How AI and analytics will transform the auto industry - THRIVE Europe

The race to build fully autonomous cars has gone into hyper-drive, with major car-makers 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 re-define mobility, and historic earning streams are sure to be toppled. Even with all the road testing the car-makers 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 auto-makers are using simulation techniques such as hardware-in-the-loop (HIL) and software-in-the-loop (SIL) to make this happen.