SMACing the automotive industry: from concept to consumer

Technology is making a more significant impact on today's auto industry. Perhaps one of the most notable examples is the development of connected technologies coupled with social, mobile, analytics, and cloud (SMAC) technologies.

Three key technology trends are making significant impacts in the automotive industry today.

The first trend is the adoption of faster and smarter technologies to accelerate product development and reduce costs. Simulation, modeling, and virtualization of product engineering, prototyping, and manufacturing are expected to improve quality, reduce costs, and speed time-to-market from concept to consumer. Several technology companies are pioneering this approach to automotive, aerospace, and discrete manufacturing industries.