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07. Mai 2024

The Role of Digitalization in Transforming the Automotive Industry

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

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