The automotive industry is changing rapidly, as new technologies, customer demands, and players emerge. Soon, the industry will have moved away from the traditional role of hardware provider and embrace the role of provider of connected mobility and transportation solutions. It will provide shared and individual mobility services and entertainment spaces, as well as produce the software-driven, battery-operated, artificially intelligent, autonomous vehicles of the future.
Digitalization is defined as the adoption of digital technologies to engender new strategies, generate new products and services, transform the value chain, and change the way an organization does business. At the Center for Digital in Automotive, a collaboration of The Boston Consulting Group and BCG Digital Ventures, we see digitalization as a catalyst, facilitator, and enabler for automotive companies.