From connected cars and fleets of commercial vehicles to connected smart home devices, it’s estimated there are more than 14 billion products equipped with sensors, processors, software and connectivity worldwide—a number that is projected to almost double by 2030. The sheer amount of connected product data—petabytes generated on a daily basis—is reshaping manufacturing by presenting new business opportunities as well as tackling challenges that have for a long time stalled innovation. And the automotive industry, consisting of car companies and heavy truck manufacturers, stands at the heart of this modernization and data revolution.
Here are some of the ways that modern automotive companies are using connected mobility data to solve today’s business challenges and unlock new opportunities:
In an industry where connected vehicles generate massive amounts of data on a daily basis, that data often remains siloed across organizations. This means automotive companies struggle to unify analytics to realize greater efficiencies and product quality—and ultimately enhance customer safety, satisfaction and loyalty.
When the right data can’t be brought together and analyzed, it is challenging to perform root cause analysis of problems that set off the “check engine” light. Since connected mobility data isn’t integrated with other information around warranties, service records, or even weather and traffic patterns, it’s challenging to perform powerful mobility analytics to unlock new vehicle innovations.
The new Connected Mobility Data & Analytics joint solution from Snowflake and DXC Technology provides a holistic approach to integrate connected car and truck data with internal and external sources to improve predictive maintenance and product quality. With the Snowflake data sharing capability, organizations can bridge data across clouds and regions, bringing together fleet, customer, internal and third-party data. In addition to leveraging these integrated insights internally, monetization of connected mobility data is made possible through Snowflake’s Marketplace.
To learn more, join our upcoming webinar to hear how Snowflake and DXC Technology empower automotive companies to harness the full potential of their connected product data. Reserve your spot today.
The post How Modern Automotive Companies Can Generate Value With Connected Mobility appeared first on Snowflake.
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