The report explores key trends in connected vehicles and smart transportation, focusing on how original equipment manufacturers (OEMs), suppliers and service providers can unlock value with strategic infrastructure. The paper outlines how automotive OEMs must architect IT infrastructure to enable efficient data aggregation, analytics and exchange in an efficient and cost-effective manner.

  • Explosive growth driven by mobile and government-required connectivity
  • Transition to autonomous vehicles will be gradual and electric vehicles will become mainstream
  • More people will opt for Transportation as a Service (TaaS), e.g. ride-share services
  • OEMs will make decisions based on user choices and autonomous systems
  • Revenue will move away from vehicle sales to services, fuelled by data
  • Data collected by cars will become an asset for monetisation
  • The vehicle will become the decentralised edge and data will be processed in the car, reducing latency.

The autonomous vehicle will have to perform many more functions beyond driving (e.g. correctly recognising passenger identities, using child locks for younger passengers, assisting passengers with limited mobility) and handle tons of safety-critical data in real time. The majority of data processing will be on the edge, while deep learning will be in the cloud.

– Tier 1 Automotive Supplier

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FTI Consulting Report outlines future trends, strategic Value of IT Infrastructure and Data in Connected Cars Industry