Automotive start-ups seek to offer more intelligent solutions
Implications - Automotive start-ups are pushing the envelope when it comes to developing new products and vehicles, especially in the autonomous car market. In addition to competing with established brands for the self-driving car, these start-ups are focusing on ensuring the features and services surrounding vehicle ownership are more integrated and intelligent. Consumers desire an unobtrusive relationship with their technology, resulting in more cognitive technology.
Workshop Question - Brainstorm ways in which your brand could implement cognitive technology to smooth out the consumer experience.
Trend Themes
1. Autonomous Cars - Start-ups and established companies are competing to develop self-driving cars and related products and services, creating new opportunities for businesses to innovate and disrupt the automotive industry.
2. Artificial Intelligence in Auto Insurance - Insurtech companies like Insurify are leveraging AI to make recommendations for car insurance coverage, creating new ways for businesses to improve the insurance industry.
3. Cognitive Automotive Technology - Companies like Capio are using advanced speech recognition technology and deep learning to create vehicles that can interact with humans in more natural, intuitive ways, opening up new possibilities for businesses to enhance automotive features and services.
Industry Implications
1. Automotive Industry - The automotive industry is being disrupted by new companies developing autonomous driving technology and innovative products and services.
2. Insurance Industry - Insurtech companies are transforming the insurance industry with new technologies like AI and automation.
3. Speech Recognition Industry - Speech recognition companies like Capio have the potential to revolutionize not only the automotive industry, but also other industries like call centers, robotics and home automation.
4 Featured, 25 Examples:
44,411 Total Clicks
Date Range:
Mar 16 — Mar 16
Trending:
Mild
Consumer Insight Topics:
