What is Master Data and How does it Impact the Automotive Industry? The term “data” can have an overall significance for our everyday wants and needs. Certain new-age products, like smartphones or smart cars, start with data. In the automotive world, data has a critical role to play in product development and safety altogether; this role will become more important as this industry moves towards distributing more highly sophisticated vehicles in the future. Having a secure baseline of master data is critical for automotive engineers because it allows them to make sense of the automotive world and the products they build within it. If you are an automotive organization looking to maintain growth in new technology and drive positive business outcomes, having a proper master data management solution will help provide real value in those areas. Also, the copious amounts of information within an organization’s master data can clearly define its core values, which can establish a clear path for longevity. Even in other industries—healthcare, manufacturing, aerospace—the centralization of data is a phenomenon that should be becoming normalized. Master data helps optimize organizational consistency, accuracy, and innovation, directly impacting a data-dependent world like automotive.

What is the Importance of a Data-driven User Experience in Automotive?

How Data Analytics Enables Growth for EV Manufacturers Introduction The Electric Vehicle (EV) is not new, but it has been receiving significantly more attention in recent years. Advances in both EV analytics and battery technologies have led to increased automotive market share. However, this growth is not attributed to hardware alone. The modern mechatronic vehicle marries electrical storage and propulsion systems with electronic sensors, controls, and actuators, integrated closely with software, secure data transfer, and data analysis, to form a comprehensive transportation solution. Advances in all these areas have contributed to the overall rise of EV’s, but the common thread that runs through all these elements is data analytics.

Digital Transformation — Four Keys to a Successful Launch A digital transformation alters how a company does business. It’s a big move that affects work processes, company culture, and customer engagement. Most companies contemplating a digital transformation recognize the value of such a significant change — the ability to respond to an evolving market, meet customer needs, improve internal costs, etc. — but many are not sure where to start or how to boost the odds of success.