The future of business in the digital information age is now. A network of networks – across social, business, and devices – is creating revolutionary conditions which are creating new opportunities that touch every aspect of the digital value chain regardless of what industry you are in.
The automotive industry is poised to take advantage of new opportunities in the digital age. From connecting OEMS and Suppliers to connecting production plants to connecting logistics to connecting vehciles to connecting customers…new business opportunities abound. New business opportunities will drive a new economy, an economy that will foredver change the atuomotive industry. The automotive industry will no longer be just an “industry” but a connected part of the world!
Companies that react and adopt quickly will quickly disrupt the status quo. These companies will place bariers in the way of slower adopters that will be difficult for the competition to surmount. And along the way they will grow share and revenue!
Take a look at the CEO perspective on the impacts of the Internet of Things for Automotive!
“This post originally appeared on Business Innovation”