are offering mental health solutions at Rs 1 per day: Sanjay Bhardwaj, founder, Manodayam

      Conversational AI

      Transforming customer experience with conversational AI and language neutralization

      Google

      Google Introduces Generative AI Search Experience in India

    • Leadership Insights
      • Interview
      • Opinion
      • Editors Blog
      • Features
    • Annuals
      Sandeep Dutta and Ajay Vij

      DQ Top 20 Rank 7- Rank 7 – Accenture India, Concerns over revised guidance

      Google

      DQ Top 20 Rank 20 – Google India Driving Growth through Advertising Space Reselling 

      Genpact

      DQ Top 20 Rank 19 – Genpact Transformation Happening Here? 

      Oracle

      DQ Top 20 Rank 17 – Oracle India Business Surges, spearheading Cloud Revolution across Sectors 

      Microsoft

      DQ Top 20 Rank 16 – Microsoft India Robust Outlook Amid Driven by Hybrid Work and Cloud Adoption 

      Mphasis

      DQ Top 20 Rank 15 – Mphasis Mphasizing on AI and quantum 

      Trending Tags

      • Data Loss Prevention 2.0
      • Technology product Development
      • Internet access in developing countries
      • Unilever Ventures
    • DQ40Years
    • Events
      Oracle Cloud World 2023 Keynote

      Larry Ellison’s Oracle Cloud World 2023 Keynote Highlights: Pivotal Innovations and Industry Insights

      Smart city

      Smart and sustainable city solutions deliver on sustainability and resilience goals

      Forge

      Sustainable building an integrated approach to support customers’ goals

      Buildings

      Honeywell helps building owners drive critical performance

      Gigafactory

      Gigafactories fueling renewable energy transition through automation control technologies

      Refrigerants

      Unlocking true potential of energy storage

      Trending Tags

      • Revenue Analytics
      • fraud prevention
      • Seven Pillars of Digital India
    • Business Solutions
      Schneider

      Schneider Electric showcases innovative, sustainable, and transformative digital solutions at Automation Expo 2023

      Electronics

      Booming Indian consumer market comes with opportunities and challenges for e-commerce brands

      Predictive analytics

      Role of predictive analytics: Unleashing business growth and efficiency

      health tech

      Asia Business Case Centre, NTU Singapore released case study on health tech HealthPlix

      customer experience

      NovelVox digitizes and personalized customer experience for American National Bank

      Dream11

      Dream11 built a funnel analytic tool for user behaviour at a large scale: Abhishek Ravi, CIO

      Trending Tags

      • More
        • Tech4Growth
        • DQConclave Event Site
        • TechSchools Event Site
      No Result
      View All Result
      DATAQUEST
      No Result
      View All Result
      Home Business Technologies

      Software-driven transformation will be key differentiator for automotive manufacturers in next decade: Capgemini

      DQINDIA OnlinebyDQINDIA Online
      September 8, 2021
      in Business Technologies
      0
      Piramal Capital

      Going beyond technology

      Software-driven transformation is expected to help leading original equipment manufacturers (OEMs) in the automotive industry gain 9% higher market share over their peers by differentiating themselves with unique software-based features and services, according to a new report from the Capgemini Research Institute. The research highlights how software-driven transformation is expected to deliver significant benefits for automotive OEMs in the next five years, such as improving productivity up to 40%, reducing costs by 37%, and improving customer satisfaction by 23%. Despite this, nearly half (45%) of OEMs currently do not offer any connected services, and only 13% are monetizing connected services to their benefit.

      The report, “Next Destination: Software — How automotive OEMs can harness the potential of software-driven transformation,” states that half of OEMs (51%) expect to be known for providing software features, such as Advanced driver-assistance systems (ADAS), self-driving, connectivity, and services as much as their automotive engineering excellence in the next five to ten years. In addition, on average, the share of new vehicles, per OEM, to operate on a unified, common software platform is expected to rise from 7% in 2021 to 35% in 2031.

