How AI and analytics will transform the auto industry – DXC Blogs

The race to build fully autonomous cars has gone into hyperdrive, with major carmakers such as GM, Daimler, BMW and Audi promising SAE Level 5 autonomous driving by sometime in 2021. Goldman Sachs predicts that robo taxis will grow the ride-hailing and sharing business from $5 billion in revenue today to $285 billion by 2030. Autonomous driving will redefine mobility and historic earning streams are sure to be toppled. Even with all the road testing the carmakers are doing, the only way the car companies can meet their ambitious goals is by leveraging the power of analytics and artificial intelligence (AI) to learn on real-world roads and accelerate development using simulations. The automakers are using simulation techniques such as hardware-in-the-loop (HIL) and software-in-the-loop (SIL) to make this happen.