A number of technological innovations are expected to change the automotive industry in 2018. It is estimated that along with the development of the following technologies, players in the automotive industry will respond to consumer behavior, run partnerships and encourage overall change.
The automotive industry has changed a lot since the beginning but always reflects the ability to change and innovate well. Digitalization, increased automation, and new business models have changed in various other industries (such as transportation or tourism services as examples), and the same trend is touching the automotive industry as well.
Connected cars (Connected cars)
With connected vehicles, fellow drivers can share information about travel conditions, weather, speed on the road and accidents for example. This is the beginning of the use of V2V technology (vehicle-to-vehicle communication), which connects one vehicle to another such as using WiFi. Later this technology will become a standard feature in every four-wheeled vehicle.
An anomaly knows that among these technology developers by country, China is among the top. It is noteworthy that the involvement of universities in China is almost as much as the role of MSMEs that are involved in this field. The role of MSMEs seems to be quite large, and this is reflected in Germany leading the innovation in Europe, where the majority of players in this field are small and medium enterprises.
One company that deserves attention to its development is a startup called Mojio based in Canada. Mojio provides a leading technology platform for connecting one vehicle and another with application solutions tailored to their partners. Mojio has collaborated with a number of telecommunications operators such as Bell Canada, Deutsche Telekom, T-Mobile, and TELUS. In 2016, the company received funding of USD 15 million from Amazon Alexa Fund and Deutsche Telekom, and this year received additional funding of USD 30 million for further development of new investors.
Smart Internet of Things
One of the main foundations of interconnected vehicle technology is Smart IoT, which allows, for example, automatic parking functions, or adaptive cruise control functions. In the near future, almost all automotive manufacturers will provide this feature in all new vehicles.
The US-based manufacturer, Ford has announced plans to develop mass production of self-driving vehicles until 2021. While big-name technology companies such as Microsoft, Google, IBM are also players in the Smart IoT development in the automotive industry. Tesla and Google are other names who are trying to produce self-driving vehicles that will fulfill a number of driving rules on public roads.
Interesting collaboration has taken place between various technology and automotive players, where on the one hand there are companies like Ford working with fellow automotive manufacturers namely Tesla, Audi, VW, BMW and Volvo, and collaborating with academic sectors such as MIT.
From the startup world, one of the innovators in the IoT world is Litmus Automation. With this foundation, various types of devices can be connected to other commercial applications. The application of the solutions includes interaction between the connected vehicle with the device used, the management of the vehicle fleet, sharing the use of the vehicle and the solution for vehicle maintenance.
In essence, blockchain allows authentication that is independent of a process (initially for financial transactions, as is the use of cryptocurrency such as Bitcoin). The existence of independent authentication allows applications both in distribution and logistics of the automotive industry and its derivatives such as buying and selling spare parts, guaranteeing periodic maintenance and also the security of various payment transactions.
A number of automotive suppliers have started using it in the supply chain in 2017 and the potential for development is huge. The advantage of implementing blockchain in the supply chain is to create a trusted climate, free from counterfeiting without the need to rely on an independent control function.
In the case of blockchain implementation in the automotive industry, it looks like the United States is still leading far from other countries, such as Germany and the United Kingdom which have a number of related innovations.
Predictive analysis using Big Data
The use of Big Data or the collection of information on a very large and broad scale has become a reality in many industries, including in the automotive world. Using a series of techniques such as data mining, modeling, artificial intelligence (artificial intelligence) and others to analyze data available to predict future events.
Such technology is very useful in terms of reducing the risks that arise, especially in a system where all vehicles will be connected to each other, and share information.
Another application is to help consumers determine their choices in driving. With the information available, consumers can look for insurance premiums that are cheaper for him, as well as anticipate striking vehicles or even avoid them altogether with a more thorough periodic maintenance system.
The process behind 3D Printing is to create a three-dimensional object where the basic material is formed from a design produced and controlled by a computer. Not limited to the shape and level of complexity of the object to be reproduced.
Between 2015-2017 alone, there were more than 800 3D Printing technology development documents recorded in the automotive industry, which was an increase of more than 330 percent compared to the previous 3 years. Ford manufacturers, among others, in March 2017 will reportedly use 3D Printing techniques to manufacture important components of the vehicles they make. As for the business of making vehicle prototypes, Ford has used this technology for the past 20 years, in order to reduce design time.
However, with the development of existing technology, this process not only can use a stronger material, but the speed of production will be even faster. Reporting from the Machine Design site, a company called Vader Systems uses a tool that can regulate not only the position of the base material used in the production process but also its volume – things that are difficult to do with precision beforehand. Within a few years, it was estimated that the speed would be increasingly competitive with conventional manufacturing processes. In addition, the ability to print with basic materials of steel and other metals.
The use of the 3D Printing process for the vehicle body not only can improve the level of security better but can also adjust to the tastes of consumers. For example, a vehicle with an original frame and engine can be replaced by a carousel with a relatively easy process, so the vehicle still looks new and different.