5 Ways Artificial Intelligence is Impacting the Automotive Industry

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Finding applications of artificial intelligence in the automotive industry requires only a scant reading of news headlines. From IBM Watson's partnership with the General Motors OnStar platform to Toyota's $1 billion investment in AI-based self-driving technology, the marriage of AI with automotive technology has surely been consummated. It seems that every stakeholder in the automotive industry is looking for a way to capitalize on recent advances in AI technology. While artificial intelligence automotive applications that involve driverless cars receive the most attention, this is only one of many uses for artificial intelligence in the car industry. In this article, we will look at artificial intelligence automotive industry trends to see what factors are driving this explosive new market.


Intelligent Connectivity: How 5G is Boosting AI, IoT, and Self-driving Cars

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As new technologies mature, new and advanced use cases arise from the fusion of 5G, Artificial Intelligence (AI), and the Internet of Things (IoT). This fusion creates a world of intelligent connectivity that positively impacts all individuals, industry, society, and the economy. From now to the year 2025 we are going to witness the evolution and adoption of technologies powered by 5G. These technologies are going to be defined by highly contextualized and personalized experiences. According to a recent GSMA Intelligence report, the number of 5G global connections is going to reach 1.3 billion by 2025 covering 40 percent of the world's population or approximately 2.7 billion people.


How Artificial Intelligence Is Projected To Influence The Automotive Industry

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So, if AI have existed since 1950 why it is matter to Automotive industry now? there are two answers for this question. A more detailed answer which reflect all these technologies together. The huge advance in machine learning algorithms due to the deep learning; moreover, With AI as an raising common technology platform, the automotive industry is set to test various changes in the following years. As several issues considered during the manufacturing process in terms of AI: vehicles become more integrated, and complex systems. New functions are added according to standards.


Internet of Things (IoT) to Transform the Digital Landscape

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The Internet of things (IoT) market is expected a bullish run owing to increasing integration of technology in personal and professional lives. Adoption of networking technologies such as 4G, light fidelity (Li-Fi), and 5G and heavy use of Internet by consumers are expected to propel development of IoT devices. Need for automation in organizations to minimize labor costs have led to subsequent investments in R&D by prominent companies such as Dell and Intel (INTC). Advent of connected devices due to mainstream proliferation of smartphones and tablets has led to consistent investments by venture capital firms. High potential of IoT to assist in daily tasks of customers is one of its major drivers.


How artificial intelligence is projected to influence the automotive industry - IoT Now - How to run an IoT enabled business

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Artificial intelligence and data science are two main technologies that forms the processes of the automotive. Since 2017, Udacity selected a group of 18 talented engineers (out of hundreds of applicants) to form the Self-Racing Cars team Udacity offer the first self-driving Nanodegree program. The program was Built in partnership with Uber, BMW, Mercedes-Benz, and Nvidia. After a huge success, Udacity introduced another Nanodegree program for the beginners. At last, MIT and university introduced their courses in the automotive industry, says Joseph Zulick of MRO Electric and Supply.