Automotive

The automobile sector has undergone a notable transition in the last ten years. The main driving forces behind this transition have been changes in customer attitude, digital technology, and the state of the economy. Additionally, OEMs and other significant industry participants are investing heavily in non-commercial business processes for the production of autos as they examine this evolution. Alternative revenue sources are quickly capturing the market. Over the past two years, mobility companies like Uber have grown significantly, and well-known IT companies like Microsoft and Amazon are chowing down on automotive back-end data. All of these elements could accelerate the expansion of the automobile sector.