18 of 20 top global Automotive companies trust OpenText
Mounting regulations, pressures to improve customer retention and increasing calls for innovation are driving unprecedented digital transformation in the Automotive industry. Automotive solutions offer ways to capture and utilize information and data at an unprecedented volume and velocity to create connected, smart manufacturing and digital supply chains.
There is continued momentum for cloud migration, with 35% of all production applications predicted to be cloud-native by 2023.
Digital transformation is prioritized throughout the industry, with 75% of Automotive OEMs planning to employ digital innovation platforms to improve OPEX.
Automakers require supply chain predictability, with 60% of businesses expecting operational disruption by competitors with more resilient supply chains.
Automakers are reevaluating their inventory strategy following disruptive events, such as the semiconductor chip shortage that disrupted vehicle production.