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Porsche Consulting, 2023

The automotive industry is undergoing rapid digital transformation due to factors like electrification and automation, leading to increased product complexity and a faster pace of change. Traditional vehicle manufacturers need to adopt digitalization and prioritize software-driven solutions to stay competitive.

This whitepaper discusses the importance of collaboration, decoupling hardware and software processes, and efficient software development in successfully managing this transformation, as 60% of vehicle recalls are linked to product complexity, and a 40% increase in software development costs is expected by 2030, requiring the involvement of three organizational levels.

Read the whole article here