SEPT - NOV, 2020AUTOTECHOUTLOOK.COM9JULY - SEPT 2018AUTOTECHOUTLOOK.COM9By Raman Mehta, CIO, Visteon Corporation [NASDAQ:VC]What are the current market trends you see shaping the Automotive Space?Electric and clean energy vehicles are becoming prevalent, and with companies such as Tesla leading from the forefront, this is a trend that is going to stay. It's not just about the electrification of the power-train, it's the electrification of the entire vehicle system in terms of consolidation of multiple electronic control units. The game is shifting on how we can make the vehicles more efficient to provide with the most optimum range to the driver. Another trend that's currently prevailing in the automotive industry is connected vehicles. The connectivity is right in front of us, in terms of smart vehicles and the level 2 and 3 automated driving and a lot of companies are embarking upon these trends. As there is an increase in the adoption of software and AI in the vehicles, they are acting as an enabler for the whole connected and autonomous vehicles revolution. There will be a pristine set of applications that will be essential to keep the driver occupied while the cars become an extended part of their home or office life. Please elaborate on the challenges that the organizations will need to address related to automotive technology.Cybersecurity is going to be one of the challenges. The more the vehicles and infrastructure become connected and interdependent, the surface of attack and attack vectors are going to be increasing exponentially. Security has to be taught from ground up not only in infrastructure but in the product development side as well.The cloud has enabled new paradigms, but in the end, there is a lot of computing that has to happen on the edge. So, making the cloud and edge to co-exist together to solve the most complex problems of humanity--autonomous vehicles--is a matter of concern. If this problem is tackled then a lot of less complex industries would automatically get a boost from the entire R&D that is happening in this space. Also, the organizations have to be prepared for the digital transformation. The THE FUTURE OF AUTOMOTIVES: DRIVEN BY PEOPLE, POWERED BY DIGITALCIOINSIGHTS
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