Top 20 Automotive Tech Solution Companies - 2016
From the first V8 engine developed by Ford to the driverless cars of today, automotive technology has seen massive development over the years. Going forward, these trends will see vast upturn in driver systems, autonomous vehicles, biometrics, vehicle tracking systems and more. Other trends like active window displays, remote vehicle shutdown, and active health monitoring will also have a big impact on the sector.
Further, the presence of major regulatory requirements like Corporate Average Fuel Economy (CAFÉ) regulations in the U.S., sustainability protocols, and changing preferences around ownership will require OEMs to depend more on technology to control costs. It has been touted that being driven by shared mobility, connectivity services, and feature upgrades, new business models could expand automotive revenue pools by over 30 percent, adding up to $1.5 trillion.
In the last few months, we looked at hundreds of technology solution providers and shortlisted the ones that are at the forefront of tackling the challenges of the automotive landscape.
In our selection, we examined the vendor’s capability to fulfill the needs of buyers by offering solutions and services around automotive technology. We also evaluated the vendor’s capabilities related to the deployment of cloud, analytics, mobility, and business intelligence in the specific context of the business.
We present to you CIOreview’s 20 Most Promising Automotive Technology Solution Providers 2016.