      But according to the report maturity in key areas remains low. Most OEMs (71%) are at the initial stages of their software-driven transformation, having only identified application areas. Just 28% have implemented a pilot or proof of concept based on use cases for advancing transformation in specific areas. The research finds that only 15% of OEMs are considered “frontrunners” in successfully transforming themselves by exhibiting the maturity to implement software-driven transformation. Success requires a special set of skills and capabilities backed with the vision to deliver the transformation and the command on operational areas to deliver strong outcomes. Frontrunner OEMs believe that software-based revenue will account for 28% of their overall revenue by 2031.

      A software-driven transformation will require robust architecture, ecosystems and strategic technology partnerships

      To realize the benefits of software and gain a competitive edge, OEMs will need to transition from legacy architecture. Currently, 93% of OEMs have a traditional vehicle architecture, while only 13% have plans to decouple and separate the tightly integrated hardware and software architecture deployment. This translates into an inefficient mechanism for over-the-air (OTA) software updates and can lower the pace at which OEMs innovate. The research found that automotive executives expect the production of new vehicles supporting connected services and OTA updates to triple from 11% to 36% in the next five years, but only 4% of OEMs currently provide any kind of OTA update, suggesting more work is needed if OEMs are to take advantage of the potential growth.

      OEMs will need to strike strategic partnerships with software and technology service providers to deliver value across the automotive software value chain. OEMs will also require a robust ecosystem strategy to effectively strike and scale partnerships to pursue standardization of architecture, as well as the collection, use, ownership, and processing of both vehicle and consumer data.

      Data ownership and cybersecurity are still a concern

      Data ownership and cybersecurity remain a concern, with less than half of OEMs struggling to collect data and translate it into actionable insights. Less than 10% believe they are well prepared to implement cybersecurity measures, while 60% find it difficult to ensure products from suppliers meet safety and cybersecurity regulations. Various data domains enabled by software have the potential to add “intelligence” to the automotive value chain, yet nearly half (47%) of the OEMs do not collect or analyze vehicle data.

      The research notes that OEMs should focus on maturing and monetizing safety and security services as customers want these solutions and are willing to pay for them.

      Workforce upskilling will be key to realize full potential

      As customer needs evolve, OEMs will need to upskill a large part of their existing workforce in software skills and new ways of working. Currently, OEMs are faced with a skills gap of 40-60% in areas such as software architecture, cloud management expertise and cybersecurity, and there’s a growing need for software capabilities within the industry. 97% of executives surveyed believe that within the next five years, as much as 40% of their talent will need to possess the necessary skills in-house to deliver software-driven transformation. To harness the full potential of software-driven transformation, OEMs will need to focus their attention on new competences, transform legacy culture, redefine their processes around software and attract new talent.

      Alexandre Audoin, group industry lead for automotive at Capgemini, explains: “Software is redefining mobility and disrupting the entire automotive value chain. While the competition for innovation and growth undoubtedly lies within the vehicle, automotive manufacturers must not overlook the need to create a culture of agility and collaboration within the business. The new automotive era goes well beyond the vehicle, and is unlocking new differentiators and opportunities in the manufacturing and business model. OEMs that want to succeed, grow their business and future-proof their organization need to adopt a broader lens – focusing as much attention on their internal operating model as well as software developments.”

      The report provides a six-point framework to help OEMs harness the full potential of their software-driven transformation by:

      • Building a software-focused vision and strategy for the organization
      • Leveraging software tool chains and agile methodology to foster greater collaboration across organizational units
      • Forging long-term, strategic partnerships with software, technology, and service providers on key software frontiers
      • Striving for software excellence by building and retaining software talent
      • Tapping into the power of data to enable intelligent vehicles, intelligent operations and intelligent services
      • Defining a clear roadmap for next-generation and standardized vehicle software architecture.
      Previous Post

      How critical are analytical insights for a recruitment cycle?

