There was a time when the automotive industry was going through an intense time sometime back COVID-19 happened. And now the widespread of COVID is increasing the decay. The "New Normal" living standards look completely different than the earlier Li...
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Automotive Demand and Supply
There was a time when the automotive industry was going through an intense time sometime back COVID-19 happened. And now the widespread of COVID is increasing decay. The "New Normal" living standards look completely different than the earlier Lifestyle. There are numerous changes seen within the way individuals utilize the transportation system now.
The pandemic has majorly affected all angles of businesses worldwide. Particularly, the , major producers either got completely shut down or are running with negligible staff from security perspectives. Now OEMs need to evaluate digital ways like contactless vehicle buying experience to indulge the new customers to revaluate new revenue models.
Transformation of the Automotive Landscape
Digital change is rethinking what cars can do and what individuals anticipate from them. The establishment of this move is that vehicles are getting to be more connected. Incorporating In-car productivity services help to improve customer experiences. It proves worth accepting as anybody can turn their personal vehicle into an easy-going office space.
Connected Advanced Driver Assistance The system, Advanced navigation, voice-enabled digital assistants, etc. are bringing a dynamic change in the automotive industry.
In expansion to changing technology and client connections, the connected car is the establishment for modern advanced trade models and revenue streams worth billions (or trillions) of dollars.
The conceivable outcomes for revenue generation through is going to be endless. The Industry needs to work hard and take early steps to make the buyer understand that there's something valuable for them and to adapt the connected car platform and car data monetization is worth the benefits.
Overall, we can say Data is an asset that has numerous use cases, and it's up to you how you make good use out of it.
How Airlinq is a Steppingstone for OEMs?
Airlinq empowers Car OEMs to offer infotainment, security, and utility solutions in-vehicle for modern streams of digital revenues and thus improving the client experience. Also, API orchestration empowers consistent onboarding or third-party benefit suppliers and the creation of a monetized ecosystem.
enables OEMs to target and deliver contextual and personalized digital services directly to consumers with seamless service provisioning, consent, payment, billings, and settlement. Hence, an ecosystem is developed which ultimately enables new ways of generating revenues across different verticals.
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