Cloud Computing & Automotive Industry: What to Expect?
The automotive industry is on the brim of a major transformation. Products are now being developed that are more software-based rather than generalized ones. Customers have raised their expectations related to buying & owning process. They are setting a high value on companies looking to develop sustainable products & services, which creates a significant shift in how automakers design & manufacture their products. However, automotive manufacturers continue to face a stiff challenge, maintaining a feasible business model.
Cloud-Related Apprehensions
Certain Cloud users often have apprehensions related to moving to Cloud. These misconceptions & worries can become a challenge towards understanding the wide array of benefits that the Cloud offers. Some of the prevalent apprehensions include-
1. Cloud is Less Secure: Security continues to be the primary concern for most automotive manufacturers. Usually, manufacturers of this industry have secured their on-premises infrastructure, built experiences & maintained trust in the existing security mechanisms. However, the increased number of cyberattacks have made CIOs & security teams realize that on-premises data can easily become the potential target with Manual processes and insider threats, also emerging as common cyberattack techniques.
2. Location of Data Remains Unknown: Controlled data access is important for securing user-critical data and privacy. Data ownership & location of data storage have been a point of concern for CXOs. They often fear the misuse of data through the hands of cybercriminals or notorious insiders, and this is why such CXOs are not willing to make a move to Cloud. However, manufacturers must understand that leading Cloud providers store their data within the geographic boundaries they are based.
3. Cloud Hosting is Expensive: Most manufacturers often apprehend that Cloud hosting is an expensive option. However, its benefits can outbalance all forms of expenditure in technology. In order to ensure savings in the Cloud, automotive companies must provide a couple of things. Firstly, they must understand & establish a new cost management capacity & secondly, let go of their existing legacy infrastructure, which can ease their savings.
Cloud Computing for Automotive Industry
Cloud Computing gives the automotive industry the entire approach that is required for the business to prosper & make it future-ready. OEMs are beginning to re architect their design, manufacturing processes, and customer experience. With Cloud Computing in place, automotive manufacturers can reduce the storage cost by boosting vehicles' designing & manufacturing speed. Enhanced levels of data storage at lower prices & quick access to technology tools increase the development process, which ultimately leads to the increased number of differentiated products & services. Implementation of Cloud demands the entire organization to shift the focus of automotive manufacturers regarding how they operate. The transition to Cloud also needs a clear definition & synergy across all manufacturing departments.
Role of Data in Autonomous Vehicles
Data continues to be at the core regarding autonomous vehicles, and for the manufacturers, Cloud seems to be the best technological option to get the competitive edge. The volume of data that the industry generates needs a Cloud hosting solution for constant reassessment and redevelopment of tools for supporting the software complexity required to ensure the functioning & safety of vehicles. Data is also being used in newer methods for selling automotive services, ranging from safety add-ons to vehicle experiences. Data could also be used to determine traffic patterns and the broad-scale planning within cities. Data collected from different products & services across the industry will play a major role in defining how our future cities & related amenities would look like.
Manufacturers must come out of the technology myth bubble. With enterprises making a move to the Cloud, a large number of add-ons & features can be added for solving any form of the complex problem. Cloud catalyzes the complete transformation of businesses by ensuring absolute security & safety. Also, when a manufacturing company becomes Cloud-native, they tend to reduce operating costs & devise new revenue sources.
