The global automotive artificial intelligence market anticipates robust growth at a compound annual growth rate (CAGR) of 29.2% and is expected to attain a valuation surpassing$34.40 billion during the projected period spanning from 2022 to 2030
NEW YORK – Globant(NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today published its newest report, Applied AI: Driving Change Forward in the Automotive Industry. It explores how AI is reshaping the automotive landscape in manufacturing, design, supply chain management, production, post-production, and enabling tools such as “driver assistance” and “driver risk assessment” systems.
Among other ideas described, the report shows that by analyzing data, AI can streamline decision-making processes and improve customer experience. AI can also bring several other benefits to the industry, such as accelerating the supply chain, production, and post-production stages and maximizing efficiency with automation and intelligent robots. AI also enables safer driving with the emerging concept of self-driving cars.
According to Diego Tartara, Chief Technology Officer of Globant, “AI is driving change within the automotive industry in very practical ways such as supply chain management, manufacturing, and design. But it also goes beyond that: with the advent of autonomous driving, AI will affect urban planning and the design of future cities entirely. This knock-on impact will be transformative for the automotive industry and beyond it, impacting how we live, work, and commute. ”
“AI is not only revolutionizing the automotive sector; it is rewriting the rules of mobility, manufacturing, and driving altogether,” said Marina Saint-Lary, Managing Director of Globant’s Automotive Reinvention Studio. “As algorithms empower vehicles to perceive, learn, and adapt, we are witnessing the transformation of an entire industry as we enter a new age of immersive experiences, seamless connectivity, and unparalleled safety.”