      Next Post

      Cloud modernization: Transforming digital dreams into reality

      Related Posts

      TSMC
      Business Technologies

      Siemens and TSMC collaborate to help mutual customers optimize designs using foundry’s newest advancements

      September 29, 2023
      Rural broadband in Idukki
      Business Technologies

      Breaching digital divide: Impact of SD-WAN connectivity on rural and remote connectivity in India

      September 26, 2023
      Jio and NVIDIA
      Business Technologies

      Jio Platforms partners with NVIDIA to Accelerate AI Cloud Infrastructure In India

      September 8, 2023
      HCLTech
      Business Technologies

      HCLTech Secures Siemens Contract to Accelerate Cloud-Led Digital Transformation

      September 8, 2023
      ChatGPT
      Business Technologies

      A Human-Centered approach will lead to a better Responsible AI framework

      August 31, 2023
      TSMC
      Business Technologies

      TSMC to build multi-billion-Euro chip factory in Dresden, Germany

      August 25, 2023
      Next Post
      SME sector

      Cloud modernization: Transforming digital dreams into reality

      Zypp Electric EV deal

      Mapping the future of cleaner transportation

      DeepTech Funding

      Zoho invests $5Mn in DeepTech startup Voxelgrids

      Leave a Reply Cancel reply

      Your email address will not be published. Required fields are marked *

      • Trending
      • Comments
      • Latest
      Hybrid Cloud

      Run complex workloads with ease: Switch to Lenovo Hybrid Cloud solutions

      August 18, 2023
      IIT Madras

      IIT Madras Invites Applications for Two Year Artificial Intelligence Fellowship with Stipend of Rs 40,000

      August 18, 2023
      WhatsApp no valid QR code

      Here’s How to Activate a Banned WhatsApp Number

      January 14, 2020
      IIT Kharagpur

      IIT Kharagpur Announces Free Online Course on Google Cloud Computing

      August 16, 2023
      WhatsApp no valid QR code

      Here’s How to Activate a Banned WhatsApp Number

      1652
      Exams in India

      CBSE Board Exams 2021: Students Request Indian Government to Cancel Board Exams Due to Rising COVID-19 Cases

      893
      Delhi Schools

      CBSE Board Exams 2021: Do Not Postpone or Cancel Board Exams, Say Section of Students

      577
      Online courses

      AWS Announces Free 12-week Course on Cloud Computing for Unemployed People Interested in Cloud Careers

      510
      Travel Technology Innovations

      Digital passports are not far away

      September 29, 2023
      ChatGPT

      Epiphenomenal Scare: The Rise of ChatGPT and the Imperatives for DevOps (Software) Engineers

      September 29, 2023
      TSMC

      Siemens and TSMC collaborate to help mutual customers optimize designs using foundry’s newest advancements

      September 29, 2023
      Indian Army TGC

      Indian Army 139th Technical Graduate Course (TGC)Recruitment 2023

      September 29, 2023
      Travel Technology Innovations
      Interview

      Digital passports are not far away

      When the suitcase of a travel major shows items like VR, AI, Cloud, Blockchain and APIs – the itinerary gets ...

      September 29, 2023
      ChatGPT
      DQDeepTech

      Epiphenomenal Scare: The Rise of ChatGPT and the Imperatives for DevOps (Software) Engineers

      Artificial intelligence (AI) in some form has been with us since decades. The global AI market size was estimated at ...

      September 29, 2023
      TSMC
      Business Technologies

      Siemens and TSMC collaborate to help mutual customers optimize designs using foundry’s newest advancements

      Siemens Digital Industries Software announced new certifications and collaborations with TSMC, resulting in the successful qualification of multiple industry-leading Siemens ...

      September 29, 2023
      Indian Army TGC
      News

      Indian Army 139th Technical Graduate Course (TGC)Recruitment 2023

      Indian Army invites applications from eligible unmarried male engineering graduates for the 139th Technical Graduate Course (TGC-139) which is set ...

