I admit to walking on this earth for a long time. Ever since I was young I heard how the world was getting smaller. As I grew I realized this was true and why it was true. Connections increased, travel and commerce was expedited and accelerated, it was easier to communicate and traverse the globe in reasonable time. Today there are over ten billion connected devices with the future expectation that 99% of everything we produce will be connected to the Internet. Pretty amazing!
Communication is virtually instantaneous across the globe. Travel is not only relatively fast but very comfortable, limited only by our propulsion methods and infrastructures.
“Connected” combined with “fast” also implies opportunity for the automotive industry. The Internet of Things (IoT) is connected and fast, opens many doors for the industry constituents. These doors can create accurate information and enable insightful and intuitive automotive decision making in real-time. They can enable mutually supportive and collaborative automotive business networks. Networks can evolve that even extend outside the traditional boundaries.
Opportunities for automotive companies also include real time collaboration and product innovation, manufacturing efficiency, supply chain visibility and transparency and the ability to plan, optimize and protect the supply chain are presented. Improved quality and safety actions and reporting come to life, as well putting the customer at the center of the automotive universe, achieving customer and vehicle centricity. New business models can evolve; transportation as a service for example.
Knowing “everything there is to know” in real-time and discovering even more opportunities to gain business value…Wow, how the world and time shrinks. OK, so what is all this noise? Promises of what might be, dreams that may or may not be realized, empty rhetoric?
No, these things are real and more opportunities are rapidly being created, recognized and capitalized on today. Come see how SAP is creating this smaller, faster, simpler and more intelligent world today. Join us for the Best Practices for Automotive Conference, the Premier Industry Conference for Organizations using SAP, happening October 12-15, 2015 at the MGM Grand Detroit, MI.