Artificial Intelligence In Automotive Industry: Surprisingly Slow Uptake And Missed Opportunities

The automotive industry is one of the most high-tech industries in the world – so a headline finding in a report published this week was, on the face of it, somewhat surprising.

Capgemini’s report – Accelerating Automotive’s AI Transformation – found that during 2018, the number of companies in the industry deploying AI “at scale” grew only marginally by 3%.

This reflected that just 10% of respondents surveyed said that their organizations were deploying AI-driven initiatives across the entirety of its operations "with full scope and scale," during 2018, compared to 7% in 2017.

The relatively slow pace of growth is evidence that “the industry has not made significant progress in AI-driven transformation since 2017”, the report concludes – a surprising finding given the scale of investment and enthusiasm shown by industry leaders.

I spoke to one of the report’s authors, Capgemini’s Ingo Finck, who told me "To an extent, I did find this surprising, because from the discussions we've been having with these companies we see that the vast majority – more than 80% - mention AI in their core strategy. READ MORE ON: FORBES

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BusinessYusra Hamid