      September 29, 2023
      FUJIFILM India
      News

      FUJIFILM India has Officially entered the Office Printer Business in India, Introducing six A3 Multifunction Printers Developed by Fujifilm Business Innovation

      FUJIFILM India, a prominent innovator in business solutions, has announced the introduction of the A3 multifunction printers, the Apeos series, ...

      September 29, 2023

      Industry Insights

      digital asset management platform

      Exploring Digital Asset Management platform Digiboxx

      September 27, 2023
      Digital transformation

      Digital transformation in trading: Navigating the future of investments

      September 26, 2023
      Machine Unlearning

      Eternal Sunshine of the Spotless Model – Hello, Machine Unlearning!

      September 26, 2023
      Ironman

      The ‘Jo Jeeta Wohi Sikander’ CIO- Meet the Ironman

      September 22, 2023
      Load More

      DQ 40 Years

      Sridhar Vembu
      Interview

      Only with R&D can you escape the trap and go to the next level: Sridhar Vembu, Cofounder and CEO, Zoho

      August 25, 2023
      The many specials of CyberMedia 1
      Business Technologies

      The many specials of CyberMedia

      July 22, 2023
      Rajendra S Pawar
      Business Technologies

      From 1980 to 2047—Time Lapse from NIIT’s lens

      July 22, 2023
      Shiv Nadar
      Business Technologies

      Indian IT: Re-inventing itself for the next 25 years

      July 22, 2023

      Editors Blog

      Indian IT
      Editors Blog

      The roller coaster ride continues 

      August 20, 2023
      companies ranking
      Editors Blog

      How we made the list 

      August 20, 2023

      Recommended

      Rural broadband in Idukki

      Breaching digital divide: Impact of SD-WAN connectivity on rural and remote connectivity in India

      September 26, 2023
      UPSC

      UPSC Geo-Scientists Exam 2024; Registrations Start

      September 26, 2023
      Load More

      Most Popular

      Hybrid Cloud
      Business Technologies

      Run complex workloads with ease: Switch to Lenovo Hybrid Cloud solutions

      August 18, 2023
      WhatsApp no valid QR code
      News

      Here’s How to Activate a Banned WhatsApp Number

      January 14, 2020
      Big Tech Firms
      News

      Beware of China Domain Name Registration Scam, Ignore Mails from .cn Mentioning Domain Conflict

      June 2, 2021
      Load More
      DATAQUEST

      Launched in 1982 as India’s first IT print publication, Dataquest is known as the “Bible of Indian IT.”
      Features business technologies, enterprise tech, cloud, hybrid multi-cloud, data management, security, IT Infrastructure, emerging technologies, analysis of market trends, a new development in the IT industry and needs of corporate users, Jobs, Deep Tech, interviews of CEOs / CIO's / MDs, and Annual surveys.

      Category Links

      • Annuals
      • Business Solutions
      • Business Technologies
      • DQDeepTech
      • Editors Blog
      • Events
      • Features
      • Interview
      • Module
      • News
      • Opinion

      Newsletter

      Subscribe to our mailing list to receives daily updates direct to your inbox!

      *Invalid email address.
      • About
      • Advertise
      • Privacy & Policy
      • Contact Us
      • PCQuest
      • DataQuest
      • Voice&Data
      • CIOL
      • DQ Channels

      © Copyright © 2023 Cyber Media (India) Ltd. All rights reserved.
      Reproduction in whole or in part in any form or medium without written permission is prohibited.

      No Result
      View All Result
      • Home
      • News
      • Business Technologies
      • DQDeepTech
      • Leadership Insights
        • Interview
        • Opinion
        • Editors Blog
        • Features
      • Annuals
      • DQ40Years
      • Events
      • Business Solutions
      • More
        • Tech4Growth
        • DQConclave Event Site
        • TechSchools Event Site

      © Copyright © 2023 Cyber Media (India) Ltd. All rights reserved.
      Reproduction in whole or in part in any form or medium without written permission is prohibited.