Connected Cars Require a Shift in Mindset
The connected car is a complex machine comprising 50-plus sensors and, by some estimates, 100 million lines of software code. It is being subject to an intense period of innovation, both within the vehicle as well as the environment in which it operates. Consequently, the auto industry is at a decisive inflection point in terms of the core product that it produces, and the essence of the business model that has sustained it for the past 100 plus years. We shall explore some of these factors of inflection in this paper.
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