How do leaders steer their organization through industrial change? How will these changes affect the industry, and how can companies incorporate these changes into their strategy?
Infosys Confluence saw Hartmut Müller, VP of IT and Cross Functions, Mercedes-Benz Group AG, and Marcus Claesson, CIO of Daimler Truck AG answer these questions as they discussed the industry-wide shift within the automotive industry in a session moderated by Narasimha Rao, EVP, and Head - Cloud, Infra, and Security at Infosys.
With the architecture of vehicles increasingly becoming software-driven, they are moving away from being just engineering products. Utilizing technologies like the cloud has brought vehicles closer to being technical products.
The automotive industry is shifting to sustainable business models. To achieve this, they are digitizing their business processes and substituting the physical world with the digital to reduce carbon emissions while increasing efficiency.
The industry is taking initiatives like technology-focused, purpose-built centers to support the talent necessary for this transformation. It has also been attracting the younger crop who resonate with these ideas.
To adopt sustainability industry-wide, companies need to allocate funds to execute the strategy and change the attitude of people. Companies need to work together and with other stakeholders who hold the key to creating predictability.
Look into our partner ecosystem… that you can influence directly. You can decide with whom you are working and whether they are sharing the same attitude as you as a company.