One of the sectors which is actively implementing AI is the automotive industry: Transforming the designing, production and operation of vehicles. The auto industry is counting on AI in the design and manufacturing of vehicles, data analytics and cost optimization.
SAFETY & MANUFACTURING
Already AI is being used in many vehicles having Advanced Driver Assistance Systems (ADAS), which are already helping in accident prevention. "AI is being extensively used in the way vehicles interact with the driver and passengers. Voice assistants, connected features, features for operating lights, wipers, seats, etc. are all changing the way we interact with vehicles," said Anurag Singh, MD, Primus Partners.
Using cameras and sensors, enormous amounts of data can be processed by AI algorithms, that too in real time. This propels the ability to identify the environment and instant lifesaving decisions can be made. AI, thus significantly enhances safety on the road and reduces accidents. "Connectivity further helps in minimizing distractions, comprehend driving patterns and enhance user experience," said Prashanth Doreswamy, President & CEOContinental India.
With advanced robots, predictive analytics, supply chain, mass customization, assembly lines etc, AI is being used in automobile manufacturing. It helps in predictive maintenance and provides a foresight on when components need to be replaced.
Bu hikaye Entrepreneur magazine dergisinin March 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Entrepreneur magazine dergisinin March 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Chords of Success
For Saahil Goel, the deep-rooted passion for playing the guitar dates back to his high school days. Influenced by legends like Pink Floyd, Led Zeppelin, and the Pakistani band Strings, his musical journey mirrors his leadership style-balancing focus, discipline, and a collaborative spirit. Goel feels that playing guitar has enhanced his ability to balance focus and teamwork as a founder of an eCommerce shipping start-up.
IS YOUR RENT TOO DAMN HIGH?
Many small business owners struggle with their rents. Here's what to do.
HOW TO BOUNCE BACK FROM A BAD REVIEW
A one-star review can hurt your ego - and your business. But it's possible to prevent (and remedy!) this scary scenario.
HOW TO HIRE FOR THE FUTURE
Small businesses are struggling to find quality labor. So flip the conversation: Show workers how your business will set them up for opportunity.
You Can Hire Like Netflix
The streaming platform built an incredible team with a strategy called “talent density.” But you don’t need to be a tech giant to do it.
Speedy Growth Killed My Startup
We seemed to be rocking it - lots of press, major partnerships. Then we learned the harsh consequences of overlooking our customers.
Three Pivots to $100 Million
How do you find a working business model? Do it like Rowan-a brand that reinvented itself many times before finally piercing the ear-piercing market.
What Goals Actually Matter?
Some benchmarks are more important than others so what should you really care about? We asked six founders for their hardest-won lessons.
'Only the Strongest Are Going to Survive'
Brian Lee cofounded companies like LegalZoom and ShoeDazzle-and he believes a lot of conventional business wisdom is backward. Sure, it's harder to raise capital. But it's actually cheaper than ever to start a company.
HOW TRUST SAVED KFC
The former CEO of Yum! Brands explains how he turned around a struggling KFC-and the important lesson it offers for anyone in franchising.
