The Internet of Things to drive changes in the auto industry
For the automotive industry the emergence of the IoT (“Internet of Things”) constitutes a disruptive and transformative environment characterized by value chain and business model upheaval and a “collaborate or die” ecosystem friction reality prompting it to redefine and reinvent itself in order to capitalize on the huge opportunities in the new IoT economy, according to ABI Research (www.abiresearch.com).
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